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Ashok Leyland to roll-out multi-purpose vehicle 'Stile' early next year

15 Sep 2012 Evaluate

Ashok Leyland, commercial vehicle major is planning to introduce its multi-purpose vehicle (MPV) Stile early next year. It has developed Stile with the joint venture partner Nissan-Renault venture. The company has decided to launch more products on the Dost platform, which include Partner and other models, including a CNG vehicle.

The Stile, which is developed on the same Nisan Evalia platform, will have several changes from Ashok Leyland side. Whereas, Nissan is planning to present its MPV in league with Toyota Innova, the focus is on to cater to a different mass moving and family segment.

The company has sold 20,479 units of Dost since its launch a year ago, cornering market share of 31% in the eight States it operates that are in Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Maharashtra, Gujarat, Rajasthan and Goa.

Peers
Company Name CMP
Tata Motors 425.15
Ashok Leyland 157.05
Force Motors 17250.00
Olectra Greentech 1180.70
SML Mahindra 6261.55
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