Tata Motors on Wednesday launched its Tiago EV with introductory prices for first 10,000 customers ranging between Rs 8.49-11.79 lakh
Industry sources said Tata Daewoo Commercial Vehicle and Telco Construction Equipment Company might be the first off the block.
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.
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.
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.
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'.
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
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 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.
Tata Motors-owned Jaguar Land Rover reported 25 per cent increase in its global sales in November this year at 37,403 units.
Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.
Sales of commercial vehicles declined 24.51 per cent in June to 31,384 units from 41,577 units a year ago.
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.
Tata Motors is banking on revotron engine to tap the petrol passenger car segment with three modes of drive.
Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.
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.
Discounts range between Rs 20,000 and Rs 80,000.
The company will market this new range in petrol engines under the Revotron brand.
Tata Motors on Tuesday said it is rejigging its dealerships with plans to open product category-specific outlets as it looks to increase sales volumes of passenger vehicles.
So what's special about the Kaziranga range? Rajesh Karkera and Hitesh Harisinghani find out.
Under the deal that gives Fusion Automotive exclusive marketing and distribution rights within the country, it will first start with a range of commercial vehicles in the fourth quarter of 2013, according to media reports.
Block closure planned keeping in mind the weak demand of commercial vehicles.
The main losers on the Sensex are Axis Bank, Tata Motors, Wipro, SBI and HDFC Bank.
Continued adverse global automotive market conditions have resulted in a overall reduction in Jaguar Land Rover volumes during the quarter.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
The company had sold 51,160 vehicles in the same month last year.
Tata Motors Ltd has posted a 57.7 per cent rise in total vehicle sales at 24,961 units, including exports, in April 2004 over 15,829 vehicles sold in the corresponding period last year.
Announcing that the company had completed its fund raising for repayment of the bridge loan taken to acquire British marquee car brands Jaguar and Land Rover, Tata Motors said this was achieved by extending the final maturity of $1 billion by 18 months up to December 31, 2010.
With the 40kWh battery and 65kW faster charging, it is now a legitimate primary car for a small family that can handle weekend trips easily, says Rajesh Karkera.
India should focus on producing cheap, efficient and small electric cars over the next five years. "This will boost energy conservation and help cut down carbon emissions," said Ravi Kant, chief executive officer, Tata Motors.
Both the companies have in the past worked together on several projects.
Tata Motors is unlikely to scale down its plans and go back to Singur for a smaller plant.
The funds would be utilised to meet capital and product development expenses in projects involving the growth of both its commercial vehicle and passenger car business units apart from other unspecified corporate purposes.
