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Ashok Leyland to observe up to 12 non-working days during November

Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes

Ashok Leyland undertakes cost cutting measures to save Rs 500 crore
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T E Narasimhan Chennai
Ashok Leyland has said that it is proposing to observe up to 12 non-working days during the month of November, in order to align production in line with the market demand for its products.

The commercial vehicle major on October also suspended manufacturing at its various plants for up to 15 days.

Ashok Leyland reported a 50 per cent drop in domestic M&HCV sales in October 2019, to 4,565 units from 9,062 units a year ago. The drop was mainly driven by trucks, whose sales were down 59 per cent, even while bus sales rose by 31 per cent during