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Tata Motors News
Will JLR be able to drive Tata Motors' revenue?
Tue, Sep 27, 2016
In the domestic market, the company still lags behind in the passenger vehicle segment, where it accounts for only 12% of the group's global volumes.
"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry
Wed, Sep 14, 2016
Mistry said each of the group companies is charting its own strategy and growth story, with the focus on sustainable and profitable growth.
Automakers tap Ola, Uber to push sales
Sat, Sep 10, 2016
In May, Toyota laid out plans to invest in Uber to create flexible vehicle leasing terms.
Tata Motors global sales up nearly 16% to 86,288 units in August
Fri, Sep 09, 2016
Tata Motors on Friday reported nearly 16% rise in global car sales including that of Jaguar Land Rover (JLR) for August this year. The company's global car sales in August grew 15.61% to 86,288 units as against 74,639 units in August 2015, Tata Motors said in a filing to the BSE.
India's ride-hailing app Ola to announce joint initiative with Mahindra
Wed, Sep 07, 2016
Indian ride-hailing firm Ola and the country's top utility vehicle maker Mahindra and Mahindra are set to announce a joint initiative on Thursday, according to an invitation sent to the media.
Jaguar's sales rise 26%; Tata Motors' stock flat
Wed, Sep 07, 2016
Tata Motors shares were trading flat after Jaguar posted sales of 36,926 vehicles in August, an increase of 26% when compared to the same period last year.
CV segment: Tata Motors' receives order worth Rs 900 crore from 25 STUs
Tue, Sep 06, 2016
Sandeep Kumar, Business Head of Tata Motors said," We have nearly doubled our order book in FY16-17 already and are adequately prepared to cater to the current and future demand coming in for our business."
Brexit effect: JLR to benefit from weak pound, says Tata Motors' CFO
Sun, Sep 04, 2016
"JLR's revenue, more than 80% comes (from) outside the UK from Europe, China, the US, and other markets. We do source about 40% to 50 %of our components from the EU. Therefore, if you take a combination of these, JLR over a time would benefit from a continued weaker pound as a result of the Brexit," Tata Motors Group CFO C Ramakrishnan told analysts.
What Brexit? Jaguar Land Rover's outlook stable this fiscal
Sun, Sep 04, 2016
Fitch said that the success of its entry models into new segments, especially the Jaguar XE, and the initial indications for the F-PACE, along with maintaining robust profitability, positive free cash flow and a strong financial profile, are considered instrumental as it transitions to become a higher-volume premium manufacturer.
Super Carry: Maruti Suzuki plans to expand its commercial channel to 50 outlets
Thu, Sep 01, 2016
RS Kalsi, Executive Director of Maruti said," The company has changed the way India drives, similarly Super Carry will bring in a revolution in the LCV segment, Out target is to reach out to more customers, for this we plan to set up 50 showrooms across five states. "
Tata Motors loses Singur battle as Supreme Court cancels land acquisition deal
Wed, Aug 31, 2016
Finding fault with the land acquisition process, the Supreme Court said that the acquired land has to be returned to the cultivators within 12 weeks from today.
Tata Motors aims to be in top three car brands by 2019; shares rise over 3%
Wed, Aug 31, 2016
Butschek said he will launch products with new technologies and a focus on safety, low emissions and fuel economy.
Tata Motors aims to turn around domestic business by 2019
Tue, Aug 30, 2016
Tata Motors is overhauling its domestic supply chain, product portfolio and organisational structure as part of a three-year turnaround strategy, the company's chief executive said on Tuesday.
Indian markets end higher; BSE gains over 120 points
Mon, Aug 29, 2016
Indian equity markets ended higher on Monday. BSE Sensex climbed over 120 points closing 0.43% higher at 27,902,66 while NSE Nifty closed up 0.41% at 8,607.45. Tata Motors was among top turnovers with its last traded price (LTP) at Rs 524.70 per share.
Car makers rush to launch petrol variants as uncertainty over diesel ban looms
Sun, Aug 28, 2016
After the ban on diesel due to pollution concerns in New Delhi-NCR region, demand for diesel variants of luxury cars and SUVs dipped. Companies like Mercedes-Benz and Audi are rushing to bring in their petrol offerings to India.
Tata Motors' shares surge over 3% despite 57% drop in Q1 net profit
Fri, Aug 26, 2016
The company registered consolidated revenues of Rs 67,056 crore in Q1FY17 as compared to Rs 61,510 crore in Q1FY16.
Be patient for higher dividend: Cyrus Mistry to shareholders
Wed, Aug 10, 2016
The company yesterday declared a dividend of 20 paise for ordinary shares and 30 paise for 'A class shares, which will be paid out of its reserves.
JLR sales up 34% in July at 44,486 units
Sat, Aug 06, 2016
Tata Motors-owned Jaguar Land Rover today reported 34 per cent jump in retail sales in July at 44,486 units. The month's performance has been driven by strong sales of Land Rover Discovery Sport, Jaguar XE and F-PACE, the company said in a statement.
Car exports from India struggle to rise in July
Tue, Aug 02, 2016
While domestic sales have been positive for most of the automobile companies in India, exports continue to be very poor.
Indian automobile producers post healthy sales for July
Mon, Aug 01, 2016
Indian automobile manufacturers saw higher sales in July with industry experts attributing the acceleration in demand to good monsoon and positive consumer sentiments.