India/UK: Ashok Leyland takes 26% stake in Optare

Indian truck manufacturer Ashok Leyland has taken a 26% stake in UK bus manufacturer Optare plc. Ashok Leyland’s US$7.5m investment has been made to secure a long-term strategic partnership and exclusive manufacturing agreement. Founded in 1985, Optare’s product range includes ‘Low Carbon’ low-floor, mid-size buses, city buses and low-floor double-decker buses, … It’s time to …

Indian truck manufacturer Ashok Leyland has taken a 26% stake in UK bus manufacturer Optare plc. Ashok Leyland’s US$7.5m investment has been made to secure a long-term strategic partnership and exclusive manufacturing agreement.

Founded in 1985, Optare’s product range includes ‘Low Carbon’ low-floor, mid-size buses, city buses and low-floor double-decker buses, …

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