M&HCVs wholesale volumes increase 43%, LCVs 27% YoY
In the M&HCV goods tonnage grew 54% YoY to 10.1mt and is now 15% higher than the FY19 peak tonnage. In the MHCV market, Ashok Leyland (AL) experienced a significant recovery, gaining 470 bp to reach 31.8% market share.
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