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Bajaj Etec RE 9.0
Syed Usman Hasan
03 Jun 2024

Ashok Leyland's Total CV Sales Surge in May 2024, Sold 12,219 Units

By Syed Usman Hasan News Date 03 Jun 2024

Ashok Leyland's Total CV Sales Surge in May 2024, Sold 12,219 Units

Ashok Leyland Records 12,219 Commercial Vehicle Sales in May 2024

Ashok Leyland recently released its sales data for May 2024. The company sold a total of 12,219 units of CVs, experiencing a 6.03% increase in sales across both domestic and export markets.

Ashok Leyland achieved sales of 11,949 commercial vehicles in the Domestic market

Ashok Leyland, the leading producer of commercial vehicles in India, recently released its sales data for the month of May. The data indicates a 6.03% rise in total sales across both domestic and export markets.

In May 2024, the company's sales of commercial vehicles increased by 4.49%, with 11,436 units sold compared to 11,949 units sold domestically. Notably, the number of export units sold increased by 65.64% from May 2023 to May 2024, with 270 units sold as opposed to 163 units in the previous year.

Check Commercial Vehicle Domestic Sales Data For May 2024

The M&HCV truck industry in May 2024 showed an increase of 1%. It reported sales of 6,648 units, in contrast to 6,573 units in May 2023. Therefore, this CV producer experienced a rise in sales.

Furthermore, its LCV category again experienced an 11% rise in sales. The brand sold 5301 LCVs in May 2024, compared to 4,788 in May 2023. The Total Ashok Leyland Domestic CV Sales Report segment sold 11,949 units in May 2024, compared to 11,436 units in May 2023.  

Check Commercial Vehicle Export Sales Data May 2024

According to the May 2024 Export CV Sales Statistics for Ashok Leyland, sales increased significantly by 65.64%. In May 2024, 270 units were sold, more than the 163 units sold in May 2023.

Further, the LCV category reported sales of 138 units in May 2024, compared to 76 units in May 2023. The brand recorded impressive sales growth of 81.58% in this category. 

Furthermore, it experienced a sales surge with a remarkable 51.72% growth in the M&HCV category. Under the M&HCV vehicles, the company sold 132 units in May 2024, compared to 87 units in May 2023.  

Commercial Vehicle Gross (Domestic + Export) Sales Data, May 2024

In May 2024, Ashok Leyland witnessed a 6.03% increase in Gross CV Sales, including a 2% increase in M&HCV categories and a 12% gain in LCV. 

For Gross Commercial Vehicle Sales, 12,219 units were recorded in May 2024, compared to 11,524 in May 2023. Additionally, under the M&HCV Truck category, 6,780 CVs were sold in May 2024, compared to 6,660 CVs in May 2023. Within the LCV category, 5,439 CVs were sold in May 2024, compared to 4,864 CVs in May 2023. 

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