China sales fall 43% in March; industry sees 2nd-half recovery

BEIJING — Vehicle income in China plunged forty three percentĀ in March, details launched on Friday showed, as the world’s major gentle-car sector struggles to get into equipment pursuing a extended need slump that has been exacerbated by the coronavirus outbreak.

Light-car deliveries have now declined 21 consecutive months, but the newest fall was less steep than February, when volume plunged seventy nine percentĀ as the coronavirus outbreak curbed need.

Profits fell by 1.forty three million vehicles from the exact month a yr previously, in accordance to details from the China Association of Car Makers, the country’s largest vehicle marketplace

Read More

Ashok Leyland sales tank 90% in March at 2,179 units, FY20 sales down 37%, Auto News, ET Auto

The cumulative sales of M&HCV dropped by 45 percent 78,607 units in FY'20, sales of LCV registered a decline of 14 percent at 46,646 units in the same period.
The cumulative product sales of M&HCV dropped by forty five per cent 78,607 models in FY’20, product sales of LCV registered a drop of fourteen per cent at forty six,646 models in the exact period.

New Delhi: Hinduja Team flagship enterprise Ashok Leyland on Monday documented a 90 per cent drop in total product sales at two,179 models for March 2020, as against 21,535 models in the exact thirty day period past calendar year.

Sales for its medium and large industrial cars (M&HCV) dropped by 89 per cent at one,831 models in March as against sixteen,034 models in the calendar

Read More