July 2017
| July’17 | July’16 | % | Apr’17-July’17 | Apr’16-July’16 | % | ||
| M&HCV | Sales | 9026 | 8182 | 10 | 28906 | 32209 | (10) |
| LCV | Sales | 2955 | 2310 | 28 | 11573 | 9448 | 22 |
| TOTAL SALES | 11981 | 10492 | 14 | 40479 | 41657 | (3) | |
Automotive Sector
Emkay Global Financial Services Ltd | Automobiles Sector Update; CV’s saw a sharp fall; 4Ws resilient
In April’17, most OEMs including Maruti Suzuki, Royal Enfield, TAMO (PV), Bajaj Auto and M&M (FES) reported better than expected numbers while Tata Motors (CV) and Ashok Leyland (M&HCV) posted a muted performance. While CV’s […]
Ashok Leyland
Ashok Leyland closes FY17 with record revenues and volumes. Net Profit jumps 214% to 1,223 Cr
Chennai, May 25, 2017: Ashok Leyland, flagship of the Hinduja Group closed FY 17 with record revenues of 21,332 Cr and registered a 214 % jump in Net Profits. It posted a 11% EBITDA margin […]
Ashok Leyland
Nissan and Ashok Leyland to embark on new phase in business relationship
Nissan Motor Co. Ltd. and Ashok Leyland Ltd. today announced a restructuring agreement that will enable both companies to enter into a new phase in their business interaction. Nissan has agreed to sell to Ashok […]