Ashok Leyland Nov vehicle sales disappointing
Ashok Leyland Ltd, India’s No. 2 bus and truck maker, said its sales figures were affected by logistical difficulties, a top company official said.
“November numbers could be a bit disappointing,” Managing Director R. Seshasayee told reporters at the World Economic Forum India Summit. The company is scheduled to report its November sales later this week.
Leyland, which has about 30 per cent of a market that Tata Motors Ltd dominates, has seen sales slip in the last three months on the back of higher interest rates.
Seshasayee had told Reuters recently he expected to see truck sales revive from January.
