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Tata Motors Related news

Jaguar Land Rover posts 11% rise in sales

Jaguar Land Rover posts 11% rise in sales

Tata Motors-owned Jaguar Land Rover (JLR) on Monday posted a 11 per cent increase in its April sales at 41,341 units, helped by incremental volumes of the new compact Jaguar XE.

Retail sales for the month of April were up year-on-year across all regions 25 per cent in the UK, 11 per cent in China, 10 per cent in Europe and two per cent in North America.

Lupin, Tata Motors lead in R&D spending

Lupin, Tata Motors lead in R&D spending

While Indian pharmaceutical companies and infotech companies are leading India Inc in research and development (R&D) expenses and patent applications, but a majority of local companies are lagging global peers in R&D spending.

According to statistics of the stock exchanges, pharmaceutical firm, Lupin spent the most in R&D as percentage of its net sales (8.9 per cent), Tata Motors spent the maximum in value terms (Rs 2,200 crore) in the financial year 2015.

Tata Motors' shares rise over 3% on steady sales

Tata Motors' shares rise over 3% on steady sales

Shares of Tata Motors gained over 3% after the company reported a 9.9% growth in sales at 39,763 units in April against 36,190 units during the same month last year.

After a positive opening, the shares of the company climbed 3.57% to Rs 421.85 on the BSE. At the National Stock Exchange (NSE), it rose by 3.5% to Rs 422.

Tata Motors gets patent for auto stop-start control system

Tata Motors gets patent for auto stop-start control system

Tata Motors has secured a patent for its invention regarding an auto stop-start control system for manual transmission vehicles which provides fuel economy with minimal change in driver behaviour.

The desi auto firm claims that the objectives of the present invention are to provide an auto stop-start system for manual transmission vehicles in which an auto stop is prevented from occurring if the engine speed is above the idle speed, and to provide a simple and cost effective vehicle auto stop-start control system.

Tata Motors raises Rs 300 crore via NCDs

Tata Motors raises Rs 300 crore via NCDs

Tata Motors on Wednesday said it has raised Rs 300 crore by issuing non-convertible debentures (NCDs) on private placement basis.

A meeting of a duly authorised committee approved the issuance of privately placed 3,000 NDCs of face value of Rs 10 lakh each at par aggregating up to Rs 300 crore, the company said in a BSE filing.

Tata Motors undergoes a 'she' change

Tata Motors undergoes a 'she' change

Tata Motors, India's largest automobile company, is undergoing a slow but steady transformation in its cars to woo more women customers.

As the company spokesperson said: "Gears are finally shifting in the automotive marketing world's attitude towards women, showcasing that women represent a huge opportunity for this industry".

Tata Motors officials, directors to meet on 27 April over NCDs issuance

Tata Motors officials, directors to meet on 27 April over NCDs issuance

Mumbai: Tata Motors Ltd in a notification to the stock exchanges said on 23 April that company’s senior executives and directors will meet on 27 April to consider issuance of rated, listed, unsecured, redeemable, non convertible debentures aggregating up to Rs.300 crore.

It’s part of a plan to issue secured, unsecured non convertible debentures of up to Rs.4,400 crores for the tenure in the range of 2 to 10 years.

Tata Motors to introduce driver-assistance tech

Tata Motors to introduce driver-assistance tech

Tata Motors is closely watching the autonomous-driving technologies being developed globally by the likes of Daimler, Google, Tesla and its own subsidiary, Jaguar Land Rover (JLR). The homegrown automobile major wants to bring driver-assistance functions such as collision avoidance and automated parking to its cars in India.

"There's clearly a movement globally towards more and more autonomy and eventually autonomous cars will come. It's important for us in India to understand the technologies behind that (autonomous driving) and that it will come into our market gradually," said Tim Leverton, head of advanced and product engineering.

Tata Motors: Getting a JLR boost

Tata Motors: Getting a JLR boost

If the sales performance of Tata Motors in March month is anything to go by, the company could report a strong show in the March’16 quarter. The company ended FY16 on a high with both its domestic and international operations reporting robust double-digit growth. While its UK-based subsidiary, JLR has reported record March volumes, truck sales in the domestic operations too have been robust. JLR’s volumes grew 29 per cent year-on-year, with China sales up 43 per cent (about half of it came from the China JV).

Analysts at Kotak Institutional Equities expect volume growth in China to remain strong led by low base effect, ramp up in local production of Discovery Sport and the launch of the new Discovery Sport. Once JLR’s highest volume contributor, China’s monthly volumes had come down sharply due to slowdown, higher costs and the setting up of the local manufacturing unit. Monthly China sales at 10,288 units are now the fourth largest after UK, Europe and the US.

Tata Motors to review portfolio, to work out turnaround strategy

Tata Motors to review portfolio, to work out turnaround strategy

MUMBAI: Tata Motors' newly appointed MD & CEO Guenter Butschek has his task cut out. He has decided to review the company's current product portfolio (including Nano) and future launch plans to work out a turnaround strategy.

Butschek took charge at Tata Motors about seven weeks back after working at France's Airbus as COO for four years. Prior to this, he spent 25 years at German automotive giant Daimler. "We might not be on everybody's shopping list as a top priority, but we are working on it," Butschek told TOI. "We need to get back, and we can do it."

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