Ashok Leyland reported total sales of 15,310 units in October 2024, down from 16,864 units in October 2023, marking a year-on-year (YoY) decline. The sales missed estimates, which were set at 16,110 units. The decrease reflects a weaker performance compared to last year.
Domestic Sales (YoY Comparison)
- M&HCV Trucks: Sold 7,208 units in October 2024, down from 8,272 units in October 2023, reflecting a decline of 13%.
- M&HCV Buses: Sales reached 1,229 units, an increase of 8% compared to 1,139 units in October 2023.
- Total M&HCV: Combined, M&HCV sales (Trucks + Buses) totaled 8,437 units, down 10% from 9,411 units last year.
- LCV (Light Commercial Vehicles): Sold 5,630 units, a decline of 11% from 6,348 units in October 2023.
- Total Domestic Vehicles: Ashok Leyland’s total domestic sales were 14,067 units, reflecting an 11% decrease compared to 15,759 units in October 2023.
Domestic + Exports Sales (YoY Comparison)
- M&HCV Trucks: 7,455 units were sold in October 2024, a decrease of 12% compared to 8,454 units in October 2023.
- M&HCV Buses: 1,953 units sold, marking a 13% increase over 1,731 units in the previous year.
- Total M&HCV: Combined domestic and export sales for M&HCV stood at 9,408 units, reflecting an 8% drop from 10,185 units in October 2023.
- LCV: 5,902 units were sold, down 12% from 6,679 units in October 2023.
- Total Vehicles (Domestic + Exports): Overall, the combined domestic and export vehicle sales were 15,310 units, marking a 9% decrease from 16,864 units in October 2023.
Cumulative Year-to-Date Sales (April to October)
- M&HCV Trucks: 50,265 units, down 10% YoY from 56,147 units.
- M&HCV Buses: 15,208 units, up 24% YoY from 12,289 units.
- Total M&HCV: Combined M&HCV cumulative sales totaled 65,473 units, showing a 4% decline compared to 68,436 units.
- LCV: 39,354 units were sold, down 1% from 39,603 units.
- Total Vehicles (Domestic + Exports): Year-to-date sales for all vehicles reached 1,04,827 units, down 3% from 1,08,039 units.
TOPICS:
Ashok Leyland