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Ashok Leyland, a commercial vehicle manufacturer, reported a 7% decline in total vehicle sales, including exports, for January, amounting to 15,939 units. In the corresponding period of the previous year, the company had sold 17,200 units, as stated in a press release.
Tata Motors reports highest passenger vehicle sales in 9 years — Maruti, Ashok Leyland, outperform street expectations Tata Motors reports highest passenger vehicle sales in 9 years — Maruti, Ashok Leyland, outperform street expectations Navdeep YadavMar 1, 2021, 15:12 IST BCCL The actual numbers in the case of Maruti and Ashok Leyland have outperformed the street estimates. However, it failed to meet the expectations for Bajaj Auto. The country's largest carmaker Maruti Suzuki India reported a 11.8% increase in wholesales to 1.64 lakh units in February. Despite the two-wheelers segment being under pressure, Bajaj Auto saw its two-wheeler sales up 7% compared to the same period last year. Check out the latest news and updates on Business Insider.Indian auto-manufacturers reported a mixed bag of sales in February as the slowing demand and supply chain constraints continued to keep two-wheeler sales under pressure.
Read more about Ashok Leyland tanks 8% to Rs 124.10 after Rs 19 crore Q3 net loss on Business Standard. The company had reported a net profit of Rs 28 crore in October-December quarter of 2019-20