Ashok Leyland stages recovery with 11% growth during June

Tuesday, Jul 04, 2017

Commercial vehicle manufacturer Ashok Leyland has staged an overall recovery in sales during the month of June 2017 over last June growing 11 percent with sales of 12,330 units, according to a company statement.

It had suffered a decline of 8 percent in total sales during May 2017 on the back of the downslide in medium and heavy commercial vehicles.

During June 2017, the growth is led by light commercial vehicles at 29 percent with sales of 3,128 units. M&HCVs have grown 6 percent at 9,202 units.

However during the first quarter (April-June), total sales were down by 9 percent at 28,495 units with M&HCVs contributing the largest drop of 17 percent with sales of 19,877 units. LCVs however grew 21 percent at 8,618 units.

CV maker has reached a market share of 25 percent in FY17 from 19 percent in FY15 in the Northern region on the back of its new campaign ‘Aapki Jeet, Hamari Jeet’.

Further, the company has, in recent years, expanded its network rapidly to cater to its wide range of customers. At the end of FY17, its network had expanded to 2678 touch points with plans to grow it rapidly during FY’18.

With an additional 5000 outlets for Leyparts, the genuine spare parts brand, Ashok Leyland claims it now has a service centre every 75km on all major highways which helps it deliver its Tatkaal promise of reaching customers within 4 hours and getting their vehicle back on-road within 48 hours.

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