Try GOLD - Free
TataMo Bets on Altroz to 2x Market Share in Premium Hatchbacks
Business Standard
|May 23, 2025
Tata Motors is betting on the second-generation Altroz to double its market share in the premium hatchback segment to 25 percent in 2025-26 (FY26).
The 25,000-30,000 units a month premium hatchback segment accounts for nearly 6-7 percent of passenger vehicle (PV) sales and is dominated by models like Baleno of Maruti Suzuki. The Altroz, launched in 2020, enjoyed a peak market share of around 27 percent in the segment (around 70,000 units annual sales in 2023) and has not seen any major facelift in the past five years. On Thursday, Tata Motors launched an upgraded Altroz priced between ₹6.89 lakh and going up to ₹11.29 lakh (ex-showroom, Delhi).
This story is from the May 23, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Bihar sees record voter turnout
At 64.66%, Phase-I betters state’s highest ever turnout, says Election Commission
3 mins
November 07, 2025
Business Standard
Want to list our firm while it’s in growth phase: Alakh Pandey
Edtech startup PhysicsWallah, which started in 2020, will make its market debut on November 11.
2 mins
November 07, 2025
Business Standard
DII ownership hits all-time high, FPIs continue to trail
Domestic institutional investors’ (DIIs’) ownership in NSElisted companies soared to 18.26 percent in the September quarter, the highest since the data is available, according to Prime Database.
1 mins
November 07, 2025
Business Standard
Land allotment for industrial use approved
The Rajasthan government has approved various land allotments for projects in Bhilwara, Didwana-Kuchaman, and Phalodi districts in a bid to boost industrialisation, according to an official.
1 min
November 07, 2025
Business Standard
SBI greenlights 6% stake sale in MF arm via IPO
Itscommon equity Tier-Icapital ratio was 11.47 per cent. In the July-September quarter
2 mins
November 07, 2025
Business Standard
PhysicsWallah sets IPO price band at ₹103-109 per share
Edtech startup PhysicsWallah has set a price band of 103-109 for its initial public offering (IPO), which opens on November 11 and closes three days later.
1 min
November 07, 2025
Business Standard
'Smaller SUVs to see fastest growth after GST rate cut'
The sub-four-metre SUV segment will continue to see the fastest growth following the recent GST rate cut as that is where the heart of the Indian economy and affordability lies, said Ashish Gupta, Skoda Auto India brand director, on Thursday.
2 mins
November 07, 2025
Business Standard
Centre, states to discuss new labour policy
Two-day meet from November 11 to review expansion of social security coverage
1 mins
November 07, 2025
Business Standard
Sustainable aviation fuel policy soon: Minister
India will soon unveil a policy on sustainable aviation fuel (SAF) to help transition toward greener flying, with final consultations and a study by the International Civil Aviation Organisation near completion, said Civil Aviation Minister Kinjarapu Rammohan Naidu on Thursday.
1 min
November 07, 2025
Business Standard
The slow energy switch
Given their outsized contribution to air pollution and ambitious net-zero targets, state-run oil companies must accelerate cuts in greenhouse gas emissions. But the country’s hobbling renewable projects may delay plans
6 mins
November 07, 2025
Listen
Translate
Change font size