Indian commercial vehicle manufacturer Ashok Leyland has announced the sale of its testing and engineering services company in the US in a move aimed at cutting debt further. The OEM acquired Defiance Testing & Engineering Services (DTE), located near Detroit, Michigan, in 2007 for more than Rs700m. The company has been Subscribe to Automotive World … Continued
Indian commercial vehicle manufacturer Ashok Leyland has announced the sale of its testing and engineering services company in the US in a move aimed at cutting debt further. The OEM acquired Defiance Testing & Engineering Services (DTE), located near Detroit, Michigan, in 2007 for more than Rs700m.
The company has been
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https://www.automotiveworld.com/articles/ashok-leyland-continues-offloading-non-core-businesses/
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