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Key Highlights:
Ashok Leyland, a leading commercial vehicle manufacturer in India, recorded a 4.82% increase in total sales in May 2025 compared to May 2024. The company sold 12,808 units in May 2025 compared to 12,219 units in May 2024.
Segment-wise Gross CV Sales for May 2025
Performance: The company recorded a 4.82% increase in Gross Commercial Vehicle Sales, including a 12% growth in the M&HCV and a 4% growth in the LCV category.
Category-Wise Breakdown: In May 2025, the M&HCV truck category sold 7,606 units, up from 6,780 in May 2024. In May 2025, in the LCV category, 5,202 units were sold, compared to 5,439 in May 2024.
Category | May 2025 | May 2024 | YOY Growth % |
M&HCV | 7,466 | 6,648 | 12% |
LCV | 5,148 | 5,301 | 3% |
Total sales | 12,614 | 11,949 | 5.57% |
Domestic Commercial Vehicle Sales increased by 5.57%
In the domestic market, Ashok Leyland witnessed a 5.57% increase in sales, with 12,614 units sold in May 2025, compared to 11,949 units in May 2024.
Segment-wise Domestic Sales Performance
M&HCV Truck Segment: The Medium and Heavy Commercial Vehicle (M&HCV) truck category reported a growth of 12% in sales. The company sold 7,466 units in May 2025 compared to 6,648 units in May 2024.
LCV Category: In the Light Commercial Vehicle (LCV) category, the company experienced a growth of 3% in sales. The company sold 5,148 units in May 2025 compared to 5,301 units in May 2024.
Category | May 2025 | May 2024 | Growth % |
M&HCV | 140 | 132 | 6% |
LCV | 54 | 138 | -61% |
Total sales | 194 | 270 | -28.15% |
Export sales decreased by 28.15%
The company experienced a decline of 28.15% in export sales, with 194 units shipped in May 2025 compared to 270 units in May 2024.
Segment-wise Export Sales Performance May 2025
Decline in M&HCV Category: Export sales in the M&HCV category experienced a growth of 6%, with 140 units sold in May 2025, compared to 132 units in May 2024.
Growth in LCV Category: Ashok Leyland witnessed a decline of 61% in the LCV category, with 54 units sold in May 2025, compared to 138 units in May 2024.
Also Read: Ashok Leyland Sales Report April 2025: Reports 6.44% Growth in Export Sales
CMV360 Says
Ashok Leyland’s rise in domestic sales shows that the demand for commercial vehicles in India is growing steadily. The strong performance in the M&HCV segment is a positive sign. However, the drop in export sales suggests the company might be facing challenges in international markets. Focusing on improving exports could help balance overall growth.
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