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Tata Motors’ Q4 PAT jumps over three-fold; FY24 profit and sales at all-time high | Autocar Professional

Baua Electric

The profit soared significantly on the back of a one-time benefit in the form of deferred tax write-back during the period. lakh crore with double-digit growth in Jaguar Land Rover and passenger vehicle division. crore in deferred tax write-back during the fourth quarter. The passenger vehicle unit saw its sales grow 19.3

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. However, the average price paid for a new EV decreased in December by $3,594 (down 5.5%) compared to November and ended the year lower by 0.6%.

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Kia EV9 sales are heating up in the US

Baua Electric

Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. Kia’s electric SUV even outsold Toyota’s sole EV, the bZ4X, in its first sales month. long but is about the same height.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. It might also be EV tax-credit-eligible while other Model 3 versions aren’t.

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Tata Motors’ shares tumble on demand, JLR growth concerns | Autocar Professional

Baua Electric

Tata Motors’ stock price fell sharply on stock exchanges on Monday, despite reporting record annual revenue and profit. The share price sank amid concerns about the demand in the domestic market and growth in Jaguar Land Rover margins. Tata Motors’ shares fell as much as 9.5 percent decline from Friday’s closing.

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Tesla Model 3 made cheaper than ever before due to inflation

Teslarati

The Tesla Model 3 has become cheaper to buy than ever before, thanks to a recent price cut and inflation over the past four years. But now, thanks to a recent Tesla price cut and elevated inflation in the United States over the past four years, the Tesla Model 3 is cheaper to buy than ever.

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Tata Motors posts record revenue and profit for FY24 | Autocar Professional

Baua Electric

Amid robust operating performance across segments, particularly in the Jaguar Land Rover unit, Tata Motors reported its highest-ever revenue and profit numbers for the full financial year 2024. Also, a richer product mix and pricing actions in the commercial vehicle segment aid revenue growth. Tata Group has committed Rs 1.5

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