The Indian Commercial vehicle business has seen so much positive and negative events during the past 12 months because of declining sale facts in the mid and heavy truck array, whilst an augmentation in the pick-up assortment.
And as they one’s loss is the other’s benefit, so this has taken the Indian automobile giant Mahindra & Mahindra at the second position putting back the Ashok Leyland.
As per SIAM facts, Mahindra & Mahindra’s sale facts remained at 1,67,588 vehicle units during April 2012 to February 2013, whilst Ashok Leyland could manage to sell 1,00,592 vehicle units in the same period.
While commenting on the same, Ashok Leyland’s representative stated, “Ashok Leyland is still the second biggest boasting a market share of 26.1 per cent in that segment,” Ashok Leyland doesn’t comprise ‘Dost’ in its sale facts count as it’s a joint venture product, a total 30,592 vehicle units of Dost got sold during the April-Feb period.
The medium and heavy commercial vehicle range in the Indian market has witnessed a big decline in the existing fiscl year.
Commercial vehicles dropped 22% during the April-Feb phase with the 25.2-31.3 tonne multi-axle vehicle and 30-49 tonner multi-axle trailers registering the major decline in sales.
Sales in these two sections dropped around 27 per cent each.
Whilst M&M is in front in big CVs owing to its pick-up numbers, Ashok Leyland is superior in medium and heavy commercial vehicle assortment.