Ashok Leyland records highest ever sales volumes of 198,113 CV units in CY23
This is the highest-ever sales volume in the history of the company.
Ashok Leyland, the flagship of the Hinduja Group commercial vehicle manufacturer has recorded an all-time high sales of 198,113 commercial vehicle units in CY23, surpassing the previous record established in 2018.
This is the highest-ever sales volume in the history of the company, noted a press release.
Shenu Agarwal, Managing Director and CEO, Ashok Leyland said, "The momentum generated in 2023 sets a solid foundation for a future where we will continue to lead the way in the commercial vehicle industry."
Ashok Leyland attributes customer confidence on the back of its strong dealership network and comprehensive after-sales service infrastructure.
"Looking ahead, we are poised for even greater success as we continue to invest in cutting-edge technologies, sustainable operating practices, and customer-centric market initiatives to drive the next phase of growth for Ashok Leyland," Agarwal further added.
RELATED ARTICLES
BKT Flags Further Margin Pressure as Raw-Material Costs Rise
The tyre maker says higher input costs could affect margins by around 2% in the coming quarter; Q1 EBITDA margin contrac...
ASK Automotive Revises FY27 Revenue Forecast Upwards
The auto parts maker now expects its revenue to grow in high teens during the year.
Cabinet Approves Rs 23,731 Crore GOBARdhan Scheme for Compressed Biogas
National initiative targets ten-fold growth in domestic clean gas production through guaranteed pricing, capital grants,...


08 Jan 2024
11440 Views

Kiran Murali
Autocar Professional Bureau