Ashok Leyland, the commercial vehicle manufacturer, has reported a growth of 12% in March 2017 sales to 18,682 units, as against 16,702 units sold in the same period of last year.
The company has registered a rise of 15% sales in its medium and heavy commercial vehicle (M&HCV) products segment to 15,258 units in March 2017, as compared to 13,240 units in March 2016. However, light commercial vehicle (LCV) of the company registered sales of 3,424 units in March 2017, a drop of 1%, as compared to 3,462 units sold in March 2016.
Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.