Tata Motors is to invest Rs 6,000 crore (Rs 60 billion) in the next five years to increase the passenger car capacity at its Pune plant by 50 per cent and plans to raise $100 million shortly.
Tata Motors said on Thursday production at its car plant in Pune may get affected following a fire at its paint shop. There was no casualty.
As part of a 50:50 joint venture agreement signed in 2007, the two companies had agreed to a joint distribution network and back-end support, besides co-manufacturing of products at the Ranjangaon facility near Pune.
Tata Motors on Wednesday inaugurated the world's cheapest car, the Nano's, manufacturing facility here, nearly two years after it was forced to shift the plant out of West Bengal over a land row.
The conflict began around Diwali when a group of workers demanded pay hike.
The incentive package being offered by the government of West Bengal for the Tata Motors for setting up the small car project in Singur would take into account the concessions offered by the Uttaranchal government for the project in that state.
Tata Motors revealed its plans of introducing more vehicles this year. It is also planning to increase its exports to South Africa.
The 56-year-old German quit the Mumbai-based company after 18 months on the job, citing personal reasons.
The company is banking on investments lined up for product development and other innovations.
Mahindra pushes premium EV strategy with XEV 9e Cineluxe, blending luxury design, immersive technology and over 500 km range capability.
Tata Motors posted robust results for the June quarter, defying market forecasts and registering a 58 per cent rise in net profit for the period.
Tata Motors' commercial vehicles segment, which contributes more than half of the company's stand-alone profits and is the biggest truck maker in the country, on Monday said it has seen a slight revival in demand for heavy trucks and hopes for the trend to continue in the festive period.
Top commercial vehicle maker Tata Motors has raised the prices of its medium and heavy vehicles by 2-2.5 per cent on account of increase in input costs.
The bellwether scrip was the top gainer on both the key indices - Sensex and Nifty.
Tata Motors Ltd has completed the public filing for listing the American Depository Receipts on the New York Stock Exchange.
The vehicle is being manufactured in the company's Bhosari plant.
The JV company, Tata Motors (Thailand) Ltd was formed between the two in December 2006. Tata Motors holds 70 per cent stake and Thonburi the balance 30 per cent.
Tata Motors on Tuesday reported a 13.7 per cent increase in total vehicle sales for the fiscal ended March 31, as compared to the previous fiscal.
Foreign fund house Citigroup Global Markets Mauritius on Tuesday bought 0.97 per cent stake in Tata Motors for Rs 350.13 crore (Rs 3.50 billion) through open market transaction -- as part of the 5.34 per cent residual stake that Dailmer sold in the country's largest automaker.
Tata Motors is looking to ramp up the production of electric vehicles as demand continues to outpace the manufacturing activity by a huge margin, according to a top company official. The Mumbai-based automaker, which led the passenger electric vehicle space in the domestic market in last fiscal year, has been receiving an average of 5,500-6,000 bookings in the past two months for its EV range. The company sells three electric products -- Nexon EV, Tigor EV and XPRES-T -- in the domestic market.
Tata Motors on Friday said the company's sales jumped 9.1 per cent in November with 34,282 vehicles sold during the month compared to 31,428 unit in the same period last year.
It was late last year when Tata Motors announced that it would set up the first plant for producing the Rs 1-lakh car at Gujarat's Sanand rather than Karnataka's Dharwad, among other places.
The New Tata Punch is a fantastic deal for first-time buyers. You get SUV capabilities and premium features like Clima Touch Automatic Temperature Control, an integrated air purifier, and rain-sensing wipers, says Rajesh Karkera.
Industry sources said Tata Daewoo Commercial Vehicle and Telco Construction Equipment Company might be the first off the block.
With the theme 'Smart Mobility, Smart Cities', the company's display at the Auto Expo is focusing on intelligently-connected cities designed to offer convenience, safety, security, and efficiency to its customers.
We call it Nano, they don't have to, says vice-chairman Ravi Kant
JLR's product pipeline and margin uptick will ensure good revenue and profit growth.
Tata Motors, part of the $100 billion Tata conglomerate, said consolidated net profit for the April-June quarter rose to 53.98 billion rupees ($882.31 million) compared with Rs 17.68 billion a year ago.
It is keen on electric cars as battery costs go down
Riding on the back of Indica, which crossed the sales mark of 9,000 units, Tata Motors on Friday reported a 31.3 per cent increase in its October sales at 35,283 vehicles as against 26,862 units in the same month last fiscal.
Company MD Ravi Kant meets Chief Minister Buddhadeb, discusses plan.
Tata Motors will see 'strong operational recovery of its domestic business, which we believe should be the prime driver of stock valuations', Merrill Lynch said in a research report, adding that 'Jaguar Land Rover is likely to recover next year'.
So what's special about the Kaziranga range? Rajesh Karkera and Hitesh Harisinghani find out.
'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'
Tata Motors-owned Jaguar Land Rover reported 25 per cent increase in its global sales in November this year at 37,403 units.
Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.
Sales of commercial vehicles declined 24.51 per cent in June to 31,384 units from 41,577 units a year ago.
Tata Motors on Thursday said its car sales in August 2003 grew by 23.5 per cent to nearly 11,700 units over 9,482 units sold in the same month last year.
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