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In 2007, the Hinduja Group bought out Iveco's indirect stake in Ashok Leyland. [14] The promoter shareholding now stands at 51%. Today the company is the flagship of the Hinduja Group, a British-based and Indian originated trans-national conglomerate. Ashok Leyland launched India's first electric bus and Euro 6 compliant truck in 2016. [15]
Today, Ashok-Leyland is pursuing a joint venture with Nissan, and through its acquisition of the Czech truck maker, Avia, is entering the European truck market directly. With its purchase of a 26% stake in UK-based bus manufacturer Optare in 2010, Ashok Leyland has taken a step closer to reconnecting with its British heritage, as Optare is a ...
It sells performance auto parts, aftermarket accessories, tools, and race apparel. JEGS was founded by Jeg Coughlin Sr. in 1960 as a small speed shop. [1] Jeg's remained family owned and operated until 2022 when a majority stake of the company was purchased by Greenbriar Equity Group .
Ashok Leyland ; Asia MotorWorks (AMW) (India) Daimler India (India) Eicher Motors (India) Force Motors (India) GA - 45% subsidiary of Tata Motors; Hindustan Motors (India) Mahindra Truck and Bus Division (India) MAN Truck & Bus (left in 2018 [2]) Premier Automobiles (India) Scania (India) SML Isuzu Limited (SMLI) (India) Tata Motors (India)
Chennai is nicknamed the "Detroit of Asia" [1] due to the presence of major automobile manufacturing units and allied industries around the city.. A number of big motor companies has presence along the 60 km Automotive Corridor which includes BMW, Ford, Hyundai, Renault-Nissan, Mitsubishi, Caparo Group, Komatsu, Caterpillar, Ashok Leyland, TVS, and others.
The Atlas is known also as the Nissan Cabstar, Renault Maxity, Samsung SV110/Yamuzin and Ashok Leyland Partner depending on the location. The range has been sold around the world. The range has been sold around the world.
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