Car sales in the local market in the last financial year grew by nearly 9% to a record 4.23 million units amid improved supplies and sustained customer demand, cementing India’s position as the third largest market for passenger vehicles in the world. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to … Read more
Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). Separation of the two businesses will help them capitalise on the opportunities and enhance focus and agility, N Chandrasekaran, chairman, Tata Motors said in a … Read more
Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). Separation of the two businesses will help them capitalise on the opportunities and enhance focus and agility, N Chandrasekaran, chairman, Tata Motors said in a … Read more
Hinduja Group flagship company Ashok Leyland on Thursday said it has reached a significant milestone of having rolled out three million units out of its factory in Uttarakhand. The heavy commercial vehicle maker said it was moving steadfast on its vision to become one among the top 10 Commercial Vehicle (CV) manufacturers globally. “We are … Read more
Chennai, Hinduja Group flagship Ashok Leyland would safely remain above 30 per cent market share in the medium and heavy commercial vehicle segments and confidently move towards 35 per cent going forward, a top official said on Tuesday. The company expects to continue its growth in the medium, heavy and light commercial vehicle segments. The … Read more
Commercial vehicle maker Ashok Leyland on Monday said it sold 1,98, 113 units in the Calendar Year (CY) 2023, surpassing its previous sales record of 1,96,579 units achieved in 2018. This record achievement underscores the company’s product versatility and strong market presence, solidifying its position in the segment both in the domestic and international markets, … Read more
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