Tata Motors surpassed Reliance Industries to become India's most valuable brand in 2010, with its brand valuation growing 172% to $8.45 billion, while Reliance's valuation fell 10% to $7.04 billion. Toyota's worldwide production and sales declined in September 2010 for the first time in a year due to vehicle recalls and a falling dollar. ArcelorMittal reported a 48% increase in third quarter profit, but provided a muted outlook for the rest of the year due to higher raw material prices and soft demand. Bharti Airtel and Aircel expressed interest in purchasing Qualcomm's upcoming wireless broadband business licenses in India.