Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.
Tata Motors expands its market leadership in India's electric passenger vehicle (ePV) segment, capturing 39 per cent of the market in Q1FY27, while simultaneously strengthening its position as the nation's second-largest carmaker amidst fierce competition and rapid market growth.
Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.
Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.
Tata Motors Passenger Vehicles is gearing up for the next phase of electric vehicle adoption in India, targeting over 30% EV penetration by FY31. The company plans to launch four new products and over ten refreshes by FY31, expanding its portfolio to ten EV nameplates. This strategy aims to move beyond early adopters to engage the early and late majority consumers, focusing on enhanced range, faster charging, and improved battery technology.
Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.
Commercial vehicles major Tata Motors Ltd has announced a record 144 patent applications filed in FY26, its highest in a single year, focusing on vehicle safety, reliability, cost, comfort, and future mobility solutions like electric and hydrogen vehicles.
Tata Motors emerged as the biggest gainer in the passenger vehicles (PV) market in the second half of FY25, following a GST rate cut in September, achieving the highest growth among major OEMs and overtaking Mahindra & Mahindra in volumes.
Tata Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.
With its Battery-as-a-Service (BaaS) model Tata Motors just redrew the EV battle lines, says Rajesh Karkera/Rediff.com
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.
Leading automakers in India, including Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai, reported increased vehicle dispatches to dealers in February, driven by sustained domestic demand.
At an aggressive starting price of 18.79 lakh, the Tata Sierra.ev has a real-world range of 510 to 530 km with the 75 kWh battery pack on a single charge while the smaller 63 kWh battery coughs out a real-world range of 440 to 460 km, plus lifetime battery warranty as standard. And with the intelligent Quad-Wheel Drive system pushing out 504 Nm of torque, the EV flies from 0 to 100 km/h in just 5.8 seconds, says Rajesh Karkera.
New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
Passenger vehicle sales in India are estimated to have surged by nearly 25 per cent in June 2024, reaching approximately 4 lakh units, with Maruti Suzuki, Tata Motors PV, and Mahindra & Mahindra leading the growth, despite concerns over geopolitical tensions and monsoon impact.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
Tata Motors' commercial vehicle (CV) business debuted on the BSE on Wednesday, completing the automaker's long-planned demerger into separate listed entities for its passenger and CV operations.
Electric passenger vehicle retail sales in India surged by 81.2 per cent to 26,682 units in May, with Tata Motors leading the segment, while electric two-wheeler sales also saw a substantial 62.76 per cent increase, according to the Federation of Automobile Dealers Associations (FADA).
Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.
Tata Motors Passenger Vehicles is the latest to come forward to honour them as the company has decided to present the team members with the soon-to-be-launched Tata Sierra.
Tata Motors' 2026 Tiago facelift is a tech-loaded and safety-focused entry-level hatchback, with prices starting at Rs 4.69 lakh.
JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.
Tata Motors Passenger Vehicles Ltd on Tuesday said it delivered over 1 lakh vehicles in 30 days from Navratri to Diwali, a growth of 33 per cent over the same period last year. The deliveries were led by SUVs with electric vehicles also showing strong traction, Tata Motors Passenger Vehicles Ltd managing director and CEO Shailesh Chandra said in a statement.
The Curvv hasn't set the sales charts on fire and Tata needs another product aimed straight at the Hyundai Creta, which is where the Sierra fits in.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
The Delhi government has approved the Delhi EV Policy 2.0, which will phase out fresh registrations of internal combustion engine (ICE) two-wheelers and three-wheelers over the next two years, starting with a ban on ICE 3Ws and N1 category LCVs from January 1, 2027, and ICE 2Ws from April 1, 2028.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"
