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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Carmakers have put down recent price hikes to inflation. In reality, the increases are driven by vehicle demand rather than input costs, especially for Tata Motors.
Tata Motors has announced yet another price increase this week. This follows a long line of price hikes announced right through 2022 and 2023. The company has been at the forefront of raising prices compared to other carmakers such as Maruti Suzuki (four price hikes since the start of last year) and Mahindra (three price hikes since the start of last year, besides selective increases in a couple of models this year).
In April, while announcing yet another price hike, the company said: “Tata Motors has been absorbing a significant portion of the increased costs on account of regulatory …
FY26 numbers for the three major CV makers show resilience and all-around growth. This doesn’t look anything like the undifferentiated sector it once was.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.
