Tata Motors

Tata Motors introduces compact SUV Nexon

Tata Motors introduces compact SUV Nexon

Indian automobile giant Tata Motors is aiming at improving its service network in order to boost consumer confidence in its vehicles. Tata Motors is working on a plan to rationalise the number of platforms to two from the six at the present. The company said that the motive behind the move is improved efficiency, better consumer satisfaction and cost cutting.

Tata Motors announces readiness of SCR, EGR technologies for BSIV compliant engines

Tata Motors announces readiness of SCR, EGR technologies for BSIV compliant

New Delhi [India], Apr 27 : Tata Motors have announced readiness of SCR (Selective Catalytic Reduction) and EGR (Exhaust Gas Recirculation) technologies for BSIV compliant engines, powering its range of commercial vehicles.

EGR technology adopted by Tata Motors in 2010 will continue to power small-to-medium category of commercial vehicles with engine power requirements up to 180HP.

EGR helps to reduce NOx emissions from the engine. Additionally, Tata Motors has adopted the globally proven SCR technology since 2014 for its Medium and Heavy-Duty Commercial vehicles ranging from 130HP to 400HP.

Tata Motors, Jayem Automotives announces joint venture for performance enhancement

Tata Motors, Jayem Automotives announces joint venture for performance enhanceme

New Delhi [India], Mar 31 : Tata Motors on Friday announced the launch of JT Special Vehicles Pvt. Ltd., a 50:50 joint venture with Jayem Automotives Pvt. Ltd., for the development of special performance vehicles based on the latest series products.

As part of the agreement, both Tata Motors and Jayem Automotives will work towards performance enhancement and appearance of series vehicles to offer an exciting and innovative range of niche aspirational products for the passenger car customers.

Tata Motors' shares slump over 6% on disappointing Q3 earnings

Tata Motors' shares slump over 6% on disappointing Q3 earnings

Mumbai - Shares of auto major Tata Motors slumped over six percent Friday after the company reported 25.5 percent drop in consolidated net profit for the December quarter.

The stock tanked 6.24 per cent to Rs 552.75 on the BSE.

On the NSE, it fell sharply by 6.27 per cent to Rs 552.20.

The scrip was the top loser among the frontline stocks on both Sensex and Nifty.

"Tata Motors' Q3 FY15 results were below our estimates due to higher losses in the standalone business and lower than expected margins at JLR," said Bharat Gianani, Senior Research Analyst - Automobile, Angel Broking.

Tata Motors' sales up 5.19% in January

New Delhi - Tata Motors on Monday reported a 5.19 percent increase in total sales at 42,582 units in January, as against 40,481 units in the same month last year.

Domestic sales of Tata commercial and passenger vehicles grew by 5.35 percent at 38,621 units as compared to 36,657 units in January 2014, Tata Motors said in a BSE filing.

Sales of passenger vehicles in the domestic market in January stood at 13,047 units, up 18.89 percent from 10,974 units in January 2014.

In the commercial vehicles segment, domestic sales remained flat at 25,574 units during the month, the company said.

'Zest, Bolt success hold key to Tata Motors car biz profits'

'Zest, Bolt success hold key to Tata Motors car biz profits'Mumbai: The profitability of the struggling domestic unit of Tata Motors, especially that of its passenger car division, depends on the success of the newly launched sedan Zest and the forthcoming roll out Bolt, says global rating agency Moody's.

"The profitability of Tata Motors' passenger car business depends on its ability to sell significant volumes of its new Zest and Bolt models," Moody's said in a statement.

The company has Ba3 stable rating from the agency.

Tata Motors global sales down 8% in July

Tata-MotorsNew Delhi: Tata Motors Thursday reported an 8.46 percent decline in global sales to 80,151 units in July.

The company had sold 87,566 units in the same month last year.

In the passenger vehicles category, the global sales last month were at 49,001 units, as against 46,684 units in July 2013, up 4.96 percent, Tata Motors said in a statement.

Sales of luxury brand Jaguar Land Rover rose 12.24 percent to 39,467 units in July, compared to 35,162 units in the same month last year.

Sales of commercial vehicles declined 23.8 percent in July to 31,150 units from 40,882 units a year ago.---- PTI

Tata Motors launches 'Zest' to revive sagging fortunes

Tata-ZestMumbai /Chandigarh/ Noida, Aug 13 : In a bid to regain market shares and plug losses in its domestic business, Tata Motors began selling its new passenger car 'Zest' since yesterday, its first offering in four years.

The Zest is a compact sedan built on a new platform and, in a departure from previous models, boasts user-friendly features such as touch screen control panels.

Tata Motors has performed well this year thanks in part to strong sales of its luxury Jaguar and Land Rover vehicles.

Tata Motors stock surges over 8% on stellar earnings

Tata Motors stock surges over 8% on stellar earningsMumbai - Shares of Tata Motors soared over 8 percent in morning trade on Tuesday after the company reported over 3-fold jump in consolidated net profit for the June quarter.

The auto major's scrip jumped 8.18 percent to Rs 484.00 on the BSE.

On the NSE, the stock climbed 7.93 percent to Rs 482.

Tata Motors was the best performer among the blue-chips on both the Sensex and Nifty during the morning trade.

Sensex rallies 225 points in early trade; Tata Motors up 8.18%

Sensex ralliesMumbai: The benchmark BSE Sensex on Tuesday spurted over 225 points in early trade, led by auto, infra and oil and gas stocks amid expectations of encouraging IIP data for June to be released later in the day.

The 30-share index shot up by 225.27 points, or 0.88 per cent, to 25,744.51 with stocks of auto, realty, consumer durables, power and healthcare sectors leading the rally.

The gauge had gained 190.10 points in the previous session.

