The commercial vehicle (CV) industry remained impacted in FY22 and the initial period of FY23 due to a combination of adverse economic factors. H2FY23 saw stability in the market leading to improved sentiments. While Ashok Leyland (AL) saw an impact on its market shares and profitability in the early turmoil period, the team quickly rejigged its product-market efforts, revamped the customer orientation and was able to realise the high aspirations that were set.