Page 5 - Ashok Leyland Auto

Ashok Leyland's auto sales jump 11% to 13,126 units in January

Hinduja group flagship firm Ashok Leyland on Monday reported an 11 per cent increase in total vehicles sales at 13,126 units in January. The company had sold 11,850 units in the corresponding month a year ago, Ashok Leyland said in a regulatory filing. Total domestic vehicles sales stood at 12,359 units in January against 10,850 units in the year-ago period, registering an increase of 14 per cent. Medium and heavy commercial vehicles (M&HCV) sales in the domestic market were down 2 per cent at 6,839 units last month as compared with 6,949 units in the year-ago month, it added. Light commercial vehicle sales in the domestic last month stood at 5,520 units as compared with 3,901 units in January 2020, up 42 per cent, the company said.

Ashok Leyland trucks sales up 56% in December, bus sales drop 90%

Total vehicles sales rose by around 14 per cent to 11,857 units from 10,378 units

Ashok Leyland shares near 52-week high, surge 61% in 2 months

Analysts expect a gradual revival by the end of FY21, led by a low base, replacement demand and pick-up in economic activity

Ashok Leyland slips into red, reports Rs 72 cr pre-tax loss in Q4

Auto major has posted Rs 806 cr profit in year-ago quarter

Hinduja Group shares trade weak; IndusInd Bank, Ashok Leyland slip up to 4%

The legal battle in the Hinduja family, which could result in a partition of family assets, is likely to delay their plan to increase stake in IndusInd Bank

Large stimulus critical for re-starting economic engine: MD, Ashok Leyland

Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi

Nifty Auto hits 6-year low; Maruti tumbles 11%, Ashok Leyland plunges 19%

Post the coronavirus outbreak, the correction in the auto index is now closer to that witnessed during the 2008 Global Financial Crisis (GFC) period, said HDFC Securities

Coronavirus outbreak to have no impact on BS-VI transition: Ashok Leyland

The company, which is one of the leading players in the commercial vehicle segment, said its BS-IV inventory would be exhausted by the end of this month

Daimler India rides on BS-VI line up for higher market share in 2020

Daimler India is taking on rivals Tata Motors and Ashok Leyland with its BS-VI line of vehicles

Ashok Leyland inks two-year deal with YES Bank for vehicle financing

The companies have inked a memorandum of understanding (MoU) regarding the partnership

Ashok Leyland M&HCV sales decline 55% in November; bus sales up 196%

The company's total sales dropped to 5,321 units in November 2019, from 8,260 units a year earlier

Ashok Leyland bags order for 1,750 buses from Tamil Nadu State Transport

Ashok Leyland is currently India's largest and the world's fourth largest bus manufacturer

Ashok Leyland cracks 6% as truck sales plunge in August

It sold 3,336 units of M&HCV trucks in August as compared to 11,135 units, a year ago.

Ashok Leyland slips 12%, hits over 5-year low on weak outlook

The stock of the commercial vehicle company was trading at its lowest level since February 10, 2015, when it had touched Rs 56 per share in the intra-day trade.

Ashok Leyland dips 4% on closing Pantnagar plant due to weak demand

Lack of demand due to illiquid market and weak consumption appetite led to steep fall in auto-sales

Ashok Leyland, Bajaj Auto gain; Maruti Suzuki falls post August sales

Eicher Motors, Tata Motors, TVS Motor Company, Hero MotoCorp and M&M were up 1% on the NSE.