Tata Motors Ltd., challenging Hyundai Motor Co. as India's No. 2 automaker, may gain an edge over the South Korean carmaker from India's decision to end state controls on gasoline prices. Tata may lure drivers from Hyundai and Maruti Suzuki India Ltd., the nation's biggest carmaker, as it has a wider range of diesel models, said Mahantesh Sabarad, a Mumbai-based analyst at Fortune Equity Brokers India Ltd. Prime Minister Manmohan Singh last week freed gasoline prices to pare spending, while...
Full Story: The Providence Journal
