Saturday, October 11, 2008

Ashok Leyland Sept Sales Down By 14.5%

10/10/2008 New Delhi,PTI
Hinduja Group flagship company Ashok Leyland on Thursday reported a 14.5 per cent decline in vehicles sales in September, 2008 at 6,186 units compared with 7,241 units in the same month last year.

Domestic sales for the month stood at 5,454 units as compared with 6,761 units in corresponding month last year, down 9.33 per cent, the company said in a statement.

Exports during the month grew by 53 per cent at 732 units as compared with 480 units in the same period last year. The company has reported a decline of around 19 per cent in total domestic sales of medium and heavy commercial vehicles at 5423 units as compared with 6694 units in the same month last year.

Exports of light commercial vehicles for the month of September, 2008 stood at 66 units as compared with 15 units in the same period last year, while the total domestic sales in the segment declined by 53 per cent at 31 units in September as compared with 67 units in the corresponding period last year

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