BUSINESS

ALL is world’s third-largest busmaker

Ashok Leyland Ltd., the flagship of the Hinduja Group, has been ranked as the number three globally in the medium and heavy commercial vehicle (M&HCV) busmaker segment for the calendar year 2019.

During the period, ALL sold 23,100 buses, the company said in a statement.

The ranking is based on reports released by SIAM , OICA (Organisation Internationale des Constructeurs d’Automobiles) and IHS Markit, it added.

In January, ALL reported a 60% dip in its M&HCV truck sales to 5,072 units while M&HCV bus sales rose 42% to 2,682 units.

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