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ashok leyland

India’s CV market to hit new peak in FY24, outlook strong: Ashok Leyland

by Adesola Mojo
India’s CV market to hit new peak in FY24, outlook strong: Ashok Leyland

India’s commercial vehicle (CV) market may hit a new peak by the end of 2023-24 and continue to advance at a brisk pace next fiscal amid robust demand from construction, …

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Categories Automobile

Ashok Leyland to invest Rs 1,200 crore in EV arm Switch Mobility: Details

by Adesola Mojo
Ashok Leyland to invest Rs 1,200 crore in EV arm Switch Mobility: Details

Ashok Leyland’s Board of Directors has greenlit a Rs 1200 crore investment in Switch Mobility through its holding company, Optare PLC UK. The approved funds will cater to capital expenditure, …

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Categories Automobile

ashok leyland: Ashok Leyland to invest Rs 1,200 crore in Switch Mobility

by Adesola Mojo
ashok leyland: Ashok Leyland to invest Rs 1,200 crore in Switch Mobility

Mumbai, Ashok Leyland on Thursday said its board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditure, R&D and meeting operational requirements …

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Categories Automobile

Festive demand drives passenger vehicle dispatches to record high in October

by Adesola Mojo
Festive demand drives passenger vehicle dispatches to record high in October

Sales of cars, sedans and utility vehicles in the local market rose in strong double-digits to record levels last month with automakers ramping up dispatches from factories to meet robust …

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Categories Automobile

ashok leyland: Ashok Leyland strengthens LVC presence by driving in West Bengal

by Adesola Mojo
ashok leyland: Ashok Leyland strengthens LVC presence by driving in West Bengal

Ashok Leyland on Thursday announced its plans to strengthen its LCV presence in Eastern India with a particular focus on West Bengal, said the company through a statement. The company …

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Categories Automobile

Automakers bet on more than just AI to make automobiles ‘gadget-like’

by Adesola Mojo
Automakers bet on more than just AI to make automobiles ‘gadget-like’

Chennai: It is not just AI, automakers are getting big on a number of technologies to make automobiles gadget-like, industry experts told ET. “The mix of 5G, cloud, and edge …

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Categories Automobile

Ashok Leyland expects 20% revenue from exports in next 5 years: Dheeraj Hinduja

by Adesola Mojo
Ashok Leyland expects 20% revenue from exports in next 5 years: Dheeraj Hinduja

London: Hinduja group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive Chairman Dheeraj Hinduja. …

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Categories Automobile

Ashok Leyland: Ashok Leyland bags order for 1,282 buses from Gujarat state road transport corp

by Adesola Mojo
Ashok Leyland: Ashok Leyland bags order for 1,282 buses from Gujarat state road transport corp

Commercial vehicle manufacturer Ashok Leyland on Friday announced it has bagged an order for 1,282 fully built buses from Gujarat State Road Transport Corporation (GSRTC). “This order, one of the …

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Categories Automobile

fada: Auto dealers’ satisfaction improves; viability, policy concerns remain: FADA

by Adesola Mojo
fada: Auto dealers’ satisfaction improves; viability, policy concerns remain: FADA

The overall satisfaction of automobile dealers with regards to their relationship with manufacturers has improved but dealer viability and policy issues remain major concerns, Federation of Automobile Dealers Associations said …

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Categories Automobile

Ashok Leyland: Ashok Leyland, Uttar Pradesh govt to set up commercial vehicle, e-bus plant

by Adesola Mojo
Ashok Leyland: Ashok Leyland, Uttar Pradesh govt to set up commercial vehicle, e-bus plant

Lucknow: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer on Friday signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government …

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Categories Automobile
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