Ashok Leyland Reports 19,309 CV Sales in Feb 2026, Registers Strong 25.9% YoY Growth

Key Highlights

• Total CV sales reached 19,309 units in Feb 2026.

• Overall sales grew 25.9% year-on-year.

• Domestic sales rose 32% to 18,649 units.

• M&HCV domestic sales jumped 39%.

• Export sales declined 54.2%.

Ashok Leyland, one of India’s leading commercial vehicle makers, has reported a strong sales performance for February 2026. The company recorded total commercial vehicle (CV) sales of 19,309 units, including domestic and export markets. This represents a 25.9% year-on-year (YoY) growth, compared to 15,339 units sold in February 2025.

The performance was mainly supported by strong domestic demand, especially in the Medium & Heavy Commercial Vehicle segment.

Also Read: Ashok Leyland January Sales Report 2026: 38% YoY Growth, 19,500 Units Sold

Domestic Commercial Vehicle Sales - February 2026

Ashok Leyland’s domestic market remained the key growth driver. The company sold 18,649 units in February 2026, compared to 14,137 units in February 2025, registering a solid 32% YoY growth.

Segment-wise Domestic Sales Performance

M&HCV (Medium & Heavy Commercial Vehicles)

The M&HCV segment recorded 11,599 units in February 2026, up from 8,368 units last year. This marks a strong 39% growth, showing improved fleet demand and higher infrastructure activity.

LCV (Light Commercial Vehicles)

The LCV segment reported 7,050 units, compared to 5,769 units in February 2025. This reflects a healthy 22% YoY increase, driven by strong last-mile delivery and small business transportation demand.

Export Sales Performance - February 2026

While domestic sales grew strongly, exports declined during the month. Ashok Leyland exported 660 units in February 2026, compared to 1,202 units in February 2025, registering a 54.2% decline.

Segment-wise Export Sales

M&HCV Exports

Exports in the M&HCV category fell to 308 units, down from 554 units last year, reflecting a 44% decline.

LCV Exports

LCV exports stood at 352 units, compared to 648 units in February 2025, marking a 45.7% drop.

Overall Commercial Vehicle Sales (Domestic + Exports)

Combining both domestic and export numbers, Ashok Leyland achieved 19,309 total CV sales in February 2026, compared to 15,339 units in February 2025.

Segment-wise Total Sales (Domestic + Export)

The M&HCV segment recorded 11,907 total units, growing 33% YoY, while the LCV segment posted 7,402 units, reflecting 15% growth.

What Drove the Growth?

Ashok Leyland entered 2026 with strong momentum. The company benefited from:

• Healthy domestic infrastructure activity

• Better fleet utilization

• Improved demand for cargo transportation

• Rising customer confidence in fuel-efficient commercial vehicles

Although export volumes declined in February, the strong domestic performance helped the company achieve impressive overall growth.

Also Read: GreenCell Deploys 75 Electric Buses in Puducherry to Boost Zero-Emission Transport

CMV360 Says

Ashok Leyland delivered a strong performance in February 2026 with total sales of 19,309 commercial vehicles, supported mainly by robust domestic demand. The M&HCV segment led the growth with a sharp rise in sales. While exports declined during the month, overall sales increased by 25.9% year-on-year. The company’s consistent performance highlights improving market demand and steady growth in India’s commercial vehicle sector.