Ashok Leyland Jan sales down by 73.17%

Hinduja Group flagship firm Ashok Leyland today reported a 73.17 per cent decline in commercial vehicles sales in January 2009 at 2,444 units compared with 9,112 units sold in the same month last year.

Domestic sales for the month stood at 2,026 units against 8,477 units in corresponding month last year, down by 76.10 per cent, the company said in a statement.

Exports during the month fell by 34.17 per cent to 418 units compared with 635 units in the same period last year.

The company reported a decline of around 76.29 per cent in total domestic sales of medium and heavy commercial vehicles at 1,977 units compared with 8,341 units in the same month last year.

Domestic light commercial vehicle sales fell by 63.97 per cent to 49 units in January compared with 136 units in the corresponding period last year, while exports of LCVs for the month of January 2009 stood at 12 units compared with 19 units in the same period last year.