Overall, volume growth is likely to be in the range of 3-8 per cent for two-wheelers and 5-7 per cent for passenger vehicles owing to healthy demand from urban and rural areas and pending order books.
'The customer is fast changing, and she demands newer experiences that wealth can buy.'
The world's largest truck maker Daimler is understood to be selling off its residual stake in Tata Motors for over $400 million.
After more than two years, Tata Motors has dislodged Korea's Hyundai Motors in India from the second spot in monthly domestic passenger vehicle sales. The spurt in Tata's June numbers has primarily been due to a dramatic increase in sales of the Nano, after the mother plant at Sanand in Gujarat went onstream last month, as well as a surge in that of the Indigo.
The price reduction across passenger vehicles is in the range of Rs 6,300 to Rs 69,000.
The scheme has been extended to all categories of employees.
A digital configurator comprising a three-dimensional graphics-based app will allow customers to choose specifications and align the output generated by the tool to company's back-end manufacturing.
Kant, an alumnus of IIT-Kharagpur, was managing director of the company before being promoted as vice-chairman five years ago.
Tata Motors is looking to consolidate its position in the SUV segment as it marks its entry into the highly competitive mid-size space which is currently dominated by South Korean and Japanese carmakers. The Mumbai-based auto major on Monday launched midsize SUV coupe Curvv with petrol and diesel powertrains with a price starting at Rs 9.99 lakh. The company has already unveiled the electric version of the model in August.
Tata Motors on Tuesday rolled out the first batch of CityRover cars, to be marketed by MG Rover in the highly competitive United Kingdom and European markets.
So what's special about the Kaziranga range? Rajesh Karkera and Hitesh Harisinghani find out.
The auto maker is on a rough road with demand for both CVs and cars sluggish. With sales of commercial vehicles having barely grown and passenger car volumes dipping in FY08, the street was not expecting much from India's biggest automobile company.
From a 15-16-level hierarchy, the organisation is moving to a flat five-level hierarchy.
Tata Motors is seeking an image makeover with the curvaceous hatchback, Zica.
While the electric version will open for bookings starting August 12, the internal combustion engine (ICE) counterparts will make their debut after September 2, says Rajesh Karkera/Rediff.com.
RIL is also more profitable than Tata Motors.
After launching the Nano early this week, the country's leading truck and bus maker, Tata Motors, is now looking to set up a truck manufacturing plant in Myanmar with support from the Indian government in the form of financial participation.
"Tata Motors is taking a block closure at Jamshedpur from November 6 to November 8, 2008, to match production with the demand of vehicles produced at the Jamshedpur plant to avoid build-up of inventory either in the company or with our dealers," a company spokesperson said. In October, the company reported 29 per cent decline in commercial vehicles sales at 19,154 units, against 27,103 units in the same month last year.
India's largest auto maker Tata Motors on Tuesday said it will set up in Myanmar a heavy truck manufacturing facility with a capacity of 1,500 units per annum.
Block closure in the Jamshedpur plant is the second in a fortnight.
To deliver on strategy that late Slym was executing.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
The Argentinian becomes the first brand ambassador of the company in its 70-year history.
Jaguar Land Rover will continue to be managed independently.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
Tata Motors has seen strong upgrades in volume, top line and profit estimates, after reporting an unexpectedly superlative quarterly global volume performance for Jaguar Land Rover (JLR). It was led by strong demand for the Evoque SUV from the Land Rover stable.
The company's wholly-owned subsidiary PT Tata Motors Distribusi Indonesia has introduced Tata Aria, Tata Vista and Tata Safari Storme in the Indonesian market.
He seems to have fallen from a higher floor of a hotel in Bangkok.
Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.
Tata Motors went ahead with mobilisation of construction equipment at Singur on Monday and enrolment of locals for work on the Rs 1,000 crore (Rs 10 billion) greenfield plant amid heavy security.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
Total passenger vehicle sales in the domestic market stood at 18,031 units in November.
The company commenced production in January, 1999. While it achieved the 100,000th car in March 2001, and the 500,000th car in February, 2005, the progression from the 900,000th car to the millionth car was achieved in just 7 months.
Mark your calendar! On August 7, Tata Motors is unveiling a revolutionary vehicle -- the Curvv, billed as India's first SUV coupe.
As part of other initiatives to connect with the people, the company is organising special training programmes for women in areas such as tailoring, hand gloves making, garments, food products and handicrafts.
Passenger vehicle sales in India could hit a record of over 38 lakh units in FY23 but the strong growth momentum is not expected to carry over to 2023-24 with pent-up demand already been released, according to Tata Motors Passenger Vehicles managing director Shailesh Chandra.
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