One of the major player in Commercial vehicle segment, Ashok Leyland shown 29%,-6% and 17% growth in M&HCV , LCV and overall sales compare to FY 2013-14. Expansion in new markets, new product and product mix portfolio supported company to show double digit growth. Overall M&HCV segment also giving positive sign to Indian Commercial Vehicle Industry.
There is a cycle trend of sales of CV segment of Ashok Leyand since FY 2008-09 to FY 2014-15. LCV segment of the company is struggling from last yeas. Overall Industry also shown de growth since FY 2012-13.
Month wise sales Analysis: Total vehicle including LCV and M&CV segment
Segment wise sales of LCV & M&HCV segment:
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Source: AL, Autobei databank