As per the ratings agency, the passenger vehicle (PV) segment, which has clocked a 4 per cent growth in the ten months of the ongoing fiscal, is expected to grow "moderately" next fiscal.
The company, which sells small commercial vehicles (less than one-tonne load) both in cargo and passenger segments, expects to upgrade most of its products to meet BS VI emission norms by the end of this year.
Tata Motors Ltd is eyeing big business from electric buses after it bagged orders for supplying 255 units to various state transport unions across the country, a company official said on Wednesday.
Tata Motors Friday said its hatchback Tiago has crossed cumulative sales milestone of two lakh units in the domestic market.
British superbike brand Triumph Thursday launched new versions of Street Twin and Street Scrambler in India priced at Rs 7.45 lakh and Rs 8.55 lakh, respectively.
The company, which launched the first model under the Silver Wing -- CB300R motorcycle priced at Rs 2.41 lakh (ex-showroom) Friday, may look at introducing a new sales network under the range in the country.
Homegrown auto major Mahindra & Mahindra on Friday reported 11.44 per cent decline in standalone profit after tax (PAT) at Rs 1,076.81 crore for the third quarter ended December 31, 2018.
Domestic car sales were also down 2.65 per cent to 1,79,389 units as compared to 184,264 units in January 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) Friday.
Tata Motors Thursday reported a consolidated net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by asset impairment in its British arm Jaguar Land Rover (JLR).
Automobile dealers' body FADA Thursday said passenger vehicle (PV) retail sales in January increased by 33.97 per cent to 2,71,395 units as manufacturers continued to dole out year-end offers last month as well.
Italian super sports carmaker Lamborghini on Thursday launched Huracan Evo in India priced at Rs 3.73 crore.
Amid speculation over the future of Tata Motors' Nano, the company in January did not produce nor sell even a single unit of the small car, which was once dubbed as the 'people's car'.
The company, which sells popular models like City and Amaze sedans, currently has 350 facilities in 239 cities spread across the country and plans to have another 70 odd outlets over the next two years.
MG Motor India Monday said it has joined hands with State Bank of India to provide wholesale inventory finance to its dealers through the bank's advanced electronic lending product.
Bajaj Auto Monday reported 15 per cent increase in total sales in January at 4,07,150 units as against 3,53,147 units in the same month previous year. Motorcycle sales grew 21 per cent to 3,50,460 units, against 2,88,936 units in January 2018.