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M&M explores CNG, passenger variants for Gio03-NOV-09
After taking on the one-tonne Tata Ace as well as the three-wheeler players like Piaggio with its fourth launch this year, Mahindra & Mahindra(M&M) is all set to explore its newly launched Gio platform, a 0.5 tonne truck. The company plans to come up with passenger carrier versions as well as a CNG variant and is eying export markets in the long-run.
Tata Motors upbeat on LCV prospects this fiscal29-OCT-09
The maker of the world's cheapest car, Tata Motors, said that the sales of its small and light trucks could increase by as much as 60 per cent this fiscal.
Fiat may manufacture LCVs in India28-OCT-09
Italian automobile giant Fiat is exploring options to manufacture light commercial vehicles (LCVs) with a load carrying capacity between 0.8 tonnes and 1.8 tonnes in India.
Domestic gains07-SEP-09
The improvement in the domestic commercial vehicle sales should come as a relief for Tata Motors, which has been weighed down by losses and debt on account of Jaguar Land Rover (JLR), its $3 billion acquisition last year. India’s largest auto company, which reported a consolidated loss of Rs 329 crore for the June quarter largely on account of poor sales at JLR, saw its commercial vehicle sales post positive growth rates year-on-year and sequentially for the second month in a row.
Tata Motors plans to launch smaller light commercial vehicle28-AUG-09
The country's largest auto maker, Tata Motors, today said it will launch a light commercial vehicle which will be smaller than its LCV Ace.
Tata Motors plans to launch an LCV lighter than ACE28-AUG-09
The country’s largest auto maker, Tata Motors, today said it would launch a light commercial vehicle (LCV) which would be smaller than its best-selling LCV, Ace, which opened up a new market.
Ashok Leyland-Nissan JV may launch LCVs in 201127-AUG-09
The Ashok Leyland (AL)-Nissan joint venture is likely to roll out light commercial vehicles (LCVs) by 2011, a company source said today.
On bumpy roads06-JUL-09
On June 26, Tata Motors announced a whopping consolidated loss of Rs 2,505 crore for the year ended March 2009, its first loss in seven years.
CNG kit makers up production on expected surge in demand05-JUL-09
Manufacturers of compressed natural gas (CNG) kits are stepping up production to meet the expected surge in demand in the coming months.
Automobile sector: Picking up speed04-JUL-09
In the last couple of months, it was only the market leaders in the auto space that were doing well. But the numbers for the month of June show that others companies, too, are seeing better momentum.
Nissan-Ashok Leyland LCV plant deferred25-JUN-09
Hinduja Group firm Ashok Leyland on Wednesday said that construction of its proposed facility to make light commercial vehicles (LCVs) in partnership with Japan's Nissan had been deferred due to sluggish market conditions.
Ashok Leyland-Nissan LCV plant's construction deferred24-JUN-09
Hinduja Group firm Ashok Leyland today said that construction of its proposed facility to make light commercial vehicles (LCVs) in partnership with Japan's Nissan has been deferred due to sluggish market conditions.
Nissan to manufacture LCVs from mid-201105-JUN-09
Nissan Motors said today it will start manufacturing light commercial vehicles (LCVs) along with its joint venture partner Ashok Leyland from mid-2011. Nissan has several joint ventures in India. The one with Ashok Leyland is for manufacturing light trucks for the domestic, as well as export markets.
Ashok Leyland-Nissan JV to be delayed16-MAY-09
Commercial vehicle major Ashok Leyland today said that its joint venture with Nissan to manufacture Light Commercial Vehicle (LCV) near Chennai will be delayed by six months due to the current economic slowdown and delay in land acquisition. The company will scale down investment in the project.
Hind Motors to cut LCV price by Rs 7,00025-FEB-09
Auto maker Hindustan Motors today announced to cut the price of its light commercial vehicle 'Winger' by an average of about Rs 7,000 per unit, with immediate effect, in order to pass on the benefit of the two per cent cut in excise duty by the government.
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