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Thursday, August 30, 2007
[30/08/2007] Calls...
Ashok Leyland, Nissan form partnership
Ashok Leyland Ltd and Nissan Motor Co have formed a partnership to make light commercial vehicles, the two companies said on Wednesday.
The companies would form three ventures for vehicle manufacture, powertrain manufacture and technology development, they said in a joint statement.
The vehicle manufacturing venture will be majority-owned by Ashok Leyland and have an annual production capacity of more than 1,00,000 units in India, it said
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