Ashok Leyland posted their sales figures for April 2010 today, which remarkably have increased threefold when compared to the sales figures of April 2009. Ashok Leyland sold 6,500 units in April 2010 compared to just 1,750 units sold in April 2009. There is more good news in store for Ashok Leyland as their assembling unit in UAE has started rolling out 2,000 units as per international regulations... 

The all new hybrid bus from Tata Motors will be displayed at 2010 CWG as part of the growing demand for hybrid vehicles in all the segments of automobiles. The other makers who want to foray into this segment includes Ashok Leyland, Volvo buses, etc. All the companies are still working on the blue prints of the design of such a new concept in the heavy vehicle segment. There are many of them who have... 

Expansion projects are what the Hinduja group-owned auto company Ashok Leyland is looking at in the coming three years. It plans to invest Rs 3000 crore with this intent. The company last year was facing the brunt of the economic slowdown and hence had reduced this estimated investment to Rs 2000 crore as opposed to the Rs 3200 crore. The company plans to target this investment on both the development... 

After partnership with Bajaj and Renault for manufacturing an ultra low cost car, Nissan, is all set to make an agreement with Ashok Leyland for developing a small car for the global market to be priced around $4500-$5000 (about Rs 2.25 lakhs-2.50 lakhs). Collin Dodge, Nissan, said that the small car is intended to attract customers from the price brackets of $4500-5000. He also said that this price... 

Ashok Leyland has announced a hike of 15% in the vehicles prices from April once the new emission norms come into the effect. The company will have to upgrade its vehicles to comply with BS emission norms and thus the upgrading will result in increase in prices. Passenger vehicles as well as commercial vehicles are going to comply with BS 1V emission norms in 13 cities whereas rest of the country... 

Renault Nissan Automobile India, the JV between Japanese Nissan Motor Co. and French Renault is keen to begin their compact car production in May this year. Results of the first production trial were great with 30 units and the cars will start rolling out soon. Trial production of their power train is on too. They have 97 vendors now and local content for the upcoming vehicle stands at 85%. Staffed... 

Come April and the cost of vehicles in the Indian auto market are set to increase. Since major cities have to switch to the Euro 4 emission norms, and the rest of the country to Euro 3, the cost of tweaking engines to meet specifications is now going to be borne by customers to an extent. Multiple strategies are being employed to make the switch and price hikes will depend on the level of tweaking... 

Auto expo 2010 doesn't fail to surprise and the Hinduja Group gives us an Ashok Leyland electric plug-in CNG hybrid bus. The HYBUS is the first of its kind in the Indian auto market. The company urges the government to encourage a public transportation system and hybrid bus production. This calls for reduction of duty on lithium ion batteries as it stands at 18% right now. The HYBUS can help augment... 

Ashok Leyland today said it will not have joint branding with  Nissan for LCVs to be manufactured in partnership between the two companies. Ashok Leyland and Nissan entered into an agreement in 2007 for a total investment of 2,300 crores in making LCVs (Light Commercial Vehicles) and setting up a plant in Chennai. "There will be no joint badging. Some products in the value segment will bear Ashok... 

Nissan is reconsidering luxury cars import strategy. This is crucial or else little can help the X-trail, and Teana to perform well in India in terms of sales volumes. The company is busy preparing for its compact car launch that's scheduled for within 5 months. Despite future growth potential, the already launched cars aren't doing too well. The reason being that importing CBU's proves to be expensive...