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Tata Motors News
Automobile companies feel the impact of GST in Q1 results
Fri, Aug 04, 2017
Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.
Why automobile retail sales in July remained muted despite positive wholesale figures
Thu, Aug 03, 2017
Sales of automobiles at the retail level remain muted during the month of July chiefly due to the pre-GST sales during the month of June.
GST gives good growth momentum to car sales in July
Tue, Aug 01, 2017
Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.
Strong demand for Tiago, Tigor, Hexa pushes Tata Motors car sales up by 10% in July
Tue, Aug 01, 2017
Tata Motors saw a good growth in its domestic passenger vehicle sales during July. It also saw a recovery in sales of its MHCV segment during the month.
Turning around Tata Motors domestic biz need of the hour: Chandrasekaran
Sun, Jul 30, 2017
Addressing shareholders in the company's Annual Report 2016-17, he said Tata Motors' standalone net revenues increased by 3.7%to Rs 44,777 crore for the 12 months ended March 31, 2017 but standalone loss before tax for the year fell to Rs 2,421 crore, compared with Rs 67 crore in the prior year.
Tata Nexon expected to be priced between Rs 7-10 lakh
Wed, Jul 26, 2017
Tata Motors is expected to launch its compact SUV the Nexon in the next few months and is expected to be priced between Rs 7-10 lakh.
Tata Motors announces launch of Bio-Methane bus
Mon, Jul 17, 2017
Tata Motors, Jaguar Land Rover global wholesale numbers decline 2% in June
Wed, Jul 12, 2017
Automobile giant Tata Motors Group on Wednesday reported a decline of two per cent in its global wholesales, including Jaguar Land Rover (JLR), during June 2017. According to the group, its global wholesales declined to 90,966 units over June 2016.
Seven out of top 10 cars sold in June were Maruti Suzukis; see list
Wed, Jul 12, 2017
Maruti Suzuki is the market leader when it comes to car sales in India and June was no different. Data provided by Society of Indian Automobile Manufacturers (SIAM) show that seven out of the top 10 cars that were sold in India in the month of June 2017 belonged to Maruti Suzuki.
JLR's sales sells 51,591 vehicles in June on strong China numbers
Sat, Jul 08, 2017
JLR has recorded 11% yoy rise in sales for the month of June on the back of strong growth recorded in the China market which increased by a whopping 65%.
Nissan cuts prices on average by 3%; Tata Motors reduces prices by up to 8.2%
Thu, Jul 06, 2017
Nissan and Tata Motors joins in the line of car companies that have announced a reduction in prices due to the implementation of GST.
Tata Motors slashes passenger vehicles prices by up to Rs 2.17 lakh!
Wed, Jul 05, 2017
Tata Motors on Wednesday announced that it has slashed the prices of its passenger vehicles up to 12 per cent, following the roll-out of the Goods and Services Tax (GST).
Car sales expected to bounce back in July on lower prices, deferred purchases
Tue, Jul 04, 2017
Car companies reported a decline in sales during the month despite the heavy discounts due to deferred purchases by buyers as a result of GST.
Why pre-GST discounts offered by car makers fail to sway buyer in June as sales fall
Mon, Jul 03, 2017
Car companies in the month of June saw a decline in sales even despite offering large discounts due to the implementation of GST from July 1.
GST speculations affect passenger vehicle sales of major auto firms in June
Sat, Jul 01, 2017
Country's largest car maker Maruti Suzuki India (MSI) today posted 1.2 per cent rise in domestic sales in June but rival Hyundai, Tata Motors and Mahindra reported decline during the month impacted by speculations over GST tax structure.
Tata Steel sells stake in Tata Motors to Tata Sons
Sat, Jun 24, 2017
Tata Steel on Friday said it has sold almost all of its stake in Tata Motors to Tata Sons for more than Rs 3,780 crore. According to a BSE filing, the steel major said that it sold 8,35,37,697 equity shares at a price of Rs 452.80 per share.
Tata Motors denies JLR IPO; shares up 2%
Tue, Jun 20, 2017
Tata Motors denied a report saying that the Tata Group was planning on listing its British automobile subsidiary Jaguar Land Rover on an international stock exchange.
Tata Sons to buy Tata Steel stake in Tata Motors
Sat, Jun 17, 2017
Tata Sons Ltd, the holding company of India`s salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd`s stake in Tata Motors Ltd on or after June 23, it said in a regulatory filing on Saturday.
Tata Motors reaches wage deal with Sanand plant union
Fri, Jun 09, 2017
Tata Motors Ltd reached a long-term wage settlement with workers at Sanand plant in the western state of Gujarat.
JLR's sales rises by just 1% in May on impact of UK's vehicle excise duty
Wed, Jun 07, 2017
Jaguar Land Rover sales in May rose by just 1% as Land Rover saw a drop of 7.1% in sales and the impact of UK's vehicle excise duty which was implemented from April 1.