The sales of Ashok Leyland for the month of May 2014 recorded 9% decline as 6,632 units were sold against 7,267 sold units sold in May 2013. The M&HCV sales declined by 1% in May 2014 at 4,884 units against 4,932 units sold during May 2014. The Light Commercial Vehicle segment witnessed 25% decline in sales as 1,748 units were sold in May 2014 against 2,235 units sold in May 2013.
The year to date sales for FY 2014-15 fell by 15% against the same period of FY 2013-14. M&HCV segment registered 8% drop in sales while LCV is at 32% decline.
Source – Company, ACG