Ashok Leyland reports 6% fall in August sales

Ashok Leyland, the commercial vehicle manufacturer, has reported 6% decline in its total sales to 10,897 units in August 2016 as compared to 11,544 units sold in the same period of last year. The company has experienced 8% decline in its sales of medium and heavy commercial vehicle (M&HCV) to 8,201 units in August 2016 as compared to 8,903 units in August 2015. However, Light commercial vehicle (LCV) segment registered 2% growth in sales to 2,696 units in August 2016 as compared to 2,641 units in August 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.