Hinduja flagship firm Ashok Leyland on Friday said it has delivered the first lot of light bulletproof vehicles to the Indian Air Force in collaboration with Lockheed Martin.
Hinduja flagship firm Ashok Leyland on Friday launched its 4-axle, 14-wheeler truck - AVTR 4120 - with the capacity of 40.5-tonne gross vehicle weight.
Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle sector which has been facing headwinds for quite some time now
The company had sold 21,535 units in the same month last year, Ashok Leyland said in a regulatory filing. Total domestic vehicles sales stood at 1,787 units in March against 20,521 units in the year-ago period, registering a decline of 91 per cent.
Hinduja Group's Ashok Leyland on Monday said that it has become the world's third-largest bus maker. Company's claim was based on the latest figures released by SIAM, OICA and IHS Markit. Ashok Leyland sold a total of 23,100 buses in 2019, the company said in a press release.
Hinduja group flagship firm Ashok Leyland on Tuesday said it has inked a pact with Yes Bank for vehicle finance for a period of two years. The companies have inked a memorandum of understanding (MoU) regarding the partnership.
Hinduja Group flagship Ashok Leyland on Wednesday said the company proposes to observe non-working days in a few plants in December to align production at its facilities in line with market demand.
The scrip which tanked 7 per cent to Rs 71.20 during the day, later bounced back and closed with a gain of 3.46 per cent at Rs 79.25 on the BSE.
According to him, in the new markets, the company will have a local partner as there will be tax concessions.
Commercial vehicle major Ashok Leyland Ltd on Friday said it had sold a total of 9,857 units in October.
Commercial vehicle major Ashok Leyland on Friday said it will suspend manufacturing at its various plants for up to 15 days this month in order to adjust production to market demand.
Hinduja Group flagship firm Ashok Leyland on Monday announced non-working days at its various manufacturing facilities following weak demand. "Following are the non-working days at our various plant locations during September 2019 due to continued weak demand for our products", the company said in a BSE filing.
This comes after the slowdown in market hitting Medium & Heavy Commercial Vehicle (M&HCV) sales by 70 per cent in August 2019. The Chennai-headquartered automaker has seen almost 10 days of no-production during last month.
In a statement issued here, the company said that it sold a total of 9,231 units in August, down from 17,386 units sold during the corresponding month in 2018.
Hinduja Group flagship firm Ashok Leyland Wednesday said it will close its Pantnagar plant for six days from June 24 to adjust production according to the demand.
Ashok Leyland’s stock dropped by 3.43 per cent to Rs 81.65 on Thursday morning after the company announced the amalgamation of Hinduja Foundries Limited (HFL) with itself.
Greater Noida: Hinduja flagship firm Ashok Leyland plans to launch a fully electric bus 'Versa' in the country by 2017.The 36-seater bus, which is being showcased at the 4th Bus and Special Vehicle Show here,
Chennai: City-based commercial vehicle manufacturer Ashok Leyland logged a 48 percent growth in sales volume last month as compared with December 2013, the company said on Saturday.In a statement issued here, Ashok Leyland said it
Chennai: Hinduja Group flagship firm Ashok Leyland today launched its intermediate commercial vehicle 'Boss' here, which the company called a combination of the strength and ruggedness of a truck with the comfort of a car.“Manufactured
New Delhi, July 16: Commercial vehicles maker Ashok Leyland closed the first quarter with a turnover of Rs.2,363.81 crore and net loss of Rs.141.75 crore as against a turnover of Rs.3,026.89 crore and a net
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