Diabytes
Tata Motors cars News
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Tata Motors is offering discount on sale of passenger cars up to Rs 30,000 across the country.
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Tata Motors, part of India`s Tata group, defended its strategy for producing the $1,500 Nano but shied away from commenting on the loss-making car`s future, after the conglomerate`s ousted chairman said there were emotional reasons for not shutting down production.
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Targetting to become the third biggest passenger vehicle maker in India by 2019-20 after Maruti Suzuki and Hyundai, homegrown auto major Tata Motors is lining up a slew of new products, including a compact SUV, premium hatchback and an executive sedan.
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The profitability of the struggling domestic unit of Tata Motors, especially that of its passenger car division, depends on the success of the newly launched sedan Zest and the forthcoming roll out Bolt, says global rating agency Moody's.
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