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01 Nov 2023

Ashok Leyland Records 11.5% Growth in Domestic Sales for Oct 23

By News Date 01 Nov 2023

Ashok Leyland Records 11.5% Growth in Domestic Sales for Oct 23

Ashok Leyland Sold 14,620 CV Sales Units in the Domestic Market

Ashok Leyland, a prominent Indian commercial vehicle manufacturer, recently released its October 2023 sales report for commercial vehicles (CV). The report reveals a noteworthy 14% rise in sales, encompassing both the domestic & export markets.

Precisely, Ashok Leyland's CV sales amounted to 14,620 units in Oct 2023, up from 13,103 units in the same month in 2022. Notably, the company achieved an incredible 11.58% growth in domestic sales during Oct 23. At the same time, there was a substantial 137.5% increase in sales within the export market. 

Check Commercial Vehicle Domestic Sales Data October 2023

Ashok Leyland Commercial Vehicle Sales Report, October 2023, saw a sales rise of 11.58%. It sold 14,620 units, compared to 13,103 units in Oct 2022. As a result, this CV manufacturer witnessed a sales rise in M&HCV Trucks the segment.  

Furthermore, its LCV category also experienced a 12% increase in sales. The brand sold 6,348 LCV, compared to 5,671 in Oct 2022. The M&HCV segment sold 8,272 units in October 2023, compared to 7,432 units in October 2022.  

Check Commercial Vehicle Export Sales Data October 2023

Based on the October 2023 Export CV Sales Statistics for Ashok Leyland, there was a remarkable 137.5% surge in sales. 513 units were sold in Oct 2023, compared to 216 in Oct 2022. The brand recorded an impressive sales growth of 139.8% in the LCV category. 

Furthermore, it experienced a sales surge with a remarkable 133% growth in the M&HCV category. Under the M&HCV vehicles, the company sold 182 units in Oct 2023, compared to 78 in Oct 2022. Further, the LCV category reported sales of 331 units in October 2023, compared to 138 units in Oct 2022. 

Commercial Vehicle Gross (Domestic + Export) Sales Data, October 2023

In October 2023, Ashok Leyland witnessed a 14% increase in Gross CV Sales, including 15% growth in LCV categories and 13% in M&HCV. 

In Gross Commercial Vehicle Sales, 15,133 units were recorded in October 2023, compared to 13,319 in Oct 2022. Additionally, under the M&HCV Truck category, 8,454 CVs were sold in Oct 2023, compared to 7,510 CVs in October 2022. Within the LCV category, 6,679 CVs were sold in October 2023, compared to 5,809 CVs in Oct 2022. 

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