Tata Motors, Kia India to increase prices across passenger vehicles portfolio
Kia has sold 1.6 million units in India and overseas markets combined to date.
Kia has sold 1.6 million units in India and overseas markets combined to date.
Tata Motors on Monday announced it has received an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the ‘Tata LPO 1618’ diesel bus chassis.
At 9.39 a.m., Sensex was up 687 points or 0.83 per cent at 83,635 and Nifty was up 197 points or 0.78 per cent at 25,575.
Tata Motors on Sunday reported 8 per cent drop in total domestic sales at 70,006 units in the month of August, as against 76,261 units in the year-ago period.
At a time, when his dream project of Tata Motors small car factory in Singur started winding up due to land agitation, silently another and more specifically even bigger industry started taking shape.
The demise of the former chief minister Buddhadeb Bhattacharya came as a great shock to the people of the state.
India's homegrown automotive company Tata Motors launched its new vehicle Tata Curvv EV in the SUV segment on Wednesday with prices ranging from Rs 17.49 lakh to Rs 21.99 lakh (ex-showroom).
The company had reported a net profit of Rs 3,203 crore in the April-June quarter last year.
A flag-off ceremony was held at the facility here in the presence of UP Chief Secretary Durga Shanker Mishra and senior delegates from the country's largest commercial vehicle manufacturer.
Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra & Mahindra and BYD are emerging players in the Indian market.
