Published On:October 6 2009
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Ashok Leyland plans joint venture in Argentina
Chennai: Commercial vehicle manufacturing company, Ashok Leyland, is planning to set up a joint venture in Argentina.
The firm is disucssing with Grupo Plaza in Argentina for setting up a plant.
The proposed joint venture will produce buses and trucks in Argentina.
Grupo Plaza (the Plaza Group) is a large public transportation company in Argentina. It owns both inter-city and intra-city buses.
It has four companies operating long distance buses and twenty intra-city bus services. In addition, it also operates train services.