Sales slump continues; Tata Motors & Ashok Leyland shuts down factories temporarily. Tata Motors closes Uttarakhand plant for two days for effective productivity. Ashok Leyland will close its Pantnagar plant for 12 working days. Demand in the Commercial Vehicle sector witnesses a huge drop. Poor cargo availability, manufacturing slowdown, and falling freight rates resulted in the slump. In June, CV sales were down 12% while medium & heavy-duty trucks reported 19% decline.
