Lcv

Ashok Leyland Q1 profit at Rs 68 cr Q1 on strong volumes vs year-ago loss

The company is planning to invest Rs 750 crore in each of the next two years and is in the final round of talks to raise funds for its EV arm Switch Mobility

Ashok Leyland draws up EV road map, plans to launch first e-LCV in Dec

Company's EV push will be done through UK-based Switch Mobility - a combined entity of Ashok Leyland's electric CV operations and erstwhile Optare of UK

Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD

In a Q&A, Vipin Sondhi says the firm will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy

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

CV wholesales in December outperformed in both, M&HCV and LCV segments

Demand for M&HCV segment is coming close to the pre-Covid level of 2019 but is still far below the 2018 level

Ashok Leyland renames Optare as SwitchMobility, unveils global EV plan

With a new structure, SwitchMobility will be positioned to become Ashok Leyland's global arm, focusing on electric vehicles and green mobility solutions

Ashok Leyland's acyclical businesses help offset domestic M&HCV loss

"We will be extremely tight and vigilant on the capex," said CFO Gopal Mahadevan

We expect an AUM growth of 5-6% in FY21, says STFC's Umesh Revankar

"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar

Ashok Leyland reports loss of Rs 147 cr in Sept quarter, revenue dips 28%

Revenue from operations during the quarter stood at Rs 2,837 crore, down 28% YoY

Ashok Leyland's output at 75% of pre-Covid levels: COO Anuj Kathuria

In a Q&A, Anuj Kathuria dwells on the segment shift towards intermediate commercial vehicles (ICVs) and tippers

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data

Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

Ashok Leyland expands LCV offering in bid be among top-10 global CV players

The CV major has said that LCV will be one of the three major levers to drive company's future growth

Defence, LCV and buses to be key growth levers at Ashok Leyland: Chairman

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

Ashok Leyland domestic sales decline 90% at 1,277 units amid Covid-19

No M&HCV buses were sold in May; company resumed operations recently after the government relaxed the lockdown norms

Ashok Leyland reports zero sales in April as lockdown adds to woes

M&HCV truck sales in April 2019 was 7,517, bus sales was 1,401, while LCV sales stood at 4,224 units

Ashok Leyland domestic sales skid 91% in March, Eicher total sales dip 83%

Eicher's commercial vehicle (CV) sales dropped by 81 per cent to 1,409 units during the month from 7,329 units, a year ago

Ashok Leyland domestic M&HCV sales down by 47%; bus sales rise 36%

The drop came due to the truck business, which dropped by 58 per cent to 4,706 units from 11,117 units

Uptrend in LCVs expected to sustain

While it is a positive for Tata Motors, M&M has been the biggest market share gainer in recent months