In core areas like modular vehicles, BS VI and a new LCV platform, we have not slowed.
Dheeraj Hinduja is positive the bad times are over and hopes to see his company become a top-10 CV player going forward
The firm has evolved an indigenous mid-NOx technology for BS-VI vehicles, will also introduce a Modular Vehicle Platform to meet the diverse needs of customers
Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes
The biggest drop was in trucks, whose sales declined by 59 per cent to 3,335 units in October from 8,124 units in the same month a year ago
The firm's sales declined across categories in September
Domestically, sales of medium and heavy commercial vehicles (M&HCV) slumped 69 per cent to 4,035 units from the 13,056 in the past year
Ashok Leyland has agreed to give 5.42% of the profit of 2018-19 as bonus to employees
Union has earlier demanded 10% payout, but company stood firm on its offer of 5% and at the end of talks, both parties agreed to 5.423%
The company's Pantnagar plant will have as many as 18 non-working days in September, while the Ennore unit would have 16.
The company this week reported a 70 per cent drop in M&HCV truck sales in the domestic market during the month of August
It sold 3,336 units of M&HCV trucks in August as compared to 11,135 units, a year ago.
From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news
Company claims it is the first OEM to achieve this goal, way ahead of the April 1, 2020 deadline; LCVs and ICVs to follow suit shortly
Light commercial vehicle sales dropped by 12% to 3,711 units in August 2019
Presently 24th in global ranking, it aims to be among the top 10 in about nine years
Union sources said if the management does not take a call on the issue 'amicably' they would be forced to intensify their stir next week by going on a hunger strike
The company had earlier said it was implementing cost-cutting measures to save around Rs 500 crore to mitigate the impact of slowdown in the market
The employees decided to go ahead with their strike as the management allegedly did not accept their demand at a recent meeting
Ashok Leyland reported a 9 per cent revenue drop during the quarter ended June 30, 2019, at Rs 5,684 crore