SML Isuzu saw a good improvement in sales on a sequential basis but sales are still down on a year on year basis. For the month of March sales came in at 1,770 units compared to 965 units in February.
Talking about the robust sales for March Gopal Bansal, Wholetime Director, SML Isuzu told CNBC-TV18 that in the earlier months there was shortage of production and supply of vehicles in the market due to various reasons like shifting from BS III to BS IV etc. However, month of March saaw sufficient production and sales. The beginning of school bus segment also helped sales, said Bansal.
The other segment of cargo where the company has introduced new series of trucks will be available to customers by May, said Bansal. So, not sure if the sales number reported in March will be sustainable going forward but would be more clear post May, he said.
Auto industry will benefit from operating leverage ones volumes go up, he said.
(Edited by : Sanjeeban Sarkar)
First Published: Apr 6, 2018 11:51 AM IST