Friday, 22 July 2011

Ashok Leyland Nissan JV to introduce a passenger vehicle Dost mini van

While several global auto companies are trying to establish themselves in the light commercial vehicles segment, Hinduja Group flagship company Ashok Leyland has already announced that it would introduce passenger van through its joint venture partnership with Japanese auto maker Nissan Motors.
Ashok Leyland through its JV with Nissan Motor Company earlier this year unveiled their first Light Commercial Vehicle, Ashok Leyland 'Dost'. The vehicle would be produced in Ashok Leyland's Hosur manufacturing facility. The reports quoted Ashok Leyland Chairman Dheeraj G Hinduja as saying "I am happy to inform that the first of the series under this cooperation, unveiled as Ashok Leyland DOST, is planned for launch this year in the three tonne category. This will be followed by six tonne range and subsequently by an award- winning passenger mini van." Besides, their first product from Ashok Leyland-John Deere to produce construction equipment would be rolled out during this financial year. "The year 2011-12 should also see launch of the backhoe, first of the construction equipment range from the JV with John Deere. This will be followed by a wheel-loader," he said.

According to reports, it was mentioned that as part of enhancing its overseas presence, Vinod K Dasari, Managing Director, said they were developing several new markets particularly in Africa, West Asia, Russia. "Couple of months back, I visited Nigeria to explore the opportunities there," he said. He said the company witnessed a 47 percent jump on sale of commercial vehicles at 94,106 units during 2010-11. Besides, he also claimed that Ashok Leyland unveiled as many as 750 new models from the usual 250 new models every year. Exports also contributed 72 percent over previous year to 10,306 vehicles in 2010-11, he said, according to the report. 


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