Ashok Leyland is reportedly holding talks with Grupo Plaza of Argentina to
set up a manufacturing JV there.
The JV is likely to be for manufacturing buses and trucks in Argentina.
According to sources, the talks are in preliminary stages.
Grupo Plaza (the Plaza Group) is a large public transportation company in
Argentina. The company 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.
Also See:
Economic turbulence to delay Ashok Leyland-Nissan JV (16-May-09)