Ashok Leyland Stile and Dost to be built at new plant
Ashok Leyland and Nissan Motor Company, Japan have come together in a joint venture which will include development and manufacture of Light Commercial Vehicles in the 2.5 to 7.5 tonne capacity. The products will be marketed under both the Ashok Leyland and Nissan brands.
The joint venture will entail three separate companies for Vehicle Manufacturing, Power Train Manufacturing and Technology Development and the first offering will be in the form of a 2.5 tonne Dost that has instantly proven its worth in the markets where it has been launched.
Once completed, the joint venture will see production of Ashok Leyland Dost and Nissan Style moved to this facility. The two companies have invested an amount of INR 1250 crores out of a total investment of INR 2500 crores and the new plant will have total capacity of 1.5 lakh units per annum. The JV will also see 27 seater buses and trucks below 8 tonne capacities being introduced once construction is completed. (source)
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