Ashok Leyland April sale report
Commercial vehicles major's 7,961 units were sold in the domestic market.
Commercial vehicles major's 7,961 units were sold in the domestic market.
In November 2014, Ashok Leyland had sold 38 percent stake in Hinduja Tech (HTL) to Nissan International Holdings BV,.
Before joining Hinduja Group, Palmer has led transformations at two of the global vehicle brands, Nissan and Aston Martin.
The company had sold a total of 13,626 units in the domestic and export markets in April 2019.
Ashok Leyland said it is difficult for the industry to reboot even in a phased manner due to disruptions in supply chain.
Hinduja said LCV's share in achieving that target will also be major.
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.
According to reports, Ennore plant in Chennai will have 16 non-working days, Hosur 1, 2 and CPPS five days, Alwar and Bhandara Maharashtra 10 days and Pantnagar UP will have 18 non-working days.
In a statement issued here, the company said that it sold a total of 9,231 units in August, down from 17,386 units sold during the corresponding month in 2018.
He will join the group by December 2019 from JCB, where he is currently MD and CEO India, South East Asia and Pacific, and a member of the global executive leadership team, Hinduja Group said in a statement.
