Leading automobile manufacturer Tata Motors on Monday announced the launch of mini truck 'Tata Ace' in Sri Lanka.
Tata Motors, Hero MotoCorp, Ashok Leyland, M&M are up 3-6% on BSE.
Tata Motors, the country's largest automobile company, may tap its vehicle loans to raise funds for working capital and refinancing of loans for Jaguar and Land Rover acquisitions, investors and analysts said.
Opposition to the idea of quadricycles is a story of sour grapes, says Rajiv Bajaj.
Tata Motors, India's largest auto maker, will introduce its small car Nano--considered the world's cheapest--in Nigeria within next 18 months, ahead of its planned launch in Europe.
Tata Motors Ltd on Monday reported a 4.2 per cent decline in total sales, including exports, at 23,889 vehicles in April 2005 compared to 24,961 vehicles sold in April 2004.\n\n
The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn't set to change hands anytime soon.Tata and the vendors both say they plan to hold on to the lease titles, even as Trinamool Congress chief and Union railway minister Mamata Banerjee and the West Bengal government continue with their political posturing over a plan for a rail coach factory at the location.
The company is still short of over Rs 4500 crore (Rs 45 billion) to refinance the debt which is due before June 2 this year. The company had planned to raise the fund for refinancing through three routes. It planned to raise about Rs 4200 crore through rights issues which it managed after the issue devolved on underwriters in October as the stock prices were tumbling globally following the economic crisis.
Home grown auto major Tata Motors on Friday reported a 45 per cent jump in total vehicle sales at 44,357 units in May this year as against 30,593 units in the same month last year.
The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70.
One of the challenges on diesel engine is refinement.
Bengaluru-based electric air taxi startup Sarla Aviation has received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA), a crucial step towards commercial production of its indigenous electric vertical take-off and landing (eVTOL) aircraft. The company also inaugurated its new headquarters and announced partnerships, highlighting India's growing capabilities in advanced aerospace technology.
A bench of justices H L Dattu and C K Prasad, however, said that the Calcutta high court's interim order which had stated that the state need not part with the land for two months to allow it file its appeal, would continue.
The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.
Tata Motors on Wednesday forayed into the CNG segment with the launch of Tiago and Tigor trims, priced between Rs 6.09 lakh and Rs 8.41 lakh respectively (ex-showroom Delhi). The Tiago iCNG range is priced between Rs 6.09 lakh and Rs 7.64 lakh while the three variants of Tigor iCNG are tagged at Rs 7.69 lakh, Rs 8.29 lakh and Rs 8.41 lakh respectively. With the launch, the homegrown auto major plans to strengthen its position in the CNG market which has been growing at a fast pace. "It is very clear that the CNG segment is going to witness a steep growth over the next few years.
Looking to cover lost ground in the car market, auto major Tata Motors unveiled two new models, which it plans to start selling in the second half of the year.
Tata Motors said on Friday it has bagged the order for supplying 500 non-AC state-of-the-art low-floor CNG buses from Delhi Transport Corporation.
Other major gainers were Tata Steel, Yes bank, Axis Bank, Maruti Suzuki, Tech Mahindra and TCS -- rising as much as 7.09 per cent.
After rallying over 300 points, the 30-share BSE Sensex ended 169.14 points, or 0.42 per cent, higher at 40,581.71. Similarly, the broader NSE Nifty settled 61.65 points, or 0.52 per cent, higher at 11,971.80.
If you thought the Tata Nexon EV was it, wait till you drive the new Tata Nexon EV Max with more battery power, says Rajesh Karkera. Photographs and video: Hitesh Harisinghani/Rediff.com.
With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, and Skoda bet on shine and gloss,and place their faith in experiential branding.
The company has raised the rates of its utility vehicles Sumo and Grande MK II by Rs 7,800-Rs 10,300.
Appearing for West Bengal government's industries department, senior counsel Kalyan Banerjee claimed before the division bench that it did not have jurisdiction to hear the case.
Tata Motors on Thursday reported a 42.9 per cent rise in its sales during the fiscal 2003-04 at 3,14,256 vehicles, including exports, as against 2,19,865 units sold in the previous year.
The company's domestic market share is down to low single digits from nearly 15 per cent a decade ago and its bread-and-butter commercial vehicle business faces a slowdown as well as intense competition.
Tata Motors Quarteryl profit down 56 per cent on higher input cost
Under FAME-II, automakers provided subsidies to electric vehicle (EV) customers at the time of purchase, with the understanding that the government would reimburse the firms later.
Companies are ranked by total revenues.
Jaguar Land Rover has reached an agreement with Tata Motors to be an exclusive importer of these premium saloon cars and utility vehicles.
Under the passenger car division, the company sells small car Nano, hatchback Indica series and Indigo family of sedans.
Tata Motors, India's third-biggest carmaker, on Wednesday said it would invest a little over Rs 800 crore (Rs 8 billion) this fiscal for capacity expansion, product development and marketing.
Tata Motors said it may invest about Rs 600 crore (Rs 6 billion) to develop Futuristic Infantry Combat Vehicles (FICV) and set up a manufacturing plant for rolling out FICVs for the Indian Army.
A price war started by German car makers in China may eat into JLR margins and volumes.
The Nifty ended down 29 points at 4,750.
Tata Motors is planning to invest Rs 15,000 crore in the EV segment in the next five years, a top company official has said. The company, which is a leader in the newly emerging EV segment with offerings such as Nexon, is also planning to develop around 10 more new offerings in the segment, president for Passenger Vehicles Business of Tata Motors Shailesh Chandra said. "As far as future is concerned, in next five (years) we will invest Rs 15,000 crore in electrification.
Deep in Tata Motors' largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker's next blockbuster car model.
Favourable response to launches, recovery in CVs will aid growth.
