Ashok Leyland to halt production for up to 15 days in October
New Delhi: After its sales witnessed a major slump in August and September, commercial vehicles major Ashok Leyland on Friday said non-working days for all its plants may range between two to 15 days in October.
Sales of commercial vehicles have been declining since July and Ashok Leyland, one of the largest manufacturers of commercial vehicles, reported a reduction of at least 50 per cent in its sales numbers in September as compared to the same period in 2018.
"We hereby inform you that to align our production in line sales, the company's plants at various locations will be observing non-working days ranging from 2-15 days during the month of October 2019," Ashok Leyland said in a statement filed with the National Stock Exchange (NSE) on Friday.
The company had been announcing non-working days since August citing continuation of sluggishness and contraction in the commercial vehicle market.
The company maintains that the proposed shutdown is part of “corrective actions” are being taken to safeguard the interests of the company.
The decision by Ashok Leyland came days aer the company released its sales figures for the month of September that reported a 50 per cent drop.
Courtesy: www.deccanherald.com
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Mangaluru: Commuters on the National Highway 66 here are struggling with the traffic problems due to the repair work that are going on since Thursday on the old bridge across River Nethravathi near Ullal.
The National Highway Authority of India (NHAI) has permitted light motor vehicle drivers to use the new bridge on the eastern end, which is a one-way route from Mangaluru to Kerala. To ease the traffic movement on the eastern side of the bridge, the Mangaluru Traffic Police has, on a temporary basis, made it a two-way stretch.
Mangaluru City Police Commissioner Anupam Agrawal, admitted that the slow movement of vehicles on the bridge is on account of the repair work and clarified that the work is expected to continue for 10 days. He also confirmed that the traffic police were regulating and temporarily allowing two-way traffic movement on the eastern side bridge to allow smooth traffic flow especially during peak hours.
The NHAI had also responded to a viral video of a pothole on the NH 66 to highlight the poor state of the roads by getting the pothole filled up. The road users had complained of car tyres bursting and the vehicles getting damaged on account of major potholes on the highway, where iron rods were also seen protruding, leading the NHAI to take action in the matter.
