(Adds detail) MUMBAI, May 19 (Reuters) - India's top truck maker, Tata Motors Ltd. , reported a lower-than-expected 17 percent rise in quarterly net profit on Friday, dragged by higher product development expenses and raw material costs. India's bus and truck market, the world's fifth-largest, has enjoyed 30 percent annual growth in the past three years on cheap loans and an improving highway network. But the pace had slowed in fiscal 2006 on a cyclical downturn, higher fuel prices and ...
Premium Content (PAID Subscription Required)
"UPDATE 1-India's Tata Motors Q4 profit up 17 pct, below f'cast" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642