Diabytes
Ashok Leyland News
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Deliveries of the country's first-ever LNG-powered haulage truck - Ashok Leyland AVTR 1992, are now started, and here's what's special about it.
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The Ashok Leyland 1922 18.5T 4x2 truck is now launched with CNG powertrain in India, and it comes with multiple CNG tank options to deliver a range of over 1,150 km.
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Total sales of medium, heavy, and light commercial vehicles sold in March in the domestic market grew by 23 percent.
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Switch Mobility recently delivered its first Switch EiV22 electric double decker AC bus to Brihanmumbai Electricity Supply and Transport (BEST) for public transport. Mumbai is the only city in India which has twin-deck buses in operations and the 66-seater electric buses will become first-in-India electric double decker buses.
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Switch Mobility has unveiled EiV 12 electric bus platform for India
Consists of low floor and standard electric buses
Can go upto 500 km with dual gun charger and 300 km on standard charging
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The company has taken a series of initiatives for sustainable growth.
The long-term outlook for the commercial vehicle sector continues to remain positive amid the pandemic.
The company was also ready with in-house developed new light commercial vehicle range but the launch was deferred due to the virus outbreak.
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The company had sold a total of 13,626 units in the domestic and export markets in April 2019, Ashok Leyland said in a statement.
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Ashok Leyland will observe 16 non-working in Ennore, 5 non-working days in Hosur 1,2 and CPPS, 10 non-working days in Alwar, 10 non-working days in Bhandara and 18 non-working days in Pantnagar.
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The company had posted standalone net profit of Rs 111.23 crore in the same quarter last fiscal, Ashoky Leyland said in a BSE filing.
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It has multi-year contracts with OEMs like Mahindra & Mahindra, Ashok Leyland, Eicher Motors, Tata Motors, MAN of Germany and Scania of Sweden, Kamat said, adding that the group employs over 1,100 people.
The brisk discount sales and incentives that commercial vehicle makers offered on BS-III units to meet the Supreme Court-set April 1 deadline would cost them Rs 2,500 crore, says a report.
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Marking an end to their 8-year-old partnership, Ashok Leyland and Nissan Motor Co Wednesday agreed to part ways with the Japanese partner agreeing to sell its stake in three joint ventures to the Indian partner.
Hinduja Group flagship Ashok Leyland will be setting up a bus assembly plant in Kenya with an investment of Rs 70 crore as part of its global expansion plans.
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Hinduja Group flagship company Ashok Leyland today reported a 31 percent increase in total sales at 16,702 units in March 2016, as against 12,754 units in the same month last year.
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Hinduja group flagship firm Ashok Leyland today sold shares worth Rs 299 crore in IndusInd Bank through an open market transaction.
Hinduja group flagship firm Ashok Leyland Wednesday unveiled four vehicles, of which two will be launched in India in the next financial year.
The sales of medium and heavy commercial vehicles jumped 21 percent to 6,297 units
Shares of Ashok Leyland today settled for the day with gains of nearly 4 percent, following which the market capitalisation of the company improved by Rs 981 crore after the company bagged USD 200 million order deal.
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As one of the strategies to garner higher market share in the bus segment in the south and to take on Ashok Leyland Ltd, commercial vehicle major Tata Motors Ltd on Friday came out with BusZone, an exclusive dealership for buses.
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