Ashok Leyland Ltd. has reported its highest-ever Q1 FY25 commercial vehicle volume, leading to record revenue, EBITDA margins, and profit before tax. Q1 industry volumes were at levels comparable to the previous peak of Q1 FY19. ALL’s Q1 performance has exceeded all expectations, delivering excellent results through focused market performance and cost management,” said Executive Chairman Dheeraj Hinduja. Hinduja expressed[Read More…]
Switch Mobility Ltd (‘Switch’), manufacture of electric bus and light commercial vehicle company, held a groundbreaking ceremony to mark the upcoming creation of its new advanced manufacturing facility in Valladolid, Spain. The ceremony was attended by Raquel Sanchez Jimenez, Hon. Minister for Transport, Mobility and Urban Agenda, Alfonso Fernandez Mañueco, President of the Region of Castilla y León and Oscar[Read More…]
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