Ashok Leyland has reported a 19 per cent drop in sales in December at 7,299 units, compared with 9,048 units in the previous year. While the light commercial vehicles (LCVs) posted a 88 per cent growth, commercial car sales dropped 34 per cent. LCV Dost reported a sales of 2,069 units, compared with 1,099 units in the previous year. Commercial vehicle sales dropped to 5,230 units from 7,949 units in December 2011.
April to December 2012 sales rose to 79,990 units from 66,321 units, an increase of around 21 per cent. Commercial vehicle sales dropped by 12 per cent. LCV sales stood at 23,898 units as compared to 2,700 units.
After they together paid Rs 12 lakh to settle charges related to alleged delay in amending insider trading norms