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Ashok Leyland ups capex plans on buoyant CV demand

Ashok Leyland ups capex plans on buoyant CV demand

Shahkar Abidi and Kiran Murali     calendar24 May 2024

Chennai-based Ashok Leyland Ltd, is raising its capital expenditure (capex) plans for fiscal 2025 (FY25) on the back of stronger-than-anticipated commercial vehicle demand.

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Ashok Leyland targets 25% market share in LCVs News
Ashok Leyland targets 25% market share in LCVs

By Shahkar Abidi and Kiran Murali calendar24 May 2024

The company's top leadership, including Chairman Dheeraj Hinduja, announced plans to increase its LCV market share to ...

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Revenue growth to double to 9-11% this fiscal for fleet operators: Crisil News
Revenue growth to double to 9-11% this fiscal for fleet operators: Crisil

autherAutocar Pro News Desk calendar23 May 2024

Revenue growth of road transport fleet operators is expected to double to 9-11% this fiscal, riding on better domestic...

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Hyundai Motor and Plus unveil first Level 4 autonomous fuel cell electric truck in the USA News
Hyundai Motor and Plus unveil first Level 4 autonomous fuel cell electric truck in the USA

autherAutocar Pro News Desk calendar23 May 2024

Collaboration aims to enhance road safety and freight efficiency with XCIENT Fuel Cell truck featuring Plus’s Level 4 ...

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Autocar Professional to host Vehicle Lightweighting Conference: A Virtual Event on May 23-24  News
Autocar Professional to host Vehicle Lightweighting Conference: A Virtual Event on May 23-24 

autherAutocar Pro News Desk calendar22 May 2024

The webinar will engage top CXOs to deliberate upon the key lightweighting trends and methodologies in materials, desi...

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Daimler drives in more safety in heavy-duty trucks Feature
Daimler drives in more safety in heavy-duty trucks

By Shahkar Abidi and Ketan Thakkar calendar21 May 2024

The company plans to launch AMT-equipped heavy-duty trucks in the coming months for enhanced safety of drivers.

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M&M's Truck & Bus division revs up for growth: aims to challenge incumbents   News
M&M's Truck & Bus division revs up for growth: aims to challenge incumbents  

By Shahkar Abidi and Ketan Thakkar calendar20 May 2024

Anish Shah, MD of Mahindra & Mahindra, stated that while the truck and bus business has turned around well, the compan...

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Autocar Professional’s May 15, 2024, issue is out! News
Autocar Professional’s May 15, 2024, issue is out!

By Chandan B Mallik calendar18 May 2024

This specially curated 64-pager issue offers a review of the key events in the automotive industry in the past few day...

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Volvo Group and Daimler Truck to develop software-defined vehicle platform News International
Volvo Group and Daimler Truck to develop software-defined vehicle platform

autherAutocar Pro News Desk calendar17 May 2024

Both companies plan to set up a joint venture to become the leading developer of a software-defined heavy-duty vehicle...

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Renault to trial Level 4 autonomous public transport at Roland-Garros 2024 News International
Renault to trial Level 4 autonomous public transport at Roland-Garros 2024

autherAutocar Pro News Desk calendar16 May 2024

As a premium partner of the tennis tournament, Renault along with WeRide is setting up a trial of electric and autonom...

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