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.
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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