Page 8 - Ashok Leyland

Automobile sales skid in May as coronavirus second wave bites hard

Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 1,42,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year. Sales of compact segment vehicles, including Swift, Celerio, Ignis, Baleno and Dzire, declined by 72 per cent to 20,343 units from 72,318 cars in April. Likewise, utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, declined ..

Ashok Leyland May sales rise to 3,199 units from 1,420 units in April

Commercial vehicles major Ashok Leyland Ltd closed last month with sales of 3,199 units up from 1,420 units sold in May 2020.

Ashok Leyland expects plants to be operational for only 10 days in June

The commercial vehicles major said its manufacturing plants would be operational only for up to 10 days in the month of June due to lower demand and lockdown in states where its plants were located

Ashok Leyland offers life, health insurance of Rs1 lakh to channel partners

An estimated 15,000-20,000 people are likely to be benefited by this initiative, the company said

Ashok Leyland announces relief measures for pandemic-hit stakeholders

Commercial vehicles major Ashok Leyland on Tuesday announced various measures such as extending emergency support to vehicles transporting COVID essentials

Ashok Leyland's LCV gamble pays off with a little help from the pandemic

Its offering Bada Dost has helped in huge market share and volume gains

Ashok Leyland's LCV gamble pays off with a little help from the pandemic

Its offering Bada Dost has helped in huge market share and volume gains

Ashok Leyland supplies bullet proof vehicle to Indian Air Force

The firm has delivered the first light bullet proof vehicle to Indian Air Force (IAF)

Siemens gains 4% on signing MoU with Ashok Leyland for E-Mobility solutions

The MoU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India

Stocks to watch: Airtel, Srei Infrastructure, Ashok Leyland, Infosys

Arindam Haldar has resigned as Chief Executive Officer of Thyrocare Technologies, for personal reasons

Ashok Leyland to set up green arms; stock rallies 7%, nears 52-week high

The first unit -- Switch Mobility Automotive Ltd -- is being formed to carry on the electric vehicle strategy in India and forms part of its global entity

Ashok Leyland M&HCV truck sales grew over 10-fold in March

Analysts say increase in infrastructure spending, improved consumer sentiments, better freight rates are some of the key drivers of the superior show.

Ashok Leyland launches India's first 14-wheeler DTLA truck AVTR 4120

Company claims it is India's first 4-axle truck with 40.5 tonne GVW

Ashok Leyland to induct electric buses for transporting staff

With the recent initiative of sourcing clean energy for the Ashok Leyland operations, we now move to emission-free transport, says Dheeraj Hinduja, Chairman, Ashok Leyland

IOC, Israeli firm form JV to to manufacture metal-air batteries for EVs

Indian Oil Corporation and Israeli battery developer Phinergy on Wednesday formalised a joint venture to manufacture ultra-lightweight metal-air batteries for electric vehicles (EVs)

BEML surges 13% as report suggests Tata, Mahindra eyeing stake in firm

The board approved the appointment of M/s Deloitte Haskins & Sells LPP, as Consultant for advising, undertaking and implementing demerger of non-core assets of BEML

CV makers post strong sales in Feb on as mfg and infra activities pick up

MHCV segment has been improving on strong tipper & ICV pick-up; buses continues to be in red

Ashok Leyland's M&HCV truck sales rise 44% in February, bus sales fall 84%

The company's light commercial vehicle sales rose by 46 per cent to 5,662 units from 3,867 units in the year ago period

Ashok Leyland to acquire Nissan International's 38% stake in Hinduja Tech

The company proposes to acquire 58,500,000 shares held by Nissan International Holding B.V to make it as a wholly-owned subsidiary of the Company

Ashok Leyland commences production at new bus facility in Andra Pradesh

The plant, spread over 75 acres, will include latest technology to deliver the high quality standards of the Ashok Leyland brand