More Ashok Leyland news here, and the claim that the Indian OEM is looking to 'de-risk its business model'.

Interestingly, amongst those new territories likely to be targeted by Ashok is Russia. We're already seeing something of a squeeze being placed upon existing local OEMs here, with high end European products from one side, and low tech Chinese from the other. Quite what a concerted attack from India would do remains to be seen.

In other news, Ashok has made a strategic investment in the German emissions specialist Albonair. We don't know the details as yet, but think Euro IV and India some time soon.