Tuesday, May 12, 2020

Is TVS Motors and TVS Ashok Leyland different from each other ?

Phillip Modafferi: NO both both are different. TVS motors deals in two wheelers and Ashok leyland deals in Commercial Vehicles. TVS Motor Company was established by Shri. T V Sundaram Iyergan in 1911. Its two manufacturing plants are at Mysore and Hosur, near Bangalore. Mr. Raghunandan Saran founded Ashok Motors in Madras (which is now Chennai), for the assembly of Austin cars. British Leyland picked up an equity stake, in 1955, and the company's name was changed to Ashok Leyland. In 1987, the Hinduja Group and Iveco, the commercial vehicles arm of Fiat of Italy, gained a controlling stake in Ashok Leyland....Show more

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