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Ashok Leyland reports 9% fall in November sales

Ashok Leyland has reported a fall of 9% in November 2018 sales to 13,121 units, as against 14,457 units sold in the same month of last year. The company reported a fall of 18% in its medium and heavy commercial vehicle (M&HCV) products segment to 8,718 units in November 2018, as compared to 10,638 units sold in November 2017.

The light commercial vehicle (LCV) segment of the company registered sales of 4,403 units in November 2018, a jump of 15%, as compared to 3,819 units sold in November 2017.

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.

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