Tata Motors said it is preparing to launch a new small commercial vehicle (SCV) in the next few weeks. The new vehicle is to be positioned between Ace and Super Ace, Tata’s mini and pick-up trucks respectively.
Global Automotive Market Recovery Continues
Global automotive growth was seen in the passenger car markets in Western Europe (+6 percent) and Japan (+19 percent), while, in China, demand for passenger cars recorded a double-digit increase (+22 percent).