Hyundai Motor India reported a 19% decrease in its third-quarter profit, with earnings dropping to ₹11.61 billion from ₹14.25 billion the previous year. This decline is attributed to a 2.4% reduction in total car sales, influenced by a 7.5% decrease in exports due to the Red Sea crisis affecting the Middle East market. Domestic sales […]
Tata Motors, India’s leading electric vehicle manufacturer, plans to leverage locally-produced batteries to maintain its competitive edge as new entrants like JSW MG Motor, Mahindra & Mahindra, and Hyundai Motor launch their EVs in India.