This was largely due to cost reduction efforts, lower operating expenses, lower commodity prices and reduction in the corporate tax rate.
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The plans were announced ahead of the launch of Tata Motors' electric sport-utility vehicle (SUV) Nexon EV, which was attended by N Chandrasekaran, Chairman of Tata Sons.
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The electric SUV comes with ARAI certified range of 312 km.
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The launch of Maruti Suzuki’s S-CNG vehicle range is aligned to and complements the Government of India’s vision of reducing oil import and enhancing the share of natural gas in the energy basket of the country from 6.2% now to 15% by 2030.
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The Mercedes-Benz Marco Polo will be launched on February 6 at Auto Expo 2020.
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Black Badge Cullinan caters to new group of younger, adventurous Rolls-Royce customers who are not bound by convention.
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Uber is operating self-driving cars in autonomous mode with safety drivers behind the wheel.
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Global unveil to take place at the Delhi Auto Expo 2020
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