Ashok Leyland has reported a fall of 47% in August 2019 sales (Domestic + Exports) to 9231 units, as against 17,386 units sold in the same month of last year. The company reported a decline of 59% in its medium and heavy commercial vehicle (M&HCV) products segment to 5349 units in August 2019, as compared to 13,158 units sold in August 2018.
The light commercial vehicle (LCV) segment of the company registered sales of 3882 units in August 2019, a fall of 8%, as compared to 4228 units sold in August 2018.
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.