Ashok Leyland Registers 33% YoY Growth In Q3FY25
- By Gaurav Nandi
- February 12, 2025

Ashok Leyland registered an export volume of 4,151 units in Q3 FY25 against 3,128 units in the same period last year, achieving a year-over-year growth of 33 percent, informed Chairman Dheeraj Hinduja during the company’s quarterly results announcement.
Commenting on factors that influenced such growth, Hinduja told Motoring Trends, “Our traditional markets remain strong, particularly the GCC—UAE and Saudi Arabia continue to show solid momentum. We’ve also made steady gains in Africa, while the SAARC region presents emerging opportunities. That said, the bulk of our export growth is coming from the GCC.”
He added, “Expanding our export footprint has been a long-term strategy. Years ago, we ensured all new models included LHD variants, moving beyond our initial focus on buses. Today, our exports feature a balanced mix of buses and trucks.”
The commercial vehicle manufacturer delivered another record-breaking Q3, reaffirming its focus on profitable growth. The company reported an all-time high net profit of INR 7.62 billion, marking a 31 percent increase year-over-year. EBITDA also reached a record INR 12.11 billion with margins expanding to 12.8 percent from 12.0 percent in Q3 FY24, maintaining double-digit EBITDA for the eighth consecutive quarter. Revenue climbed to a new high of INR 94.79 billion, up from INR 92.73 billion in the same period last year.
Ashok Leyland also turned cash positive at the end of the quarter, reporting a net cash position of INR 9.58 billion, a sharp turnaround from a net debt of INR 17.47 billion in the previous year.
Beyond core operations, Ashok Leyland’s defence, power solutions and aftermarket businesses continue to perform well, further strengthening the company’s diversified growth strategy.
Commenting on the performance, Hinduja noted, “The steady progress we are making in profitability is backed by products that deliver superior performance coupled with robust customer engagement. Sales in international markets are showing strong growth, and we expect this momentum to accelerate with the launch of new products. I compliment the management and all our team for delivering a record breaking Q3 for the second year in a row. We are also continuing to invest in battery electric and alternate fuel products to maintain our technology leadership position. Switch has a healthy order book and has plans to come out with a series of products in the next 12 months.”
Speaking on the same lines, Managing Director Shenu Agarwal said, “Relative to Q2, the MHCV market has revived significantly in Q3, and is expected to improve further as we enter the last quarter. Our focus remains on profitable growth through product premiumization, cost leadership, better service reach and enhanced value-added services. Non-CV businesses have done well and offer more headroom for growth. We remain optimistic about the growth of the CV industry in the medium and long term as macroeconomic factors continue to be favourable.”
Tata Motors Launches LPO 1822 Bus Chassis
- By MT Bureau
- October 14, 2025

Tata Motors Commercial Vehicles, one of India’s leading players in the commercial vehicle segment, has unveiled what it claims is its most advanced intercity platform yet – the all-new Tata LPO 1822 bus chassis.
The Tata LPO 1822 is said to provide a superior ride experience through its full-air suspension and low NVH (Noise, Vibration and Harshness) attributes – ensuring a fatigue-free journey for passengers and drivers alike. It is available in flexible configurations ranging from 36-seaters to 50-seaters and sleeper layouts.
Anand S, Vice-President and Head – Commercial Passenger Vehicle Business, Tata Motors Commercial Vehicles, said, “India’s intercity transport ecosystem is undergoing a transformation, driven by rising connectivity and growing passenger expectations. The Tata LPO 1822 is an advanced product – combining superior ride quality, robust engineering and intelligent features to deliver unmatched value. It is a win-win for passengers, drivers and fleet owners – elevating comfort, enhancing safety and improving profitability.”
The LPO 1822 is powered by a 5.6-litre Cummins diesel engine, which delivers 220hp and 925Nm of torque. The chassis also serves as the underpinning for the fully built Tata Magna Coach.
As part of aftersales peace-of-mind, the LPO 1822 comes with a complimentary four-year subscription to Fleet Edge, Tata Motors’ next generation connected vehicle platform, which provides real-time diagnostics, predictive maintenance and data-driven fleet optimisation.
TRATON Group Sales Drop 16% In Q3 CY2025
- By MT Bureau
- October 13, 2025

