Leyland to join hands with Nissan

Leyland to join hands with Nissan
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First Published: Wed, Jan 09 2008. 11 57 PM IST
Updated: Wed, Jan 09 2008. 11 57 PM IST
New Delhi: In another indication of the growing engineering expertise of Indian auto makers, Ashok Leyland Ltd, India’s second largest truck maker by sales, said it has indigenously developed a light commercial vehicle (LCV) engine for a proposed joint venture with Nissan Motor Co. The announcement comes in the wake of Bajaj Auto Ltd’s announcement that it would launch in the next two to four years, a small car with a locally developed engine in association with Renault and Nissan. The engine will be for a truck with a carrying capacity of 1.5 tonnes that the joint venture plans to make in India, said R. Seshasayee, managing director of Ashok Leyland. The other two trucks (2-tonne and 3-tonne carrying capacity) the venture will make will have Japanese engines. Ashok Leyland started scouting for a partner to enter the LCV market only after it had developed the engine on its own, and ensured that this would meet new emission norms which will come into force from 2010, Seshasayee said. The Andhra Pradesh and Tamil Nadu state governments have offered fiscal incentives for the plant.
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First Published: Wed, Jan 09 2008. 11 57 PM IST
More Topics: Nissan | Leyland | Auto Makers | Trucks | LCV |