By revenue, Hyundai Motor is the third-largest passenger vehicle company in India, behind Maruti Suzuki and Mahindra and Mahindra, with revenues of ₹60,310 crore in 2022-23 and ₹52,158 crore for the 9-month period ended December 2023. With 13 models currently, Hyundai India has an overall market share of 14.6% in passenger vehicles, just ahead of … Read more
By: ANI | Updated on: 27 Jun 2024, 21:22 PM Analysts project a mixed performance with two-wheeler volumes showing resilience, while passenger vehicles and commercial vehicles are expected to see … Analysts project a mixed performance with two-wheeler volumes showing resilience, while passenger vehicles and commercial vehicles are expected to see slight declines. Read more … Read more
The company’s commercial vehicles (CV) unit, which has so far been the money-spinner for of the combined Tata Motors, will be able to invest its cash flows for its own strategic goals, they said. Meanwhile the passenger vehicles (PV) business, which has recently become self-sustainable, will focus on achieving 10% Ebitda (earnings before interest, taxes, … Read more