Ashok Leyland, a leading commercial vehicle manufacturer, has reported a significant rebound in sales for the month of May 2025. The company sold a total of 15,484 units in May, which represents a 15% increase from the 13,421 units sold in April 2025. This growth is attributed to the strong performance of the Medium and Heavy Commercial Vehicle (M&HCV) segment, which saw a 17% increase in sales compared to the previous month.
The M&HCV category, which includes trucks and buses, posted sales of 10,282 units in May, with truck sales leading the way with a 20% rise to 7,606 units. Bus sales also improved, with a 10% increase to 2,676 units. The Light Commercial Vehicle (LCV) segment saw a slight improvement, with sales increasing by 4% to 5,202 units.
In terms of domestic sales, Ashok Leyland sold 14,534 units in May, which represents a 14% increase from the 12,754 units sold in April. Export shipments also showed a modest recovery, with 950 units sold in May compared to 667 units in April.
Cumulatively, Ashok Leyland has sold 28,905 units over the first two months of 2025, which is nearly flat compared to the 28,953 units sold during the same period in 2024. While the overall growth remains steady, the improvement in May suggests that the company is recovering from the downturn in April, particularly in the core commercial vehicle segments.
The strong performance of the M&HCV segment is a positive sign for Ashok Leyland, as it indicates a recovery in the commercial vehicle market. The company’s ability to maintain a steady sales performance despite the challenges in the market is a testament to its resilience and adaptability. With the commercial vehicle market expected to continue growing, Ashok Leyland is well-positioned to capitalize on the trend and drive future growth. Overall, the company’s sales performance in May 2025 is a encouraging sign for the industry and investors alike.