FY14 exports to rise on slump in local mkt: Ashok Leyland

Overall exports for Ashok Leyland have historically been between 10 percent and 15 percent. But this year since the domestic market has fallen so drastically, the percentage of sales in exports will be higher may be closer to 20 percent.

Hit by slowdown, yes! But won't stop new launches: Motown

The slowdown in the economy, proved by the GDP for Q1FY14 coming in lower than estimated, has impacted consumer spending, thereby hitting auto sales directly.

Heavy duty vehicle focus of our new range: Eicher Motors

Siddharth Lal, MD & CEO, Eicher Motors told CNBC-TV18 that The heavy duty vehicle is certainly an enormous focus in our new range and we expect it to take over around10-15 percent market share.

Nissan to turn profitable in India by 2013-end: Ghosn

Nissan is planning to unveil Datsun‘s hatchback model ‘Go‘ by early next year. Reviving the brand after three decades, Carlso Ghosn claims it is bigger and wider than its nearest competitor the Maruti Alto.

Ultra low-cost car to follow strong Datsun stable: Ghosn

Nissan chairman and CEO Carlos Ghosn says, in an interview to CNBC-TV18, that the company will launch an ultra low-cost model after introducing more cars under the Datsun brand.

Defence orders will help improve margins: Ashok Leyland

Vinod Dasari, managing director, Ashok Leyland is hopeful of the auto sector revival. In an interview to CNBC-TV18, Dasari says the company has stopped giving any discount as it cannot afford it in the current economic conditions.

CV segment seen struggling; but no alarms yet: Experts

Credit rating agency CRISIL expects loans to Indian truck and bus operators show signs of weakness, which will be a first in nearly three years, underlining the scale of the slowdown in country‘s transportation industry as economic growth stutters.

Budget 2013: Ashok Leyland urges more govt action to rescue CV segment

Ater a disastrous 2012, things are not looking up for the commercial vehicle (CV) industry. Vinod Dasari, MD, Ashok Leyland told CNBC-TV18 that the industry will struggle for the next six months.

Commercial vehicles face tough time in 2013: Ashok Leyland

R Seshasayee, Executive Vice Chairman of Ashok Leyland believes FY13 is a tough year for the commercial vehicle industry. He said that growth is troughing out and expects improvement going forward.

Commercial vehicle mkt will not grow in FY13: Ashok Leyland

Vinod Dasari, MD of Ashok Leyland believes the commercial vehicle market is indeed quite difficult now. According to him, even the mining industry is not seeing recovery and infrastructure projects have almost come to a halt. All these are impacting the economy and the market as a whole, opined Dasari.

Ashok Leyland looks to outperform industry growth in FY13

Ashok Leyland expects to outperform the rest of the auto sector this year, but sees growth coming in lower than last year.