Tata Motors forecasts strong passenger vehicle sales growth, buoyed by a 32% retail sales jump in October.

Tata Motors expects strong growth in passenger vehicle sales this quarter, driven by year-end demand. October saw a 32% year-over-year increase in retail sales, reaching 4,83,159 units, while the 42-day festival period saw a 7% increase. Despite a 19% drop in September, the company plans to launch new electric models and boost infrastructure spending to improve demand and profitability.

November 17, 2024
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