Ashok Leyland has reported a fall of 37% in February 2020 sales (Domestic + Exports) to 11,475 units, as against 18,254 units sold in the same month of last year. The company reported a decline of 45% in its medium and heavy commercial vehicle (M&HCV) products segment to 7,368 units in February 2020, as compared to 13,291 units sold in February 2019.
The light commercial vehicle (LCV) segment of the company registered sales of 4,107 units in February 2020, a fall of 17%, as compared to 4,954 units sold in February 2019.
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.
