Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors aims third spot in passenger car segment: Report

Date: 28-08-2017

Automobile major Tata Motors is reportedly aiming to move to ‘third position’ in terms of the passenger vehicle (PV) market in a year or two. In this regard, the company is focusing on new launches along with strengthening of its distribution network.

In terms of passenger vehicle, the volumes have gone up and the company’s market position in the segment improved to fifth from seventh or eighth.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.