2025-04-15Niranjan Ghatule
The Federation of Automobile Dealers Associations (FADA) released its FY’25 and March’25 vehicle retail data, revealing nuanced growth across segments, shifting OEM market dynamics, and accelerating electric vehicle (EV) adoption. Here’s a detailed breakdown:
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2025-04-01Niranjan Ghatule
This article provides an in-depth analysis of commercial vehicle sales performance for March 2025, covering both domestic and export markets. The report highlights key trends, including growth in the M&HCV segment, challenges in LCV sales, and overall cumulative performance compared to the previous year.
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2025-03-27Niranjan Ghatule
This article provides insights into Ashok Leyland’s latest business developments, focusing on its EV segment, financial performance, and future growth prospects. It covers key points shared by Shenu Agarwal, including challenges in the UK’s EV market, Switch India’s expected breakeven in FY26, and the progress of the Hinduja Leyland IPO.
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2025-03-26Niranjan Ghatule
This article explores Ashok Leyland's potential acquisition of a majority stake in SML Isuzu. The deal may involve purchasing over 40% of SML Isuzu’s shares from Sumitomo Corporation, positioning Ashok Leyland as the majority shareholder. The article highlights the strategic implications, market impact, and potential benefits of this acquisition.
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2025-02-19Niranjan Ghatule
Ashok Leyland, a leading commercial vehicle manufacturer, has announced that it has secured an order for supplying 320 BS VI Diesel Fuel Type 12M Low Floor Fully Built Buses to Tamil Nadu State Transport Corporation (TNSTC). The order, awarded through a standard tender process, is valued at approximately ₹297.85 crore and is expected to be executed between June 2025 and August 2025.
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2025-02-12Niranjan Ghatule
Ashok Leyland reported a 32% YoY increase in standalone net profit for Q3, reaching ₹762 crore, surpassing expectations. Revenue rose by 2.7% YoY to ₹9,478 crore, with EBITDA at ₹1,211 crore and margins at 12.8%.
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