Tata Motors and Ashok Leyland report strong CV sales growth
after close1 source ↓written by the desknot a recommendation
- Motors reported
- 17% sales increase
- totaling
- 47,976 units
- Leyland's sales grew
- 5%
- 25,381 units
The auto sector saw robust retail momentum in March, with domestic CV wholesales up over 10% YoY. Tata Motors reported a 17% sales increase, totaling 47,976 units, while Ashok Leyland's sales grew 5% to 25,381 units. However, concerns arise over potential oil shocks impacting future growth.
Not investment advice. For informational purposes only.