Ashok Leyland's concerns over falling commercial vehical sales rose for June as numbers declined 4.63% to 8,009 units on a year-on-year basis. Vinod Dasari, managing director of Ashok Leyland said rise in retail interest rates have affected the demand of heavy vehicles and the company is, therefore, planning to hike rates by 1-2% ver soon.
first published: Jul 7, 2011 11:07 am
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