Ashok Leyland February sales 57 percent down

By IANS,

Chennai : Commercial vehicles manufacturer Ashok Leyland Wednesday reported 57 percent year-on-year fall in its February sales.

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The company sold 3,245 units (domestic 2,669 and exports 576) last month, compared to 7,501 units (domestic 6,824 units and exports 677 units) in February 2008, an official statement said.

Production also went down sharply to 2,028 units in February 2009 from 8,218 units a year ago, it added.

However, the February sales are 33 percent higher than January figures. Ashok Leyland produced 1,170 units and sold 2,444 vehicles in January 2009.

During the April-February period of 2008-09, the company produced 50,491 units and sold 49,332 units, the statement said.