India's Tata Motors Issues Bearish Fiscal 2014 Forecast

Newswire

MUMBAI, May 28 (Reuters) - Tata Motors, India's largest automaker by revenue, said its domestic operations would likely not post a profit or would have "inadequate" profit for the fiscal year that ended in March, hurt by sluggish demand. Slowing economic activity, weak consumer sentiment, increasing competition and high interest rates impacted the company's performance, Tata Motors said in a notice to the stock exchange on Tuesday. The company's Indian operations posted ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×