Ashok Leyland moves to cut liability; lower costs

Indian commercial vehicle manufacturer Ashok Leyland has embarked on a mission to cut its liabilities. In this regard, the OEM plans to raise Rs5bn (US$84m) through the sale of assets. In further cost cutting efforts the OEM is moving to cut wages as well. These measures could help reduce the Subscribe to Automotive World to … Continued

• By Webmaster
• July 23, 2013