Automotive
Tata Motors bucks trend of declining sales
30 Jan 2022
“Tata Motors is doing many things right,” said Sanjeev Garg,
practice leader, automotive, Praxis Global Alliance. “The demand for SUVs is
rising and Tata Motors has a great line-up in the Punch, Nexon, Harrier and
Safari — covering the Rs 5 lakh to Rs 20 lakh segment. It is also working on an
SUV that fits between the Nexon and the Harrier. The Altroz premium hatchback
is selling well too. Going forward, they can get additional volumes of 4,000-5,000
just from their EV business (which Hyundai will not have). Tata Motors also
doesn’t have production capacity challenges.”
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