Light Commercial Vehicles

Within the M&HCV growth momentum, Ashok Leyland is seeing strong demand growth from higher tonnage vehicles driven by better unit economics of these vehicles.

Ashok Leyland targets 25% market share in LCV market; to launch six models in FY25

When queried if the company foresees any impact on margins with more LCVs, Ashok Leyland Chairman Dheeraj Hinduja said that he expects the same type of margins in light trucks as the company sees in M&HCVs

Ashok Leyland Q4 FY24 net profit rises 17% to Rs 934 crore

The flagship company of the Hinduja Group's consolidated revenue from operations in the quarter under review stood at Rs 13,577.58 crore as compared to Rs 13,202.55 crore in the year-ago period

No significant impact on business due to Red Sea crisis, says top M&M official

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector) at M&M, said the farmers' protest will not have "any significant impact" on the tractor industry's growth

Ashok Leyland rallies nearly 5% on rise in monthly sales for June

The Indian commercial vehicle manufacturer registered sales growth of 11 percent on a year-on-year (YoY) basis to 12,330 units for the month of June 2017.

Post Nissan break up, Ashok Leyland to invest Rs 400 crore in LCV biz

The company's opines that the LCV business is more stable than the heavy commercial vehicles (HCV) segment and will shield the company from cyclical downturns. The company plans to double the share of LCV in the total commercial vehicle business to around 50 percent in the next 3-4 years.

Ashok Leyland to invest Rs 400 cr on new LCV development

The company, which had last year parted ways with Nissan after a tumultuous relationship, is now looking to make up for the lost time, eyeing export markets with new models to be developed on two new platforms.

Force Motors surges 7.5% on smart Q2 profit

The stock jumped 7.55 percent to Rs 3,739 at BSE. Force Motors on Saturday posted a 65.35 percent rise in its net profit at Rs 42.48 crore for the second quarter.

Mahindra to invest Rs 700 cr to become full range CV player

Mahindra Truck and Bus Division (MTBD), a part of USD 16.9 billion Mahindra Group, plans to be a full range commercial vehicle player with focus on developing vehicles in the 9-16 tonnes range

July auto sales mixed; industry keenly watching monsoon

Most of the two-wheeler manufacturers registered a weak set of numbers except Bajaj Auto and Royal Enfield, which managed to grow well.

Ashok Leyland April sales rise 43% to 8,435 units

Sales for its heavy and medium commercial vehicles increased by 44.79 percent at 6,549 units in April against 4,523 units in the year-ago period, the company said in a filing to the BSE.

Ashok Leyland March sales up 24% at 12,745 units

Sales for its heavy and medium commercial vehicles increased by 29.91 percent at 10,027 units in March as against 7,718 units in the year-ago period, the company said in a filing to the BSE.

Ashok Leyland Feb sales up 36% at 10,762 units

Sales for its heavy and medium commercial vehicles increased by 48 percent at 8,230 units in February as against 5,576 units in the year-ago period, the company said in a filing to the BSE.

Tata Motors to launch LCVs in Australia

Tata Motors will be launching light commercial vehicles in Australia through an agreement with a local distributor Fusion Automotive. The latter will get exclusive marketing and distribution rights within the country.

India to be world's 3rd largest LCVs market by 2020

India will become the third largest market in the world after China and the US for light vehicles, including passenger cars and light commercial vehicles (LCVs), by 2020, according to market research firm JD Power Asia Pacific.