Tata Motors expects the passenger vehicles market to make a recovery in the second half of the next financial year.
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Tata Motors said on Thursday that it will start rolling out BSVI-compliant passenger vehicles from this month. The auto major also plans to have four global unveils and display 14 commercial and 12 passenger vehicle at the upcoming Auto Expo, Managing Director and Chief Executive Officer Guenter Butschek said. Tata Motors has invested Rs 1,200 crore in the transition to the new engine technology, which includes investment in end-to-end focus for sales, after-sales and spare parts inventory management, in the last fiscal, he added.
Tata Motors is all set to roll out a product offensive in 2020. It will commence the introduction of its all-new BSVI range of products with passenger vehicles, starting from January 2020, the company announced. “From January 2020 onwards we will be introducing over 100 lead models with over 1,000 variants,” Tata Motors President and CTO, Rajendra Petkar said.