Tata Motors plans new vehicle launches

6 new passenger vehicles and 25 new commercial vehicles in the first half of the next fiscal year

Tata Motors Ltd plans to launch six new passenger vehicles and 25 new commercial vehicles in the first half of the next fiscal year that starts in April, Karl Slym, the head of its domestic business, told reporters.

Earlier, the company posted a 10.5% gain in quarterly net profit, but lagged estimates as pricing pressures affected its Indian business margins while slowing economic growth dampened demand for commercial vehicles.