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| | Ashok Leyland eyes China JV for trucks : HindustanTimes.com (Site not responding. Last check: 2007-10-23) |
 | | Ashok Leyland Ltd, India's No 2 bus and truck maker, is poised to form a joint venture with a Chinese firm to make pickups to meet growing domestic demand for light commercial vehicles, an executive said on Friday. |
 | | Leyland is spending Rs 4 billion ($88.4 million) to raise capacity to 100,000 vehicles a year by March 2008 from 67,000 now and to build a new line of engines and gear boxes. |
 | | Leyland, which aims to sell 70,000 units in the year to March, is focusing on exports to help balance cyclical downturns, looking to increase export earnings to 15 per cent of the total in the coming years from 12 per cent now, he said. |
| www.hindustantimes.com /2005/Dec/04/181_1537137,00020013.htm (649 words) |
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