Ashok Leyland, the commercial vehicle manufacturer, has reported a fall of 30% in April 2017 sales to 7,083 units, as against 10,182 units sold in the same period of last year. The company has experienced a drop of 43% in its medium and heavy commercial vehicle (M&HCV) products segment to 4,525 units in April 2017, as compared to 7,873 units in April 2016. Light commercial vehicle (LCV) segment of the company registered sales of 2,558 units in April 2017 as against 2,309 units in April 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.
