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Tata Motors Related news

Recommend ‘accumulate’ on Tata Motors with TP of Rs 362

Recommend ‘accumulate’ on Tata Motors with TP of Rs 362

JLR retails for May’18 increased 6% YoY to 41.6k. Jaguar retails increased 7% YoY to 14.5k units while Land Rover (LR) volumes increased 6% YoY to 33.8k units. The growth for JLR (Ex-China geography) stood strong at 11% YoY which has been highest growth in last 14 months.

Tata Motors global sales up 24% to 107,343 units in May

Tata Motors global sales up 24% to 107,343 units in May

New Delhi: Tata Motors Ltd on Friday reported 24% rise in global sales, including that of Jaguar Land Rover, to 107,343 units in May. It had sold 86,385 units in May last year.

Global wholesale units of all Tata Motors’ commercial vehicles and Tata Daewoo range in May 2018 stood at 40,989 units, up 45% from 28,310 units a year ago, the company said in a statement.

Tata Motors working on a dozen electric, hybrid vehicles

Tata Motors working on a dozen electric, hybrid vehicles

MUMBAI: Betting big on greener vehicles for the future, Tata Motors in a presentation to investors on Tuesday informed that it is working on close to a dozen electric and hybrid vehicle solutions in the commercial vehicle space and is simultaneously moving towards adedicated electric vehicle platform in the passenger vehicle front.

Tata Motors sets up EV vertical

Tata Motors sets up EV vertical

Tata Motors on Monday became the second company after Mahindra and Mahindra (M&M) to create an electric vehicle vertical which would tap into the full potential of this emerging technology. The company also appointed Shailesh Chandra the head of this vertical. Earlier, the electric vehicle initiative of Tata Motors was being run through a project office.

Tata Motors creates EV vertical, names Shailesh Chandra as its president

Tata Motors creates EV vertical, names Shailesh Chandra as its president

Tata Motors has created an electric vehicles vertical and appointed current head of business strategy, Shailesh Chandra, as its president with immediate effect, the automobile firm said in a statement on Monday.

Chandra has played an “instrumental role in leading the project teams” to deliver the electric variant of the compact sedan Tigor to EESL (Energy Efficiency Services Ltd)—the state-owned firm that will procure and lease electric vehicles to the central and state governments.

From Honda to Tata, carmakers steer new models away from taxi segment

From Honda to Tata, carmakers steer new models away from taxi segment

Rajesh Goel, senior vice-president and director (sales & marketing) at Honda Cars India, wants to keep the new Amaze away from buyers in the taxi- and fleet-segments.

In a similar way, Tata Motors has discouraged sales of the two latest cars — the Tigor and Tiago — to the taxi segment. Carmakers have turned cautious and no longer want to drive personal-segment buyers away from a product in their pursuit of commercial sales.

Tata Motors, Jusda, Arshiya eye base at JN Port

Tata Motors, Jusda, Arshiya eye base at JN Port

Tata Motors and supply-chain management players like Jusda and Arshiya are among the 50-odd companies that have expressed interest in Jawaharlal Nehru Port Trust's (JNPT) land that is now up for auction, sources said.

The plots are being leased out by JNPT for its free trade warehousing zone (FTWZ) and special economic zone (SEZ), the bidding process for which has begun.

Tata Motors Q4 net profit halves to Rs 21.76 billion on one-off charge

Tata Motors Q4 net profit halves to Rs 21.76 billion on one-off charge

Tata Motors’ profits for the March quarter halved, as higher expenses and a one-time impairment charge singed earnings, the Tata group flagship said on Wednesday.

For the three months to March, net profit fell to Rs 21.76 billion — way below Street estimates. A Bloomberg poll of 16 analysts estimated a net profit of Rs 37.48 billion on net sales of Rs 881.96 billion. The carmaker reported a net profit of Rs 43.36 billion in the same quarter a year earlier.

Tata Motors pulls the plug on ageing Indica, Indigo models

Tata Motors pulls the plug on ageing Indica, Indigo models

NEW DELHI: Tata Motors would soon scrap its first passenger car platform Indica and Indigo sedan, two decades after it helped the company launch into the booming car market, as the models have lost appeal with consumers being lured by trendier ones sold by its rivals.

A Tata Motors dealer said, “The company has stopped the production of both the cars and it is now supplying the last few cars.”

Tata Motors' JLR takes centre-stage at Harry, Meghan wedding

Tata Motors' JLR takes centre-stage at Harry, Meghan wedding

Tata Motors-owned Jaguar Land Rover took centre-stage as newly-wed Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, headed to their wedding reception in Windsor.

A silver-blue classic 1960s Jaguar E-Type, remodelled into Jaguar Land Rover's (JLR) electric-powered Jaguar E-Type Concept Zero, was waiting for Harry last evening to drive his new wife to Frogmore House for an intimate wedding reception for 200 friends and family being hosted by his father Prince Charles.

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