Commercial vehicles sales down in April-Dec

Commercial vehicles sales down in April-Dec

NEW DELHI, JAN 28: Declining sales of market leader Tata Engineering (Telco) and Ashok Leyland in the medium and heavy (M&H) segment pulled commercial vehicles sales down by 13.4% in the current financial year.

Telco continued to dominate the light commercial vehicle sgment with sales of 27,579 units during April-December 2000-01, up 8%, over 25,543 units in the year-ago period.

Sales of Eicher Motors, which has also announced plans to enter the heavy commercial vehicles segment, went up by 24.5% to 5,677 units against 4,558 units in the year-on-year period.

Swaraj Mazda recorded a 38.1% growth in sales at 3,553 units in the first nine months of the current fiscal against 2,571 units in the corresponding period of the previous fiscal. Sales of Ashok Leyland stood at 318 vehicles in thereview period, up 36.4 per cent over 233 units sold in the same period last year.

Pune-based Bajaj Tempo' sales, however, fell by 30.7% to 2,298 units during April-December 2000-01 against 3,318 vehicles sold in the same period last year. Mahindra and Mahindra sold 4,575 units, down 4.1% over 4,775 units sold in the year-ago period.