Business Standard

Ashok Leyland: Sales of domestic trucks down 4%

Total vehicles sales in the domestic market during the month grew one per cent to 17,352 units in February 2019

Ashok Leyland
Premium

Despite the poor performance, most brokerages have a positive view on Ashok Leyland

T E Narasimhan Chennai
Ashok Leyland has reported a two per cent drop in medium and heavy commercial vehicle (M&HCV) domestic sales in February 2019 at 12,621 units as compared to 12,874 units, a year ago. 

While trucks dropped by four per cent to 11,117 units from 11,577, the bus segment grew by 16 per cent to 1,504 units from 1,297 units.

Light commercial vehicles grew nine per cent to 4,731 units from 4,339 units, a year ago.

Total vehicles sales in the domestic market during the month grew one per cent to 17,352 units in February 2019 from 17,213 units in February 2018.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in