Sunday, August 7, 2022

Tata Motors to buy Ford Gujarat plant for Rs 750 crore

The takeover of the Gujarat plant will offer much-needed capacity for Tata Motors, which has set its sights on crossing half a million annual sales this financial year, up from 370,400 in FY22. The company is currently operating at 85-90% capacity and to sustain this momentum it will need fresh capacity.

from Auto-Industry-Economic Times https://ift.tt/0u4Y8X1
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...