Auto giant Tata Motors after releasing quarterly results on Thursday said that it is expecting the global demand to remain muted, with gradual improvement in domestic demand during the rest of the year. The confidence comes after the auto major observed a dip of 11 per cent in domestic sales for the month of July. … Read more
New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more
Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of Rs 17,528 crore in the three months ended … Read more
The Indian automobile industry created history in November 2023 after a collective sale of 28.54 lakh vehicles in the month, surpassing the previous high of March 2020, which witnessed a sale of 25.69 lakh vehicles during the onset of BS6 emission norms. While Maruti Suzuki retained its position as the top-selling car manufacturer in the … Read more