March 27, 2018 / 8:21 AM / a month ago

BRIEF-India's Ashok Leyland To Increase Prices Of Vehicles By Minimum Of 2 Pct

March 27 (Reuters) - Ashok Leyland Ltd:

* SAYS COMPANY WOULD BE INCREASING PRICES OF ITS ENTIRE RANGE OF VEHICLES BY A MINIMUM OF 2 PERCENT

* SAYS ‍INCREASE IN PRICE IS OWING TO RISING INPUT COSTS AND IMPLEMENTATION OF AIS 140 REGULATION​

* SAYS PROPOSED PRICE INCREASE WILL BE EFFECTIVE APRIL 1 Source text - Ashok Leyland, flagship of the Hinduja Group, today announced that the Company would be increasing prices of its entire range of vehicles by a minimum of 2%. This increase in price is owing to rising input costs and implementation of AIS 140 regulation. The proposed price increase will be effective April 1, 2018. Further company coverage:

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