Ashok Leyland's Strategy to Boost Light Trucks Market Share

RAHSTA Expo 2024 launched

“The Ministry of Road Transport & Highways has constructed 12,349 km of national highways in 2023-24 - the second highest achievement! In 2020-21 a record 13,327 kms were constructed, the highest so far. The experience of a well-constructed road is no accident but a badly constructed one can cause many,” said Pratap Padode, Founder, FIRST Construction Council (FCC), at the launch of a road show - 14th Roads and Highways Sustainable Technologies and Advancement [RAHSTA] Expo, which will be held from 9-10 October 2024 at Jio Convention Ce..

Ashok Leyland partners South Indian Bank for dealer finance

Ashok Leyland announced that it had entered into an agreement with South Indian Bank to offer financing support to its dealers through the bank's dealer finance scheme. According to a statement, South Indian Bank stated that it would provide competitive dealer finance options to the dealers of the prominent truck and bus manufacturer.

Gopal Mahadevan, the Director and Chief Financial Officer of Ashok Leyland, expressed that the alliance would provide suitable inventory financing solutions to their network of dealers. ..

Ashok Leyland Explores Commercial Vehicle Hybrid Tech

Ashok Leyland, a prominent player in the commercial vehicle segment, is delving into hybrid technology as part of its innovation drive. With a focus on sustainability and efficiency, the company aims to revolutionise the commercial vehicle market by introducing hybrid solutions.

This strategic move underscores Ashok Leyland's commitment to staying ahead in the rapidly evolving automotive landscape. By embracing hybrid technology, the company seeks to address environmental concerns while meeting the diverse needs of customers in the commercial vehicle sector.

As part of its expl..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..