For TMPV profitability declined primarily due to a sharp rise in commodity prices, which impacted revenue by nearly 4.5% in Q1 Tata Motors Passenger Vehicle’s (TMPV) domestic passenger vehicle business had a significant quarter as the volumes grew 46% compared to last year, comfortably beating the broader industry’s growth rate. Electric vehicles did even better, […]
The MD & CEO of the company Mr. Girish Wagh credited the quarter’s growth to a strong product portfolio, sharp execution, and discipline, while highlighting EV momentum. At its Q1FY27 earnings call held last evening, Mr. Wagh gave an indication of how the company managed rising costs while betting big on both electric vehicles and […]
Tata Motors Passenger Vehicles Ltd. has achieved a major festive milestone, delivering over 1 lakh vehicles during the 30-day period from Navratri to Diwali, marking a robust 33% growth compared to the same festive window last year. Mr. Shailesh Chandra, Managing Director and CEO, Tata Motors Passenger Vehicles Ltd., said the company’s SUV lineup continued […]
Kia India, one of the country’s leading premium carmakers, has announced key leadership appointments to further accelerate its growth and strategic direction in the Indian market. The company has named Mr. Sunhack Park as Chief Sales Officer (CSO) and Mr. Joonsu Cho as Chief Business Officer (CBO), marking a significant step in its leadership evolution. […]
Maruti Suzuki’s Super Carry has established itself as a strong contender in the Small Commercial Vehicle (SCV) segment, consistently growing its market presence since its launch. In this conversation with N. Balasubramanian, Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, sheds light on the Super Carry’s performance, market strategy, and future […]