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The auto major had reported a net loss of Rs 4,442 cr, attributable to shareholders of the company, in the July-September period of the last fiscal
On account of the ongoing semiconductor shortage the rating agency has downgraded growth forecast from 14-17% to 8-11%
Hopes of recovery amid festive season has proven to be unsuccessful for auto industry as semi-conductor chip shortage continues to create trouble.
Whereas, passenger vehicles’ volumes may take a hit owing to the chip shortages
Sales of passenger vehicles (PV) in India fell 41% to 160,070 units in Sept
Pent-up demand along with base effect and low interest rates accelerated India' domestic PV sales on a year-on-year and sequential basis in July.
Automobile demand in June has remained skewed in favour of passenger vehicles (PVs) and tractors, said Motilal Oswal Financial Services (MOFSL) in a...
The company had said that its passenger vehicles business has been valued at Rs. 9,417 cr