According to the notification, the commencement of class work, semester-1 will be on July 8, 2024.
Shenu Agarwal, MD & CEO, says the company’s plan is to accelerate product development and roll them out within 2023. He says Ashok Leyland has been contemplating a foray into the sub-two-tonne segment for some time now.
India’s second-largest commercial vehicle-maker has said while it is present in only 60 percent of the light truck market, it is keen to tap the remaining 40 percent with new products
The mini-trucks are targeted at the last-mile logistics segment, where the company sees enormous demand.
The company currently retails a range of light commercial vehicles under 'Dost' brand with right-hand drive option both in domestic and overseas.
Ashok Leyland fell 3 percent intraday Tuesday on a media report that Japanese partner issued a notice for ending joint venture (JV) signed in 2008.
Hinduja Group flagship company Ashok Leyland on Tuesday said the sales of its small commercial vehicle DOST, the first product to be launched under the joint venture with Nissan Motor Company, had crossed the one lakh mark.
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.
The Chennai-based bus and truck maker's net sales are seen down 21 percent year-on-year to Rs 2,371 crore, while operating margin may fall to 4.3 percent from 8 percent.
While medium and heavy trucks have had a bumpy ride over the last one year amid the overall economic slowdown, even small trucks like Tata Ace and Ashok Leyland Dost are now finding few takers.
India's second largest commercial vehicle maker on Thursday said its truck and bus sales in April declined 14 percent year-on-year to 7,487 units.
Its been a dismal year for India's automobile industry, but their woes are likely to continue well into next year, feels industry body Society of Indian Auto Manufacturers.
Ashok Leyland shares tripped over 4 percent on Friday morning after it reported third quarter results much below street expectations.
Hinduja Group flagship company Ashok Leyland today unveiled the limited edition of its latest small commercial vehicle 'DOST' on its first anniversary.
Shares of Ashok Leyland, country's second largest commercial vehicle maker, rallied 2.5% on Tuesday as its total sales increased 30% year-on-year to 9432 units in August due to good response to its DOST.
India's second largest commercial vehicle maker Ashok Leyland reported 25% year-on-year rise in July sales at 9,785 units, as continued strong demand for its light truck Dost helped cushion the bumpy ride of heavy trucks.
India's second largest commercial vehicle maker Ashok Leyland missed street estimates on Tuesday with a net profit of Rs 67 crore, down 22% year-on-year due to rising costs and higher spends on advertising and promotion.
Ashok Leyland says current market environment for medium and heavy commercial vehicles remains challenging but has maintained its target to grow at over 14% this year.
India's second largest commercial vehicle maker Ashok Leyland will launch 5 new products in the domestic market in the current financial year, including the Avia range of vehicles.
Its been a mixed road for commercial vehicle makers in the last one year. While sales of light commercial vehicles accelerated, medium and heavy trucks hit speed bumps due to slowdown in industrial actuvity and expensive loans. How was the drive in the fourth quarter?
Commercial vehicle maker Ashok Leyland's total sales in January accelerated 34% year-on-year to 10,300 units. The sales growth was boosted by 1,100 unit sales of its new launched light commercial vehicle Dost.
Hinduja group company Ashok Leyland expects its sales volumes will pick up in the second half of the current fiscal year, helped by increase in sales of light commercial vehicles built in joint venture with Japanese Nissan Motor and a likely pickup in south India.
Hinduja group company - Ashok Leyland expects to launch the light commercial vehicle or LCV “dost” across India in next six months. The company on Tuesday launched “Dost”, in Maharashtra after having already launched in the Southern states.
Hinduja Group flagship company Ashok Leyland, which has partnered with Japanese automajor Nissan to foray into the light commercial vehicle segment, today announced the price of its first product 'Dost'.
The first light commercial vehicle from the Ashok Leyland-Nissan joint venture, Dost, is ready to hit Indian roads. The two parents are certain that this is the beginning of a beautiful friendship, reports CNBC-TV18’s Swathi Narayanan.