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Ashok Leyland becomes world's third largest M&HCV bus maker for 2019

04 Feb 2020 Evaluate

Ashok Leyland has become the world's third largest M&HCV bus maker for 2019. This is based on reports released by SIAM, OICA (Organisation Internationale des Constructeurs d’Automobiles) and IHS Markit. The total number of buses sold by Ashok Leyland in CY2019 stood at 23,100 units.

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.

Peers
Company Name CMP
Tata Motors 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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