>> Friday, November 7, 2008
"Demand for commercial vehicles has fallen owing to inadequate funds for buyers and high interest costs"
India’s second largest maker of trucks, buses and other commercial vehicles by sales, Ashok Leyland Ltd has decided to halve the number of days its factories will produce vehicles to three a week, a day after its bigger rival, Tata Motors Ltd announced a three-day shutdown at its Jamshedpur unit to keep inventory levels in check.
Source: - Livemint
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