Ashok Leyland has restored its weekly production to 5 days at its plants as the demand enters the auto market. ALL had cut down its production to only 3 days a week i.e. only 12 days per month due to the global meltdown and negative market sentiments hitting the auto sector badly.
Indian auto market witnessed a healthy growth in February as compared to weak sentiments prevailing since past 8 months. ALL witnessed a growth of 33 percent in its sales last month as compared to January sales figures. However, the overall growth was 57 percent less than the sales recorded in February 2008. Ashok Leyland sold 2444 and 3245 in January and February 2009 respectively.
The ALL company officials also stated that the inventory levels are also under control and at healthy levels as compared to unusually high 9000 units in December 2008. “Our suppliers have also been happy to cater to our increased production now and have not reported any constraint.”
