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  • See overall revenue at around Rs 220 cr by FY16: GS Auto

    In an interview to CNBC-TV18, Surendar Singh, MD, GS Auto International, discusses the company‘s earnings and business outlook.

  • Industry FY15 volume growth seen at 5-10%: Ashok Leyland

    Discussing the results, Gopal Mahadevan, CFO of Ashok Leyland, said that going forward while the company would endeavour to maintain margins at current levels, lot will depend on the product mix.

  • See 20% plus EBITDA margins for FY15: Amtek Auto

    The capacity utilisation for the company currently stands at 57 percent, which is likely to go up to 58-59% for the year, says John Flintham, senior MD & CEO, Amtek Auto.

  • SIAM sees growth in autos only after GDP recovers to 6%

    Speaking to CNBC-TV18's Siam president Vikram Kirloskar said the two-wheeler space has improved tremendously and so have exports. "The auto sales are a mixed bag, while commercial vehicles continue to slow down," he said.

  • Plan to expand LCV segment portfolio: Ashok Leyland

    Multi-utility van Dost did a very good job of securing the company‘s first foothold and now every year the company plans to see ways to further expand its portfolio and presence in the LCV segment, V Sumantaran, vice-chairman, Ashok Leyland says.

  • Decisive politics can make FY15 a year of recovery: Leyland

    Executive vice chairman R Seshasayee, Ashok Leyland equals India's current mood to being in a twilight zone. He says the country's economics is held back by politics which is confusing and murky.

  • 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.

  • Truck sales won't recover for rest of 2013: Ashok Leyland

    Ashok Leyland's medium & heavy truck sales have seen sluggish growth for over a year now and chairman Dheeraj Hinduja doesn‘t expect a recovery in medium and heavy commercial vehicles (MHCV) cycle for the rest of 2013.

  • 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.

  • Tough, but will try to keep margins over 10%: Ashok Leyland

    Managing director Vinod Dasari said, while it may be difficult, they will be able to maintain margins over 10%.

  • 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.

  • Budget 2012-13: Excise duty hike a blessing in disguise, says Ashok Leyland

    The higher excise levy to 12% proposed in the Budget was expected to impact many auto companies, including Ashok Leyland.

  • Duty hike may jam CV growth: Ashok Leyland

    Speaking to CNBC-TV18, R Seshasayee, executive vice-chairman of Ashok Leyland feels that it is logical to assume a rollback of concessions on excise duty. He also mentions that it is possible for CV makers to absorb the duty hike. He also talks about, if the monetary conditions are favourable then a duty hike may not impact much.

  • Will get back 26% market share in FY12: Ashok Leyland

    Despite expectations of a 'seasonally weak' Q3 for the company, Vinod Dasari, managing director of Ashok Leyland said it will get back to the market share of 26% in FY12.

  • Don't overreact to IIP nos, seek policy help: Ashok Leyland

    R Seshasayee, Executive Vice Chairman of Ashok Leyland cautions against overreaction to the IIP results as there is still hope left for some growth because we are not heading to the recessionary cycle.

  • Interest rate peaking next trigger for auto sector: Expert

    Auto companies have started releasing their November sales figures. Mahantesh Sabarad, Senior vice president-institutional equity research, Fortune Equity Brokers spoke to CNBC-TV18 about his outlook for the sector now.

  • Ashok Leyland eyes better margins in FY12 despite rate hike

    K Sridharan, chief financial officer of Ashok Leyland, tells CNBC-TV's Udayan Mukherjee and Mitali Mukherjee that the auto industry has already seen a major impact of monetary tightening. Higher interest rates have affected the companies in terms of their net realisation and net retained earnings, out of the freight rates they earn.

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