Companies

Ashok Leyland posts 18.4% dip in sales

PTI Chennai | Updated on January 16, 2018 Published on October 01, 2016

ashok

Hinduja Group’s heavy commercial vehicle maker Ashok Leyland has posted 18.4 per cent decline in sales in September.

The Chennai-based company had sold 12,057 units in September 2016 against 14,783 units during the same month last year.

Sales of light commercial vehicles, however, grew 17 per cent to 3,094 in September from 2,637 units sold during the same month last year.

Medium and heavy commercial vehicle sales dipped by 26 per cent to 8,963 units from 12,146 units.

Total sales during the last six months ending September 30, 2016 marginally dipped to 64,611 units from 65,535 units sold during the same period last year.

Sales of light commercial vehicles during April-September 2016 period grew to 15,238 units from 14,198 units sold the during same period last year.

Medium and heavy commercial vehicles sales fell four per cent to 49,373 units from 51,337 units.

Published on October 01, 2016
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