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As domestic commercial vehicle sales continue to decline amid macroeconomic headwinds and stiffer competition, Tata Motors’ India business is expected to have a negative impact on the company’s financial results in yet another quarter. This is also as Tata’s own branded passenger vehicle volumes are declining. In fact, the company’s volumes in India fell 18.75% year over year between April and September, while overall market volumes rose by 4.25% during this period.
from Forbes Real Time http://onforb.es/1zQVyXY
As domestic commercial vehicle sales continue to decline amid macroeconomic headwinds and stiffer competition, Tata Motors’ India business is expected to have a negative impact on the company’s financial results in yet another quarter. This is also as Tata’s own branded passenger vehicle volumes are declining. In fact, the company’s volumes in India fell 18.75% year over year between April and September, while overall market volumes rose by 4.25% during this period.
from Forbes Real Time http://onforb.es/1zQVyXY
