* Ashok Leyland: Driving into future, to push the envelope in products and technology
Guindy,Chennai,India -The Business Standard, by T. E. Narasimhan -Aug 30, 2012: -- From all accounts, Ashok Leyland (AL), one of India’s leading bus makers, is in cruise control. It has an oversized share of the market at 41.78 per cent, and, along with Tata, which has 41.94 per cent, rules the universe of buses in India... Moreover, Ashok Leyland has a considerable advantage over the smaller players — especially from abroad, like Volvo or Isuzu — with its strong distribution network of 420 nationwide dealers, enviable brand identity, good relations with state transport corporations as well as local sourcing partners... Yet, AL has decided it needs to push the envelope in products and technology. It has done so by buying a 75 per cent stake in British bus manufacturer Optare, in December 2011, with the intention of bringing its flagship bus, Solo, described as a low-floor midibus, to the Indian market. The bus will hit Indian roads in the next few months... This could turn out to be a savvy move. Sometimes, proactive policies while in a position of strength can do wonders to check problem spots that often germinate into full-fledged disasters...
* Chennai - Ashok Leyland wins another order from Bangladesh for 88 AC buses
Guindy,Chennai,India -Busworld (Belgium) -16 Aug 2012: -- Ashok Leyland announced the winning of an order from Bangladesh Road Transport Corporation (BRTC) for 88 air-conditioned buses for a value worth US$ 6.5 million under the Indian Line of Credit (LoC) scheme offered for the improvement of urban transportation in that country. This order comes close on the heels of the recent order to supply 50 vestibule buses to BRTC... This order will add to the 11,000+ vehicles (of different models) that have been exported to Bangladesh. Ashok Leyland’s international operations touched a new peak last year with a volume of 12,852 vehicles reflecting a growth of 25%...
* Chennai - Ashok Leyland to ink three overseas joint ventures
Guindy,Chennai,India -Busworld (Belgium) -19 Aug 2012: -- Bus maker Ashok Leyland will be sewing up at least three overseas joint ventures in the next two to three months, as it looks to consolidate its presence in new geographies, according to reports in the Indian press. It is in the final stages of inking joint ventures in Indonesia, Chile and Nigeria, with the company keeping a majority holding in each of these partnerships.
While Ashok Leyland will be exporting the kits, the foreign partners will be responsible for assembling and marketing the buses... The company expecting the new joint ventures to give a significant push to its overseas sales...Labels: busmakers news worldwide
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