Tata Motors PV Business Surges Despite Margin Pressure as JLR Feels the Strain
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, […]
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