Ashok Leyland said it was looking to increase its market share in the intermediate commercial vehicle segment similar to the levels it has in medium and commercial vehicle, a company official said
The two models are meant for a range of sectors like courier, poultry, white goods, agri-perishable, and e-commerce.
In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers
Company's Light commercial Vehicle (LCV) sales grew by 20 per cent to 4,567 units from 3,816 units
Launches on a platform developed entirely in-house is the commercial vehicle maker's weapon of choice to expand domestic market share and develop new global markets
Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers
Ujjivan SFB said as part of the ''Raftaar Loans'' product mix, the customised offerings will be available across southern and eastern regions: Karnataka, Tamil Nadu, and West Bengal
Analysts expect a gradual revival by the end of FY21, led by a low base, replacement demand and pick-up in economic activity
The manufacturer will supply its product Ecomet and the order will be executed in the next 5-6 months
The CV major has said that LCV will be one of the three major levers to drive company's future growth
"A full-fledged turnaround should be in place by the end of the last quarter or spilling over to the next FY," said Sachin Pillai, Managing Director & Chief Executive Officer, HLFL
Shahaney laid the strong foundation in manufacturing, engineering and technology for the company
A manufacturing business is ultimately about people. There is no substitute to face-to-face interaction, he said
Dheeraj Hinduja says company's future product plans would revolve around auto buzzword CASE mobility. CASE is an acronym for Connected, Autonomous, Shared & Electric vehicles
Bus segments drags volumes with 93% drop
Hinduja Group flagship Ashok Leyland is re-examining the business and operating models in the wake of the COVID-19 outbreak, a top official has said.
The company reported a consolidated net loss of Rs 388.82 crore for the first quarter ended June 30 (Q1) as against a net profit of Rs 274.96 crore in Q1FY20
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In a post-earnings conference call, the company said that demand has picked up