Meanwhile, its medium and heavy commercial vehicle (MHCV) sales continue to languish. MHCV sales dropped 52% last month, though the pace of decline moderated from earlier months. View Full Image Gaining ShareMHCV is a large business for Ashok Leyland and accounted for about three-fourths of its sales until FY19. The share of small trucks in Ashok Leyland’s domestic sales has risen steadily, touching 39% last fiscal, up from 28% in FY15. The newly-launched Bada Dost with higher load capacity will help Ashok Leyland capture the growing demand for LCVs, say analysts.

Source: Mint September 15, 2020 08:03 UTC