Page 24 - Ashok Leyland

Ashok Leyland, Citicorp Finance ink MoU for commercial vehicles' financing

Citicorp Finance will work in close coordination with the authorised dealers of Ashok Leyland to provide financial solutions to customers

Vipin Sondhi appointed Ashok Leyland's new MD and CEO, to focus on growth

Sondhi has been leading large MNC organisations with more than three decades of experience in the manufacturing and engineering sectors

Ashok Leyland faces a bumpy ride ahead over surplus capacity, slowdown

Though there are near-term headwinds, analysts believe the Ashok Leyland stock which is down nearly 30 per cent from year ago levels may not see a significant price correction from these levels

Hinduja Group offers to help Punjab in addressing stubble burning problem

The offer was made during a meeting between Punjab Chief Minister Amarinder Singh and Hinduja Group Chairman Prakash Hinduja, an official statement said here

Ashok Leyland plans up to 12 non-working days in sixth such move since July

The company has been suffering a massive and sustained drop in CV sales due to weak offtake brought on by economic slowdown

Ashok Leyland announces non-working days for December as demand falls

The city-based commercial vehicle maker has been adjusting production at its facilities over the last few months following the automobile slowdown

CV sales drop 17% in November on slowdown, delay in infra projects

Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing

Ashok Leyland bags order for 1,750 buses from Tamil Nadu State Transport

Ashok Leyland is currently India's largest and the world's fourth largest bus manufacturer

Auto stocks gain on report that Cabinet may approve scrappage policy today

Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.

Ashok Leyland slips 7% after standalone profit before tax slumps 97% in Q2

Early this month, Ashok Leyland said it would observe non-working days ranging from 0-12 days during month of November 2019.

Ashok Leyland's Q2 pre-tax profit down 97% as sales volumes take a beating

Total income declined 48% to Rs 3,975 cr; company cites 53% drop in industry volumes

Ashok Leyland inducts Marico chief and former JCB India MD into Board

Saugata Gupta of Marico to be independent director, while Vipin Sondhi, formerly of JCB, will join Hinduja Group's leadership team

We're expecting CV mkt to revive strongly: Ashok Leyland's Dheeraj Hinduja

In core areas like modular vehicles, BS VI and a new LCV platform, we have not slowed.

We'll be better placed in future downturns: Ashok Leyland Chairman

Dheeraj Hinduja is positive the bad times are over and hopes to see his company become a top-10 CV player going forward

Ashok Leyland displays BS-VI vehicles, says trucks are first to meet norms

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

Ashok Leyland to observe up to 12 non-working days during November

Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes

Auto slowdown: Ashok Leyland M&HCV domestic sales drop by 50% in October

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

Auto slowdown: Ashok Leyland declares no production from October 2 to 15

The firm's sales declined across categories in September

Ashok Leyland's domestic sales drop 57% in September to 7,851 units

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

Auto slowdown: Ashok Leyland declares non-working days across units in Sept

Ashok Leyland has agreed to give 5.42% of the profit of 2018-19 as bonus to employees