New Delhi: Hinduja Group flagship, Ashok Leyland on Monday announced that the company will observe non-working days in five plants this month. “We write to inform you that the following are the non-working days at our various plant locations during September 2019, due to continued weak demand for our products,” said Ashok Leyland in a regulatory filing.
Ashok Leyland reported a 28 per cent decline in total sales at 10,927 vehicles in July as against 15,199 units in the same month last year. Total domestic sales were at 10,101 units last month as compared to 14,205 units in July 2018, down 29 per cent, the company said in a statement. Medium and heavy commercial vehicles (M&HCV) sales in domestic market were down 41 per cent at 6,018 units last month as compared to 10,152 units in the year-ago period, it added. Light commercial vehicle sales in July 2019 stood at 4,083 units as compared to 4,053 units in same month last year, the company said.
However, the second largest medium and heavy commercial vehicle (MHCV) manufacturer of India is hopeful that the demand for construction and mining trucks will return on the back of the renewed government spending on road construction projects. According to the filing, Ennore plant will have 16 non-working days, Hosur 1, 2 and CPPS five days, Alwar and Bhandara 10 days and Pantnagar will have 18 non-working days.