Old and New
The objectives of the policy are to provide a boost to the economy through increased sales, reduce pollution because older vehicles are presumed to emit more toxic fumes and improve the fuel-efficiency of vehicles allowed on the roads.
Commercial vehicle major Ashok Leyland Ltd on Friday announced that its total sales fell by 35 per cent year-over-year (YOY) at 9,857 units in October 2019 vs. 15,149 units in same month 2018.
In a statement issued here, the company said it had logged a total domestic sale at 9,074 units as compared to 14,341 units sold in October 2018.
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Ashok Leyland Ltd is currently trading at Rs 87.45 low by Rs1.95 or 2.18 per cent from its previous closing of Rs 89.4 on the BSE.
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(With input from agencies)
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