Ashok Leyland records 20% drop in December sales at 15,493 units

Hinduja Group flagship Ashok Leyland on Wednesday reported massive drop of 20 per cent in its overall sales at 15,493 units in December 2018 majorly due poor performance of M&HCV segment. 

The commercial vehicle major dispatched 19,251 units in December 2017, Ashok Leyland said in a release. 

Due muted consumer demand the sales of M&HCVs fall sharply by 29 per cent at 11,295 units in December 2018 as compared to 15,948 units in the year-ago month.

The LCV segment, however, witnessed a growth of 27 per cent at 4,198 units during month under review against 3,303 units in December 2017.

Cummulative sales during April-December 2018 period also jumped 19 per cent at 137,848 units. 

 

(Agencies)