Ashok Leyland shelves car project

No small car for Ashok Leyland. The company to focus on commercial vehicle segment.

 Ashok Leyland has decided not pursue its compact car project any further. The company, along with its joint-partner Nissan, had earlier decided to explore the possibility of bringing out a car that would target the compact market.

 
A senior Hinduja Group executive attributed this to the intense competition in the compact car segment. Ashok Leyland’s decision to stay away from the car business may be a wise move, as it has just entered into an increasingly competitive segment of light commercial vehicles with its LCV, the Dost. It would rather utilise its resources to get a foothold in a business which is an extension of its core M&HCV business, rather than venture into a new territory altogether.
 
The Group is also learnt to be looking at new opportunities for business from the aviation industry. The Hinduja-owned Defiance Technologies is scouting for a partnership or acquisition in this space, and an announcement in this regard may come in three to four months.
Copyright (c) Autocar India. All rights reserved.
We’ve driven Honda’s new Jazz, Fiat’s new 500 Abarth, Maruti’s new Alto K10 and a whole load of other new cars in this month’s issue of Autocar India.
What's in this issue?

comments powered by Disqus

Ashok Leyland shelves car project

notSet

Most Read
Latest News
Jaguar Land Rover to make more Special Operations vehicles
JLR’s SVO division will deliver more halo vehicles like the Range...
1 day 7 hours ago   1 picture
Nissan Evalia Special Variant launched
Sportier-looking Evalia Special Variant is priced at Rs 11.62 lakh...
1 day 8 hours ago   1 picture
BMW M3, M4 to launch in India on November 26
Both cars are powered by a 3.0-litre BMW M twin-turbo six-cylinder petrol...
1 day 10 hours ago   2 pictures
New cars for 2015: Sedans
In the market for a new car? Here's a list of all the sedans you can choose...
1 day 12 hours ago   1 picture
New Tata compact cars coming in 2015
New Tata "Kite" to replace Indica; will come with a new 1.05-litre diesel...
1 day 15 hours ago   3 pictures

Autocar Magazine

Issue: 183 | AUTOCAR INDIA – NOVEMBER 2014

We’ve driven Honda’s new Jazz, Fiat’s new 500 Abarth, Maruti’s new Alto K10 and a whole load of other new cars in this month’s issue of Autocar India.
Autocar Magazine
Latest Poll
Which one of these luxury small SUVs would you buy?



or View results
Audi Q3
  39%
 
Mercedes-Benz GLA
  49%
 
BMW X1
  12%
TOTAL VOTES: 981

Vote now
View previous Polls »