Automotive
India Tata Motors Sees February Domestic Sales Drop 34%

(Bloomberg) — India’s Tata Motors Ltd. saw a 34% slide in domestic sales in February, as automakers were hit by the lack of supply of parts from China amid the coronavirus outbreak.
Total domestic sales stood at 38,002 units last month, falling from 57,221 during the same period a year ago, the company said in a statement. Total sales were 40,634 units, a 32.4% drop.
Total commercial vehicle sales were down 33% to 28,086, while passenger vehicle sales were down 31%, it said.
The outbreak of the deadly coronavirus in China and a recent fire incident at one of the company’s strategic vendors affected passenger vehicle production and wholesale volumes, Mayank Pareek, the president of Tata’s passenger vehicles business unit, said.
-
OER Magazines2 months ago
OER, February 25
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, February 2025
-
Economy1 month ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
Banking & Finance2 months ago
Sohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
Energy2 months ago
Oman Gets Its First Hydrogen Refueling Station
-
News2 months ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
News2 months ago
Oman Explores Semiconductor & EV Investments with EONH Private Holdings & Jetour Global
-
News1 month ago
Nothing Phone 3a and 3a Pro launches in the Middle East