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The Economic Times
The Economic Times

Fuel price hikes may impact auto demand; too early to revise FY27 outlook: TMPV MD & CEO

New Delhi: The impact of fuel price hike on overall consumption needs to be monitored to gauge its effect on the automobile demand, and it is premature to change the FY27 outlook of 10 per cent growth in passenger vehicles sales, Tata Motors Passenger Vehicles MD & CEO Shailesh Chandra said.

Rising fuel prices remain a key concern for the auto industry, with rates having increased four times in the last 10 days, making it difficult to assess the eventual impact on consumer sentiment and demand, he said during a media roundtable held on the sidelines of the launch of the Next Gen Tiago.

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