Stock News & Stock Advisory in Indore- Three new passenger vehicles in the design stage, says Tata Motors

In a bid to fulfill the gap in the passenger vehicles categories, automobile major Tata Motors has lined up three new cars in the design stage, a top company official said on Thursday.

"With the launch of the compact SUV Nexon, we have completed 71 percent of the entire PV category. We have three new cars in the design stage which will further meet the gap," company's Design Head Pratap Bose said here.

The three cars, which would be in the premium hatchback, five and seven-seaters SUVs categories, are expected to be launched by end 2019-20, Bose said.

The design of the cars would carry out at the company's three studios located in Pune, Coventry in Britain and Turin in Italy, he said.

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