Ashok Leyland, a leading Indian commercial vehicle manufacturer, reported an 8% year-on-year increase in total vehicle sales for January, reaching 17,213 units compared to 15,939 units in the same month last year. The company also announced a price increase of up to 3% on its entire commercial vehicle range, effective January 2025, citing inflation and higher commodity prices.

Ashok Leyland's medium and heavy commercial vehicle sales rose to 11,384 units in January, up from 10,218 units in January of the previous year. Sales of light commercial vehicles reached 5,829 units last month, a slight increase from 5,721 units in January of the previous fiscal year.

Ashok Leyland's price hike
The company stated that the price increase will vary depending on the specific model and variant, but all products will be affected.

Ashok Leyland attributed the price hike to inflation and increased commodity costs. The company believes this adjustment will partially offset the impact of higher input costs.

“Inflation and higher commodity prices have necessitated this price increase. This move will help mitigate a part of the input cost impact,” stated the company.

Ashok Leyland affirmed its commitment to innovation, operational efficiency, excellence, and sustainability within the commercial vehicle sector.