Weak Demand: Ashok Leyland announces total 59 non-working days at its various plants

Biznextindia : Despite several measures by the government to lift the consumer sentiment, the Automobile Industry continues to face weak demand situation. Due to weak demand leading heavy vehicle manufacturer Ashok Leyland has announced non-working days at its various plants for the month of September.  While the Pantnagar plant has maximum 18 days of non-working days, the Ennore plant has 16 days of non-working days. Similarly, Bhandara and Alwar plants have 10 non-working days each, Hosur 1,2 and CPPS plant has  5 non-working days.

For the month of August, Ashok Leyland’s overall sales have almost halved to 9231 units against Rs.17386 units in August 2018. Domestic sales has dropped by 50 percent to 8296 units from 16628 units in August 2018. Its cumulative sales in the April-August period has dropped by 20 percent to 59766 from 74713 in the corresponding period last fiscal. Domestic sales, during the 5 months has dropped by  18 percent to 56401 units.