Wednesday, 27 March 2013

Mahindra replaced Ashok Leyland as No. 2 commercial vehicle maker in India

The Commercial vehicle industry has seen a sharp drop in sales during last year mainly due to slowing of sales in Heavy Duty Commercial Vehicles in India, a major indicator of slowing down of economy. Light Commercial vehicles though still maintain good number of sales with Tata ACE being the leader.

In Medium & Heavy Commercial vehicle segment, Tata Motors still maintains the lead with No. 1 player. Ashok Leyland, has always been at second spot in Commercial vehicle market, but as per the recent figures released by SIAM, Mahindra & Mahindra has replaced Ashok Leyland and has now become No. 2 player in Indian Commercial vehicle market. 

Consider the stats. M&M's April-February tally (including Navistar range as well as Maxximo, Gio, Genio and Bolero pick-up) stands at 1,67,588 units as per SIAM data. ALL's April-February sales, including the Dost LCV, stand at 1,00,592 units. Both do not include exports. When talked with senior officials at Ashok Leyland, they say, we are still No. 2 in Medium & Heavy Commercial vehicle segment. ALL sales does not include Dost Sales which is 30K numbers, since this is a JV product manufactured out of Ashok-Leyland Nissan JV.

A spokesperson for ALL, says its focus, going forward, "will be on expanding and enhancing the M&HCV range while, at the same time, work with JV partner, Nissan Motor Company, to enhance the LCV portfolio," said the company spokesman. "The pace of new product investment has been accelerated to help customers maintain or improve profitability, as they deal with rising fuel costs."


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