Tata Motors, India’s leading vehicle manufacturer, today announced that there will be a price increase across its commercial vehicle range, effective January 01, 2021. The steady rise in material and other input costs, impact of forex and transition to BS6 norms, have cumulatively escalated the cost of manufacturing vehicles. The company had thus far been absorbing the addition in costs[Read More…]
Frost & Sullivan’s recent research, Strategic Analysis of the Global Shared Mobility Market, 2030, forecasts that the gross market value of the sector will exceed $1 trillion by 2026, despite suffering a major setback due to the pandemic. The growing urban population and rising smartphone penetration are key factors driving the segment globally, followed by tightening emission norms and a shifting focus[Read More…]
Tata Motors, India’s largest commercial vehicle manufacturer, along with its channel partners, has announced the launch of its ‘Go Green’ initiative in line with its commitment to environment sustainability. Under this initiative, Tata Motors, in association with an NGO, will plant a sapling for the sale of every new commercial vehicle and for every new customer who gets their vehicle[Read More…]
Tata Marcopolo Motors Limited (TMML or JV), is a 51:49 JV formed in 2006 between the Company and Marcopolo S.A., one of the largest bus and coach manufacturers globally. Since its incorporation, the JV has introduced several innovative design and concepts helping redefine the premium bus body segment in India. The JV has manufacturing facilities in Dharwad and Lucknow[Read More…]
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