Ashok Leyland maintains leadership in heavy-duty buses in FY2019

Backed by sustained demand from private fleet operators and the bulk orders by various state transport undertakings (STUs), the heavy-duty bus segment – 7.5 tonnes and above – which declined in FY2018 by a substantial 25 percent has rebounded in FY2019 with a growth of 10 percent with sales of 39,612 units. (FY17-18: 36,117)   

This segment is largely dominated by two large domestic players – Ashok Leyland and Tata Motors – who have a combined market share of 78 percent. Ashok Leyland once again maintains its leadership with an overall market share of 41.2 percent. The company has ...