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Growth, valuations support Ashok Leyland as competition rises in industry

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Photograph: PTI Photo from the......

From Ashok Leyland to VECV, busmakers' sales entered the fast lane in 2023

The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement. Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in......

Price hikes, lower input costs to aid auto firms' Q1

Auto industry volumes have grown by 2.5 per cent overall, led by domestic sales of three-wheelers, two-wheelers and passenger vehicles (PVs) in the first quarter of this financial year.......

After record sales in FY23, auto companies expect demand to mute

'In FY23, PV sales are expected to end the year at a record 3.8 million units, up 26 per cent. In FY24, however, the industry is expecting 5-7 per cent volume growth' Kindly note the image has......

Commercial vehicle sales may grow 9-11% in FY24

Domestic commercial vehicle sales volume is expected to grow 9-11 per cent in FY24 driven by medium and heavy commercial vehicles and an estimated economic growth of around 6 per cent, rating......

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Mhcv

News for Mhcv

Growth, valuations support Ashok Leyland as competition rises in industry

From Ashok Leyland to VECV, busmakers' sales entered the fast lane in 2023

Price hikes, lower input costs to aid auto firms' Q1

After record sales in FY23, auto companies expect demand to mute

Commercial vehicle sales may grow 9-11% in FY24

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