The outlook of Tata Motors Passenger Vehicles Ltd. (Tata Motors PVs) has been revised to negative from stable, citing a slower-than-expected recovery at its wholly owned subsidiary, Jaguar Land Rover Automotive PLC (JLR), according to the S&P Global Ratings.
The growth in FY25 is expected to be driven by higher Electric Vehicle (EV) sales supported by the Electric Mobility Promotion Scheme 2024, the expectation of interest rate cuts in the second half of FY25, and strong demand for new model launches.
Kyoto Prefecture [Japan], January 31 (ANI): If you were hoping to upgrade your Switch, the special Animal Crossing Switch is the only version to expect this year as Nintendo won't be releasing any new model.
Mumbai (Maharashtra) [India], Oct 8 (ANI): Against the backdrop of declining volumes of passenger vehicles, India Ratings and Research (Ind-Ra) has said that new model launches will provide only limited and short-term respite to original equipment manufacturers (OEMs).