Ashok Leyland Cvs
CV maker Ashok Leyland's sales jump 58% in July to 13,625 units
Commercial vehicle maker Ashok Leyland on Monday said its total vehicle sales, including exports, jumped 58 per cent year-on-year to 13,625 units in July. The company had sold a total of 8,650 vehicles in the same month last year, Ashok Leyland said in a statement. Sales of Medium & Heavy Commercial Vehicles (M&HCV), which include trucks and buses, rose 113 per cent to 8,148 units last month compared to 3,822 units sold in July 2021. The Light Commercial Vehicle (LCV) segment sales also increased 13 per cent to 5,477 units last month in comparison to July 2021 sales of 4,828 vehicles, Ashok Leyland said. Total domestic sales (M&HCV+LCV) during the previous month stood at 12,715 units, an increase of 56 per cent over 8,129 units in July 2021, the company said.
 "CV maker Ashok Leyland's sales jump 58% in July to 13,625 units")
Ashok Leyland expects plants to be operational for only 10 days in June
The commercial vehicles major said its manufacturing plants would be operational only for up to 10 days in the month of June due to lower demand and lockdown in states where its plants were located
 "Ashok Leyland expects plants to be operational for only 10 days in June")
Ashok Leyland truck sales rise 2% in August; bus sales decline 91%
Company's Light commercial Vehicle (LCV) sales grew by 20 per cent to 4,567 units from 3,816 units
 "Ashok Leyland truck sales rise 2% in August; bus sales decline 91%")
GST reduction, scrappage policy to help revive CV industry: Ashok Leyland
Auto industry body SIAM has been urging the government to reduce the GST rate on vehicles from 28 to 18 per cent, and to introduce an incentive-based scrappage policy
 "GST reduction, scrappage policy to help revive CV industry: Ashok Leyland")
Scrappage scheme would give demand a boost: Ashok Leyland MD & CEO
A good scrappage policy could help improve efficiency of our transport fleet, reduce pollution and also help boost demand, said Vipin Sondhi
 "Scrappage scheme would give demand a boost: Ashok Leyland MD & CEO")
Ashok Leyland invests Rs 500 crore for BS-VI transition, new platform
M&HCV volume during 2019-20 (April to December) dropped by 36.39 per cent to 1,76,202 units as against 2,78,319 units, a year ago
 "Ashok Leyland invests Rs 500 crore for BS-VI transition, new platform")
We'll be better placed in future downturns: Ashok Leyland Chairman
Dheeraj Hinduja is positive the bad times are over and hopes to see his company become a top-10 CV player going forward
 "We'll be better placed in future downturns: Ashok Leyland Chairman")
Ashok Leyland to focus on commercial vehicles: Dheeraj G Hinduja
Said performance was remarkable, when industry sales volume was static, amidst demonetisation
 "Ashok Leyland to focus on commercial vehicles: Dheeraj G Hinduja")
