Car sales inch in July after a two -month malaise; Industrial pins hopes for festive cheers

The sale of domestic passenger vehicles rose by around 1%in July, which marked a slight recovery after two consecutive months of decline, in the midst of continuing slow consumer demand. Companies are cautiously optimistic that sales will continue to accelerate during the coming festive season, starting with Onam in August. No fewer than 348,000 cars, […]

No immediate impact of rare earth magnet deficit on EV -Lancings, Portfolio: Tata Motors

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles & Tata Passenger Electric Mobility The Indian Automaker Tata Motors stated on Tuesday that there would be no immediate impact of rare earth magnet scarcity on his vehicle portfolio. “Between the inventory, alternative sources, I believe that things are going well. We will have to wait for […]