Ashok Leyland to cut wages, reduce debt

Ashok Leyland Ltd, the flagship commercial vehicles maker from the Hinduja Group, is planning to cut capital expenditure (capex) for 2013-14 massively besides downsizing the wage bill and selling......

Ashok Leyland has Innova-like plans

Company working on common platform derived from Nissan van; planning to launch 7-8 seater vehicle in 2 years.Burgeoning demand for spacious people movers in India has led Ashok Leyland, a medium......

Leyland, Nissan to bring out 2 more LCVs

Vehicle manufacturer Ashok Leyland, through its association with Japanese auto-maker Nissan Motor Company, will roll out two more products in the Light Commercial Vehicle category over the next two......

LCV unit: Leyland, Nissan to invest Rs 2,500 crore

The Ashok Leyland and Nissan joint venture is to invest around Rs 2,500 crore (Rs 25 billion) for setting up a factory near this city to manufacture light commercial vehicles. The two partners have......