Shailesh Chandra, the Managing Director and CEO of Tata Motors Passenger Vehicles, addressed the impact of recent fuel price hikes on automobile demand during a media roundtable. He noted that fuel prices have risen four times in the last ten days, creating uncertainty about consumer sentiment and spending patterns. However, he believes it is premature to change the company's growth outlook for FY27, which remains at 10% for passenger vehicle sales. Chandra pointed out that rising diesel prices might exacerbate inflation, affecting consumer behavior. Despite these concerns, he expressed optimism about Tata Motors' growth, supported by a robust product pipeline and multiple upcoming launches. The company recently launched the Next Gen Tiago, priced from ₹4.69 lakh for petrol variants. Additionally, Chandra reported a significant increase in electric vehicle bookings, which have surged by 2-2.5 times in recent months, indicating a growing interest in EVs. Tata Motors plans to enhance its EV production capacity significantly, targeting an increase from 10,000 to 50,000 units per month in the near future.