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Indian-Commodity  :  Corporate  :  Ashok Leyland's July sales decline 5%

Ashok Leyland's July sales decline 5% (01-Aug-2016)

Ashok Leyland has reported a fall of 5% in July 2016 sales to 10,492 units, as against 11,054 units sold in the same period of last year. The company's sales under medium and heavy commercial vehicle (M&HCV) products segment declined by 7% to 8,182 units, as against 8,835 units sold in corresponding month previous year. However, under the Light commercial vehicle (LCV) products segment, the company registered a sales growth of 4% to 2,310 units as compared to 2,219 units sold in July 2015.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company's products include buses, trucks, engines, defense and special vehicles.

 


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