India: Ashok Leyland rules out foray into car segment

Indian commercial vehicles manufacturer Ashok Leyland has ruled out any foray into the passenger car segment. The company's Managing Director, Vinod Dasari, refuted recent media speculation that the company intended to enter the car segment. He said that the company would only diversify into related segments. "I do not think we will Subscribe to Automotive … Continued

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• April 20, 2012