Ashok Leyland Achieves 14,721 Domestic & Export CV Sales in December 2024

Key Highlights

• 14,721 total CV sales in December 2024, up 6.34%.
• Domestic sales grew by 5.73% to 14,204 units.
• M&HCV export sales rose 144.34% year-on-year.
• LCV export sales declined 14.85% in December 2024.
• Overall domestic and export M&HCV sales grew by 11%.

Ashok Leyland, one of India’s leading commercial vehicle manufacturers, has announced its sales performance for December 2024. The company witnessed an overall growth of 6.34% in domestic and export sales compared to December 2023.

Also Read: Ashok Leyland Sales Report November 2024: Records 115% Growth in Export Sales, Sells 941 Units

Domestic Sales Overview

In the domestic market, Ashok Leyland sold 14,204 units in December 2024, up from 13,434 units in December 2023, marking a growth of 5.73%.

The Medium and Heavy Commercial Vehicles (M&HCV) segment saw a 9% increase, with 8,979 units sold in December 2024 compared to 8,213 units in December 2023. The Light Commercial Vehicle (LCV) segment remained stable, recording sales of 5,225 units in both years.

Export Sales Overview

Ashok Leyland's export sales showed significant growth, with a total of 517 units exported in December 2024, up from 409 units in December 2023, representing a 26.41% increase.

The M&HCV export segment experienced remarkable growth of 144.34%, with 259 units sold in December 2024 compared to 106 units in December 2023. However, the LCV export segment saw a decline of 14.85%, with sales dropping to 258 units from 303 units in the previous year.

Combined Sales Performance (Domestic + Export)

Ashok Leyland achieved 14,721 unit sales in December 2024 across domestic and export markets, reflecting an overall growth of 6.34% compared to 13,843 units in December 2023.

The M&HCV segment was the star performer, with an 11% growth, selling 9,238 units in December 2024 compared to 8,319 units in December 2023. On the other hand, the LCV segment showed a slight decline of 1%, with 5,483 units sold in December 2024 versus 5,524 units in the previous year.

Also Read: Tata Motors Reports Marginal YoY Drop in Domestic CV Sales for December 2024

CMV360 Says

Ashok Leyland showcased robust growth in December 2024, achieving a 6.34% rise in overall sales. Strong domestic performance and remarkable M&HCV export growth highlight its market leadership. Despite a minor drop in LCV exports, the company’s consistent innovation and market focus position it for sustained success in the commercial vehicle sector.