After severing ties by exiting the joint ventures established few years ago, Ashok Leyland and Nissan are said to be renewing ties. They are claimed to be in the process of signing a new restructuring agreement, which will enable both companies to enter into a new phase of business interaction. As per the new agreement, Nissan would agree to sell[Read More…]
Registering a 39 per cent increase in turnover at Rs.18,882 crore as against Rs.13,562 crore turnover the year before, Ashok Leyland has hinted at some very interesting products it is looking to introduce later this year. Expecting the positive growth momentum to continue, the company is looking at 15 per cent growth in FY2016-17 according to Vinod K. Dasari, MD,[Read More…]
Ashok Leyland has bagged orders for 3600 buses from various State Transport Undertakings. The company is looking at executing the orders promptly in this fiscal. Increasing its market share in India’s bus market from 33.2 per cent in the last quarter of the last fiscal to 35.9 per cent in the first quarter of current fiscal, the company, according[Read More…]
Hinduja Group flagship Ashok Leyland reported a 16.68 per cent increase in total sales,with 9,804 units sold in October, as against 8,402 for the same month last year, as per a BSE filing. Figures revealed a 22.36 per cent jump in sales of the medium and heavy commercial vehicles. The sales compounded to 7,177 units in October this year, compared[Read More…]
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Intact Goals 
