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Ashok Leyland to spend 'normal' capex of Rs 600-750 crore in FY24 after two years of tightening

Ashok Leyland to spend 'normal' capex of Rs 600-750 crore in FY24 after two years of tightening

Shahkar Abidi     calendar23 May 2023

According to Shenu Agarwal, the development should be viewed in the context of the industry's volume growth trends, which will now necessitate some debottlenecking to improve operational efficiency.

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Ashok Leyland Q4 PAT down 17% at Rs 751 crore News
Ashok Leyland Q4 PAT down 17% at Rs 751 crore

autherAutocar Professional Bureau calendar23 May 2023

The company had posted a PAT of Rs 901 crore in the same quarter year ago. 

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Tata Motors to deliver 50 Magna 13.5-metre buses to Vijayanand Travels News
Tata Motors to deliver 50 Magna 13.5-metre buses to Vijayanand Travels

autherAutocar Professional Bureau calendar23 May 2023

The 13.5-metre Tata Motors Magna bus is equipped with the futuristic Cummins 6-cylinder engine, ABS and anti-roll bar ...

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Iveco to power German supermarket chain’s 700 diesel truck transition to LNG News International
Iveco to power German supermarket chain’s 700 diesel truck transition to LNG

autherAutocar Professional Bureau calendar23 May 2023

Iveco to convert EDEKA’S entire 700-vehicle company fleet from diesel to BioLiquified Natural Gas (LNG) propulsion by ...

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Fuso begins production of new eCanter from Portugal plant News International
Fuso begins production of new eCanter from Portugal plant

autherAutocar Professional Bureau calendar23 May 2023

Mitsubishi Fuso Truck Europe plant in Tramagal, Portugal begins rolling out next-gen eCanter; total of 42 variants wit...

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Continental Tires and Indag Rubber partner for retreading of truck and bus radials News National
Continental Tires and Indag Rubber partner for retreading of truck and bus radials

autherAutocar Professional Bureau calendar23 May 2023

Continental Tires becomes the only brand in India that offers casing warranty and retread warranty; retreading service...

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Volvo gets record order for up to 1,000 electric trucks News International
Volvo gets record order for up to 1,000 electric trucks

autherAutocar Professional Bureau calendar22 May 2023

The first 130 heavy electric Volvo FH and Volvo FM trucks will be delivered to markets including France, Germany, Swit...

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SC dismisses Tata Motors' appeal against BEST e-buses tender News
SC dismisses Tata Motors' appeal against BEST e-buses tender

autherAutocar Professional Bureau calendar19 May 2023

BEST had earlier disqualified Tata Motors' bid as "technically non-responsive," and awarded the contract to Hyderabad-...

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SC dismisses Tata Motors' appeal against BEST e-buses tender News
SC dismisses Tata Motors' appeal against BEST e-buses tender

autherAutocar Professional Bureau calendar19 May 2023

BEST had earlier disqualified Tata Motors' bid as "technically non-responsive," and awarded the contract to Hyderabad-...

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Autocar Professional’s May 15, 2023, issue is out! News
Autocar Professional’s May 15, 2023, issue is out!

By Chandan B Mallik calendar19 May 2023

The highlight of the issue is about a possible revolution taking place in India’s automotive and energy sector with si...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.02%

No

 

34.98%

Total Votes : 869