Tata Motors 2nd most valuable Asian automaker outside Japan
Tata Motors has surpassed South Korean automaker Hyundai to become the second most valuable automaker in Asia outside Japan, Bloomberg data showed. The Indian automaker's valuation stands at about $27.3 billion, while Hyundai’s market capitalisation is around $27 billion. Chinese state-owned automobile firm SAIC, valued at $36 billion, is currently the most valuable Asian carmaker outside Japan.