Nonetheless, the cumulative gross sales have fallen by 2%, from 1,38,246 models in 2023 to 1,35,921 models in 2024.
Domestically, December 2024 recorded a 4% enhance in gross sales to fifteen,713 models, whereas the cumulative gross sales dropped by 3% from 129,995 models in 2023 to 126,126 models in 2024.
The Medium & Heavy Industrial Autos (M&HCV) class, within the home market, noticed a 6% YoY development in December 2024, rising from 9,932 models in December 2023 to 10,488 models.
The M&HCV class contains M&HCV Vehicles and M&HCV Buses.
Combining the home and export gross sales figures, the overall M&HCV December gross sales elevated by 8%, reaching 11,474 models in 2024 in comparison with 10,630 models in 2023, whereas falling by 2% YoY cumulatively.Additionally learn: A ten% decline and but India’s dearer than EM friends
Additional, the sunshine business autos (LCV) section remained secure domestically at 5,225 models, a slight enhance from 5,221 models in December 2023 and rising by 1% YoY in complete (home + exports) to five,483 models.
The shares of Ashok Leyland have gained 28.7% within the final one 12 months. Nonetheless, they declined by 0.85% within the final 6 months and by 2.5% within the final 3 months, in line with the BSE analytics.
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t signify the views of the Financial Occasions)
