Tata Motors global wholesales slide 11% in Q2
Global wholesales of its commercial vehicles, including the Tata Daewoo range, hit 86,133 units in Q2 FY25
Global wholesales of its commercial vehicles, including the Tata Daewoo range, hit 86,133 units in Q2 FY25
M&M sold just 39 fewer cars than the country's second-largest carmaker Hyundai Motor India in September.
The manufacturing plant is expected to produce vehicles for Tata Motors and JLR, catering to the requirements of both Indian and international markets.
Tata Motors expects CNG vehicle sales to grow faster than electric vehicles. CNG-powered vehicles accounted for 16% of Tata Motors' sales in FY24.
Tata Motors' Punch pulled ahead of rivals to emerge as the top-selling car this year.
The price of the Nexon EV has been reduced by up to ₹3 lakh and the Punch.ev has seen a price cut of ₹1.2 lakh.
India has recently overtaken the U.K. and South Korea to become one of the top five countries with the largest corporations in the world.
The passenger vehicle industry is estimated to have clocked wholesales of 350,000-355,000 units in August
Tata Motors' two-notch rating upgrade with a positive outlook follows the company's sustained track record in achieving revenue growth, improving profitability and reducing debt, says Moody's.
Curvv EV offers a real-world range of 400-425km with its largest battery pack of 55kWh, says Tata Motors.