Ashok leyland Sales Analysis

The sales of Ashok Leyland for the month of September 2014 recorded 27% growth as 9,193 units were sold against 7,232 sold units sold in September 2013. The M&HCV sales increased by 40% in September 2014 at 6,621 units against 4,715 units sold during September 2013. The Light Commercial Vehicle segment witnessed 2% increased in sales at 2,572 units were sold in September 2014 against 2,517 units sold in September 2013.

The year to date sales for FY 2014-15 grew by 1% against the same period of FY 2013-14. M&HCV segment registered 7% growth in sales while LCV is at 13% decline.

Month on month, there is a positive sales trend in FY 15 H1.

Latest updates:

- Ashok Leyland  rolls out its 100,000th vehicle at Pantnagar plant.

- Ashok Leyland has received orders for around 4,000 buses from State Transport Undertakings (STUs) worth of around 1,500 crore INR

Mr. Vinod K. Dasari, Managing Director, Ashok Leyland Ltd., said, “With rapid urbanization and increasing agglomeration in Indian cities, it is important to modernize public transportation systems and offer technologically advanced and empathetically designed transport solutions. JanBus, the world’s first front-engine, single-step entry, full-flat floor bus, is a vehicle specifically designed for urban transport. It provides several patented features that maximize passenger safety and substantially enhanced operating economics for the STUs.  JanBus has received tremendous response from STUs - it will contribute over 2000 buses to JNNURM-II. We have also received orders from the international market for the bus and soon JanBus will be running in many countries. We have always been at the forefront of providing world-class products first to our fellow Indians and remain committed to making lives simpler and safer for every Indian.”

Source -  Autobei