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.
Tata Motors said for Q2FY23, it had earned an operational revenue of Rs 78,846.92 crore (last year Q2 Rs 60,435.92 crore) and a net loss of Rs 898.35 crore (Rs 4,415.54 crore).
Automobile major Tata Motors Ltd on Saturday said it will be increasing the prices of its passenger vehicles effective from November 7.
According to Tata Motors, it will supply 150 units of 9-metre and 50 units of 12-metre Starbus electric buses as part of Jammu & Kashmir's initiative for environmentally-friendly public transportation.
“It may take some more time to reach the previous peak in terms of volume but at the same time, I think in terms of payload, we should reach that earlier, because higher payload vehicles are being sold more today as compared to FY19”
Tata is the smallest sports utility vehicle in the company’s India line-up.
