BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Markets

India’s Tata bets new SUV will boost fight with Hyundai, Suzuki

Published Updated
Photo: Reuters
Photo: Reuters
By

NEW DELHI: India’s Tata Motors is betting its newly launched sport-utility vehicle will help step up competition to rivals like Hyundai Motor and Maruti Suzuki in a fiercely fought and fast-growing part of the market.

Tata, which is India’s third-largest carmaker, launched the mid-sized Sierra SUV on Tuesday, resurrecting a decades-old cult brand that will go head-to-head with Hyundai’s Creta SUV and Suzuki’s Victoris.

“The Sierra is not just a launch … it’s a statement we are making as we head into our new phase of growth,” said Shailesh Chandra, CEO of Tata Motors Passenger Vehicles.

Tata has staged a comeback in India in recent years with new car launches that score high on safety and a push into electric vehicles, boosting its market share to over 13% at the end of September from 5% in 2019. It is India’s biggest EV maker.

India’s Tata Motors posts quarterly loss on one-off impairment charge

But competition is intensifying, with Mahindra & Mahindra launching SUVs and EVs with widely praised designs and Hyundai dominating some segments with its value models. EVs from JSW-MG Motor, part-owned by China’s SAIC Motor, have also chipped away at Tata’s lead in EVs.

Tata and Mahindra are battling to dislodge Hyundai from its No. 2 spot in India’s passenger vehicle market, which is dominated by Suzuki’s Maruti Suzuki unit.

Built on a new vehicle architecture and fitted with Tata’s latest gasoline engine, the Sierra is expected to drive volumes and will be followed by more launches including an electric version in the fiscal year starting April 2026, Chandra said.

Comments

Comments are closed for this article.