European commercial vehicle major the TRATON Group saw a 16 percent decline in unit sales YoY in Q3 of CY2025, amidst a market environment.
Based on preliminary figures, the group sold 71,400 vehicles in Q3 CY2025, down from 85,300 in the same quarter last year. Unit sales for the first nine months of 2025 amounted to 224,500 vehicles, a 9 percent decrease. Sales of all-electric vehicles rose by 55 percent in the quarter to 820 units.
Scania Vehicles & Services recorded a 1 percent drop in unit sales in Q3 CY2025. Sales in Europe offset decreasing unit sales in Brazil, where the market continues to have high dealer inventory levels and rising interest rates.
MAN Truck & Bus increased its unit sales by 24 percent in Q3 CY2025. Truck sales increased YoY despite the European truck market. Sales of buses and MAN TGE vans supported the increase.
International Motors saw a 57 percent decrease in unit sales compared to the prior-year quarter, when a delivery backlog caused by a plant fire was resolved. The US truck market remains weak, with tariff-related uncertainties and a freight recession continuing.
Volkswagen Truck & Bus (VWTB) recorded a 4 percent decrease in unit sales in Q3 CY2025. The slowdown in the Brazilian market is impacting VWTB, although South American markets such as Argentina, Chile, Colombia and Peru show trends of growth. VWTB increased unit sales by 3 percent in the first 9-months of 2025 due to a strong Q1.
Brand | Q3 2025 Unit Sales | Change | 9M 2025 Unit Sales | Change |
TRATON GROUP | 71,400 | –16% | 224,500 | –9% |
Scania Vehicles & Services | 21,500 | –1% | 68,400 | –8% |
MAN Truck & Bus | 24,600 | 24% | 71,700 | 4% |
International Motors | 13,400 | –57% | 48,000 | –28% |
Volkswagen Truck & Bus | 11,900 | –4% | 36,700 | 3% |
- Tata Motors
- Tata Motors Commercial Vehicles
- Tata Prima E.55S
- Rajesh Kaul
- Enviiiro Wheels Mobility
- Praveen Somani
- Inland World Logistics
Tata Motors Begins Delivery Of Electric Prime-Mover To Enviiiro Wheels
- By MT Bureau
- October 09, 2025

Tata Motors Commercial Vehicles has commenced delivery of the Tata Prima E.55S battery electric prime-mover to Enviiiro Wheels Mobility, a provider of commercial transport solutions for the power, mining, cement and steel sectors.
The first batch of the fleet was handed over today in Chittorgarh, Rajasthan. The heavy-duty, zero-emission trucks will transport minerals and ores.
The Prima E.55S features an integrated e-axle and regenerative braking for range. The vehicle offers a range of up to 350 km on a charge. It includes a 3-speed Auto Shift transmission with an e-axle for efficiency and performance and dual gun fast charging capability.
Safety features include a Driver Monitoring System, Lane Departure Warning, Tyre Pressure Monitoring System and Cruise Control, along with an Electronic Braking System and ADAS features. The Prima cabin includes a pneumatically suspended seat and tilt-and-telescopic steering wheel to boost driver productivity.
Praveen Somani, Managing Director, Enviiiro Wheels Mobility and Director, Inland World Logistics, said, “As a young company committed to making logistics sustainable, the addition of Tata Motors Commercial Vehicles’ advanced electric prime movers to our fleet marks a defining step towards decarbonised operations. With zero emissions, superior performance, and advanced safety and comfort features, the Prima E.55S is an ideal choice to support our customers’ net zero goals. Backed by Tata Motors Commercial Vehicles’ proven after-sales ecosystem, we are confident of building a future-ready fleet that sets new benchmarks in clean and efficient mineral and ore transportation.”
Rajesh Kaul, Vice-President & Business Head – Trucks, Tata Motors Commercial Vehicles, said, "We are delighted to deliver the first batch of Prima E.55S electric prime movers to Enviiiro Wheels Mobility. As the market leader in the trucks segment, Tata Motors Commercial Vehicles is proud to lead India’s transition to sustainable freight with advanced solutions. These robustly engineered vehicles align closely with Enviiiro Wheels’ sustainability goals, advancing greener operations while delivering long-term value.”
Hindustan Zinc Launches Electric Bulkers To Decarbonise Logistics
- By MT Bureau
- October 08, 2025

Hindustan Zinc (HZL), the world's largest integrated zinc producer, has taken a major step towards sustainable operations by deploying a fleet of 40 Electric Vehicle (EV) Bulkers at its Zinc Smelter Debari facility in Udaipur.
The company is deploying the EV bulkers in collaboration with Enviiiro Wheels Mobility under an extensive eight-year contract. These vehicles will be used to transport calcine (a by-product of the roasting process) from the Debari smelter to the company's integrated zinc-lead smelter in Chittorgarh. The first batch of 10 bulkers is already operational, with the remaining units scheduled for rollout in the coming months.
This initiative is a significant step in HZL's commitment to achieving Net Zero by 2050 or sooner. The transition to EVs complements the company's existing use of LNG and battery-powered trucks and its wider strategy of integrating renewable energy and advanced energy-efficiency measures.
Arun Misra, CEO, Hindustan Zinc, said, “We are embedding sustainability into the core of our logistics strategy to build an ecosystem that is clean, connected, and future ready. These electric mobility solutions are not just reducing our carbon footprint, but also unlocking operational efficiency, workforce safety, and long-term value - all aligned with our broader vision of decarbonising operations and enabling India’s green industrial growth.”
In a related move, HZL also signed a new Memorandum of Understanding (MoU) with Enviiiro Wheels Mobility to introduce electric buses for employee transportation at the Zinc Smelter Debari. This shift will further reduce the company's Scope 3 emissions and ensure a cleaner commute for its workforce.
Praveen Somani, CEO, Enviiiro Wheels Mobility, said, “Hindustan Zinc’s groundbreaking endeavour marks a pivotal moment in India’s manufacturing landscape. We stand committed to Hindustan Zinc’s vision of decarbonisation and believe that our green logistics solutions are instrumental to advancing India’s sustainability objectives. As part of our ongoing commitment with Hindustan Zinc, we’re proud to deploy 40 additional electric bulkers for Vedanta. We firmly believe that clean and eco-friendly mobility solutions will play a pivotal role in aiding industries to attain their sustainability goals”.
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