Ashok Leyland reports 8.73 pc dip in sales in May

Tags: Companies
Hinduja Group company Ashok Leyland has reported a 8.73 per cent decline in total sales in May 2014, selling 6,632 units.

The city-based commercial vehicle maker had sold 7,267 units during the same month of the previous year, a company statement said.

For the period April-May 2014, total sales declined by 15 per cent to 12,529 units from 14,754 units sold during the same period of the previous year.

Sales of medium and heavy commercial vehicles in May 2014 marginally dipped to 4,884 units as against 4,932 units sold during the corresponding month of the previous year.

Sales of Medium and Heavy Commercial vehicles in April-May 2014 declined to 9,407 units from 10,183 units sold during the same period of the previous year, the company said.

However, sales of Light Commercial Vehicles witnessed a 25.1 per cent decline in May 2014 to 1,748 units from 2,335 units sold during the same month of previous year.

For the period April-May 2014, sales of LCVs slipped to 31.6 per cent to 3,122 units from 4,571 units sold during the corresponding period of the previous year, the statement added.

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