Ashok Leyland, the commercial vehicle manufacturer, has reported 18% decline in its total sales to 12,057 units in September 2016 as compared to 14,783 units sold in the same period of last year. The company has experienced 26% decline in its sales of medium and heavy commercial vehicle (M&HCV) to 8,963 units in September 2016 as compared to 12,146 units in September 2015. However, Light commercial vehicle (LCV) segment registered 17% growth in sales to 3,094 units in September 2016 as compared to 2,637 units in September 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.