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Govt support needed till EV segment crosses a certain threshold: Girish Wagh

According to Wagh, there is also a case to consider the extension of the FAME II scheme, which will come to an end next year and include bigger electric buses to avail of subsidy, he told PTI. ....

Union Budget , Electric Vehicle , Ev Segment , Tata Motros ,

Tata Motors share slips 3% on 41% decline in April sales


Tata Motors share slips 3% on 41% decline in April sales
Total sales in the domestic and international market for April 2021 stood at 41,858 vehicles, the company said
BusinessToday.In | May 3, 2021 | Updated 11:58 IST
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Shares of Tata Motors declined over 3 per cent in early trade today after the company posted a 41 percent decline in domestic sales at 39,530 vehicles for April as against 66,609 vehicles in March 2021.
Total sales in the domestic and international market for April 2021 stood at 41,858 vehicles, the company said.
Total Commercial Vehicle sales stood at 16,644 units, down 59 per cent against 40,609 units sold in March 2021. Medium and heavy commercial vehicle (M&HCV) sales declined 55 percent month-on-month (MoM) to 4,942 units. Small commercial vehicle (SCV) cargo and pickup segment sales dropped 60 percent, MoM, to 6,930 units. ....

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