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:
Since Nov 2014, there is continue positive sales trend in M&HCV segment in current FY year. LCV segment in stagnant and market is expecting its revival soon.
There is sharp increase in its sales from Q1 to Q4 in FY 15.
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Source: AL, Autobei databank