Similarly, the National Stock Exchange index Nifty edged higher by 65.50 points, or 0.85 percent, to 7,691.45.

Tata Motors lines up up to Rs 4,000 crore capex

Tata Motors lines up up to Rs 4,000 crore capexMumbai: With expected turnaround of auto industry by the latter half of the financial year, Tata Motors on Thursday said it is investing Rs 3,500-Rs 4,000 crore this year.

"Our capital expenditure plan for Tata Motors this year is Rs 3,500-Rs 4,000 crore and we will continue to invest for the next three-year period," Chairman Cyrus Mistry told shareholders at the annual general meeting (AGM) here.

The company spent Rs 3,094 crore on capex, design and development of products in FY 2014.

Tata Motors global sales down 10.4% in June

Tata-MotorsNew Delhi: Tata Motors on Friday reported a 10.46 percent decline in global sales, including that of Jaguar Land Rover (JLR), to 75,623 units in June.

The company had sold 84,458 units in the same month last year.

In the passenger vehicles category, the global sales last month were at 44,239 units, as against 42,881 units in June 2013, up 3.16 percent, Tata Motors said in a statement.

Sales of luxury brand Jaguar Land Rover rose 17.96 per cent to 36,021 units in June, compared to 30,536 units in the same month last year.

Tata Motors working on strong pipeline of products: Mistry

Chairman Cyrus P MistryNew Delhi - Tata Motors is working on a strong pipeline of products for the domestic market keeping in view changing customer needs to make the company more profitable over the years, Chairman Cyrus P Mistry has said.

In a letter to shareholders, Mistry said the company is also working on various other initiatives including enhancing customer experience to grow more profitable.

"Tata Motors is working on a strong pipeline of new products and technologies keeping in view the changing market, customers' aspirations and regulatory needs," Mistry said.

JLR announces 200 mn pounds investment at Halewood plant

tata-jaguar-landroverLondon: Tata Motors-owned Jaguar Land Rover has announced an investment of 200 million pounds at its Halewood plant in the UK to support introduction of its upcoming SUV Discovery Sport.

The Halewood plant, which is already home to the company's fastest selling model of all time - the Range Rover Evoque, has benefited from a 200-million pounds investment to support the introduction of the first member of the all-new Land Rover Discovery family, the company said in a statement.

The latest investment takes the total amount invested in Halewood over the last four years to almost 500 million pounds, it added.

Tata Motors launches three new trucks in Qatar

Tata-Prima-TrucksNew Delhi/Doha, May 14 : Tata Motors Wednesday launched in Qatar three new heavy trucks from its 'Prima' range of commercial vehicles, along with its partners Al-Hamad Automobiles.

"The launch of the Tata Prima brand in Qatar is an important milestone in Tata Motors' continued expansion in the Qatar market and the GCC region," said Ravindra Pisharody, executive director, commercial vehicles business, Tata Motors.

Tata Motors to hire over 3,000 employees

Tata-MotorsMumbai, May 7 : Tata Motors has started a recruitment drive to hire over 3,000 staff across all company dealerships nationally ahead of the launch of compact sedan Zest and hatchback Bolt.

"In line with our vision and strategy to provide an enriched purchase experience, we have undertaken a revamp expedition of showrooms and expansion of our dealership workforce to prepare for the launch of our exciting global cars, Zest and Bolt," Ranjit Yadav, president, passenger vehicles business unit, said in a statement Wednesday.

Tata Motors’ shares jump on strong JLR sales

Tata Motors’ shares jump on strong JLR salesStock in Tata Motors gained 0.64 per cent to Rs 433.50 a share in early morning trade on Friday on the Bombay Stock Exchange, after the company's UK-based luxury car arm Jaguar Land Rover (JLR) reported strong Q1 sales.

JLR on Thursday announced that its sales jumped 8 per cent to 124,776 units in March quarter of 2014 over the same quarter of the previous year. JLR sales rose 3% to 55,183 units in March 2014 over March 2013.

In the month of March alone, JLR sales jumped 3 per cent year-on-year to 55,183 vehicles.

Tata Motors launches new variant of Aria

TATA-AriaMumbai, April 10 : Automobile major Tata Motors Thursday launched a new variant of crossover multi-utility vehicle Aria priced at Rs9.95 lakh.

"We at Tata Motors have imbibed an aggressive four-pronged customer-focused strategy in the all-new Aria, giving our ever-discerning customers a vehicle that is more powerful, more fun, more reliable and extremely safe," said Ankush Arora - senior vice president (commercial), passenger vehicle business unit, Tata Motors.

Tata Motors February sales down 35.56 percent

Tata-MotorsMumbai, Mar 1 : Automobile major Tata Motors Saturday reported a decline of 35.56 percent on its total sales including exports in February 2014.

The automobile manufacturer managed to sell 39,951 units last months from an off-take of 61,998 units in the corresponding month of 2013.

The company’s domestic sales including commercial and passenger vehicles in the month under review too decline. The off-take fell by 39.11 percent at 35,315 units from 58,002 units sales in January 2013.

Tata Motors to set up Jaguar Land Rover plant in Saudi Arabia

Tata-MotorsNew Delhi, Feb 27 : India's largest automobile company Tata Motors is exploring the possibility of setting up a manufacturing plant for Jaguar and Land Rover in Saudi Arabia, the Gulf kingdom's industry minister said Thursday.

Addressing an India-Saudi Arabia Business Forum meeting here, Saudi Arabia Commerce and Industry Minister Tawfig Fawzan Alrabiah said the proposed plant would be the third largest for manufacturing of high-end Jaguar and Land Rover cars.

The minister said the plant is proposed to be set up eastern province of Saudi Arabia.

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