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Ashok Leyland sales up 14.2% in July

M&HCV sales grew 10.3% in July 2017 with 9026 units sold as against 8182 units during July 2016

Ashok Leyland
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Despite the poor performance, most brokerages have a positive view on Ashok Leyland

T E Narasimhan Chennai
Commercial Vehicle major Ashok Leyland has posted a growth of 14.2 per cent in total sales by selling 11,981 units during the month of July 2017, as compared to 10,492 units during July 2016.

The Medium and Heavy Commercial Vehicle (M&HCV) sales grew 10.3 per cent in July 2017 with 9026 units sold as against 8182 units during July 2016.

The Light Commercial Vehicle (LVC) business saw a 27.9 per cent growth to 2,955 units in July, this year, as against 2310 units in the same month of last year.

During the three months ending July 2017, the overall