Sunday, August 11, 2024

Global demand muted; gradual improvement expected in domestic market: Tata Motors

Tata Motors recorded a net profit of Rs 5,566 crore for the June quarter but expects international demand to remain low. Domestically, demand is anticipated to recover slowly, supported by new product launches and the festive season. The company is also focused on reducing costs and accelerating retail sales despite high inventory challenges.

from Auto-Industry-Economic Times https://ift.tt/mC4rTVa

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