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Ashok Leyland Total Sales Up 24.54% in February 2016

Ashok Leyland, the big commercial vehicle manufacturer in India, has registered the growth of 24.54% with the total sales of 13,403 vehicles in February 2016. The company has sold 10,761 units of vehicles including LCVs and M&HCVs like Boss 912 LE and Ecomet Tipper 1012 in the February month of the last year. The segment of M&HCV has registered the 31% increment with the 10,798 vehicle sales in the last month while the same segment has a record of 8,230 product sales in Feb 2015. By the sales of 2,605 units in February 2016, the LCV segment has increased up to 3 percent from the sales in Feb 2015 are 2,532 units.

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Ashok Leyland Sales February 2016 (Units) February 2015 (Units) % Change April 2015 to February 2016
M&HCVs 10,798 8,230 31% 96,519 units
LCVs 2,605 2,532 3% 27,233 units
Total Sales 13,403 10,761 24.54% 1,23,752 units

 

As the biggest maker, Ashok Leyland has been registered the emerging sales from the last three months. Of course, the percentage of company sales has declined in the last month compared to the January 2016 month as the sales have decreased to 13,403 units from 13,886 units in January 2016.

Related: Auto Manufactures Report Positive Growth in PAT for Third Quarter

Due to the temporary registration ban of heavy vehicles, which is the scheme ended by March 30 in the NCR region, the CV maker has witnessed the slow sales. Moreover, compare the same duration (from January to February) in the last year, this year sales of tippers and buses have improved. Ashok Leyland expected that the sales of buses and trucks are to be increased in the coming months like the last two months.

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