+
 Ashok Leyland, MFCWL partners to enter used vehicle market
Equipment

Ashok Leyland, MFCWL partners to enter used vehicle market

Ashok Leyland, an automotive industry company, announced that it partnered with Mahindra First Choice Wheels to enter the used commercial vehicle market.

The company has signed a memorandum of understanding (MoU) with Mahindra First Choice Wheels Ltd (MFCWL).

As part of the partnership, the phygital platform will allow the exchange, appropriate disposal, and purchase of obsolete commercial vehicles.

According to media sources, the commercial vehicle manufacturer's entry into this segment aims to streamline the used vehicle market by leveraging its digital ecosystem, existing and potential channel partners for physical interactions in more than 700 parking yards across India, and additional advanced technologies.

The company would bring greater transparency into this market via effective and efficient processes, expanding alternatives to minimise the number of outdated cars travelling India's highways, Ashok Leyland told the media.

Sanjeev Kumar, Head MHCV at Ashok Leyland, told the media that the pre-owned or re-purposed vehicles industry saw an exponential and constant growth since the start of the epidemic due to the rise in the waiting period for automobiles and financial constraints.

According to the company, the platform aims to become the first choice among clients considering a vehicle exchange by providing services such as exchange, disposal, hybrid, and special vehicle inspection.

The company said that it would also allow them to reach out to as many fleets and single vehicle owners as possible across India.

Image Source

Also read: Ashok Leyland to install new manufacturing plant to roll out EVs

Ashok Leyland, an automotive industry company, announced that it partnered with Mahindra First Choice Wheels to enter the used commercial vehicle market. The company has signed a memorandum of understanding (MoU) with Mahindra First Choice Wheels Ltd (MFCWL). As part of the partnership, the phygital platform will allow the exchange, appropriate disposal, and purchase of obsolete commercial vehicles. According to media sources, the commercial vehicle manufacturer's entry into this segment aims to streamline the used vehicle market by leveraging its digital ecosystem, existing and potential channel partners for physical interactions in more than 700 parking yards across India, and additional advanced technologies. The company would bring greater transparency into this market via effective and efficient processes, expanding alternatives to minimise the number of outdated cars travelling India's highways, Ashok Leyland told the media. Sanjeev Kumar, Head MHCV at Ashok Leyland, told the media that the pre-owned or re-purposed vehicles industry saw an exponential and constant growth since the start of the epidemic due to the rise in the waiting period for automobiles and financial constraints. According to the company, the platform aims to become the first choice among clients considering a vehicle exchange by providing services such as exchange, disposal, hybrid, and special vehicle inspection. The company said that it would also allow them to reach out to as many fleets and single vehicle owners as possible across India. Image Source Also read: Ashok Leyland to install new manufacturing plant to roll out EVs

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code