Ashok Leyland Ltd. (ALL) has reported a 73% decline in its sales in January 2009, at 2,444 units, as compared to 9,112 units sold in January 2008. However, the company’s January sales were up 6% on the 2,307 units it sold in December 2008.
ALL produced 1,170 vehicles in January this year, compared to 960 units in December 2008. However, exports dropped to 418 vehicles in January this year, compared to 901 units in December 2008 and 635 units in January 2008.
During April 2008-January 2009 period, ALL’s total sales dropped to 46,087 units, compared to 65,110 units in the year-ago period.Read More