Ashok Leyland’s June CV despatches Up 3% On Strong Bus Sales; Truck Volumes Dip

Ashok Leyland Ltd.'s commercial vehicle despatches rose 3% on year to 15,333 units in June, driven by strong bus sales. However, domestic wholesale sales dropped 1% on weak truck volumes. Medium-heavy truck sales fell 11% to 6,657 units overall, and 12% in India to 6,554 units.

Bus sales rose 56% on year to 3,172 units, including a 42% increase in domestic sales. Light commercial vehicle despatches in India rose 2% to 5,315 units, with total LCV sales up 2% at 5,504 units.