Ashok Leyland ties-up with Nissan to make commercial vehicles

29 Aug 2007

1

Mumbai: India''s second largest truck and bus manufacturer, Ashok Leyland Ltd, has partnered Nissan Motor Co, to jointly make light commercial vehicles (LCVs).

The partnership would see the formation of three ventures for vehicle manufacture, power-train manufacturing, and technology development.

Ashok Leyland will hold the majority stake in the vehicle manufacturing venture, which will have an annual production capacity of over 100,000 units in India.

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