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Tata Motors (NYSE:), a prominent player in the automobile industry according to InvestingPro Tips, is gearing up to introduce revamped versions of its Harrier and Safari SUVs, with bookings slated to begin on October 6. The company offered a glimpse of the exterior design elements of the facelifted models ahead of the booking commencement date, this Wednesday.
The forthcoming models will feature new design elements that include a Sequential LED DRL Bar, turn indicators, aggressive-edged front bumpers, and a headlamps cluster. These modifications mirror the successful design updates seen in the facelifted Nexon and Nexon EV models.
While Tata Motors has yet to reveal engine specifics for the updated Harrier and Safari SUVs, it’s common for such updates to predominantly focus on cosmetic enhancements. The company will be accepting bookings for these vehicles through online platforms as well as authorized dealerships from October 6.
In keeping with industry trends, Tata Motors’ move to refresh its SUV lineup underscores the ongoing demand for sport utility vehicles in the market. With these facelifts, the automaker aims to strengthen its position in the competitive SUV segment by offering updated versions of its popular Harrier and Safari models.
According to InvestingPro Tips, Tata Motors has seen a large price uptick over the last six months and has been profitable over the last twelve months. Revenue growth has been accelerating, and the net income is expected to grow this year. The company’s stock has also shown a high return over the last year and a strong return over the last five years. These promising metrics, available at InvestingPro, indicate a positive trend for the company and could be of interest to potential investors.
InvestingPro offers several other valuable tips for investors, which can be found on their platform. These include insights into price volatility, Price / Book multiple, and more. For full access to this insightful data, consider exploring the InvestingPro product.
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