In the world of commercial vehicle sales, things seem to be looking up for one of the key players in the commercial vehicle sector, Ashok Leyland. The Hinduja group flagship firm reported an 11% jump in its sales for January 2021 at 13,126 units. This increase in sales comes in contrast to the 11,850 units that were sold in January the previous year.
According to the company’s regulatory filing, Ashok Leyland recorded a sale of 12,359 units in January this year in the domestic market, as opposed to 10,850 units that were sold in 2020 in the month under review, leading to an increase in sales by 14%.
In case of Medium and Heavy Commercial Vehicles (M&HCVs) sales in the domestic market, the company recorded a decline of 2% at 6,839 units sold in January 2021, in contrast to 6,949 units that were sold in January 2020.
For Light Commercial Vehicles (LCVs), the domestic sales stood at 5,520 units for the previous month, recording an increase in sales by 42% in comparison to 3,901 units that were sold in January the previous year.