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Tata Motors reports 26% decline in domestic sales in May

Tata Motors’ Commercial and Passenger Vehicles Business sales in the domestic market in May 2019 at 40,155 units witnessed a drop of 26%, as against 54,290 units sold in May 2018, as market sentiments continued to be muted. Tata Motors Commercial Vehicles (CV) Business sales in the domestic market in May 2019, at 29,329 units registered a drop of 20% ... Read More »

Eicher Motors’ motorcycle division reports 17% fall in May sales

Eicher Motors’ motorcycle division has reported 17% fall in sales at 62,371 units in May 2019 as compared to 74,697 motorcycles sold in May 2018. During May 2019, export of number of motorcycles marginal decreased by 1% to 2,160 units from 2,187 units in May 2018. The company’s sales of vehicles with engine capacity up to 350 cc decreased by ... Read More »

Tata Motors reports 49% fall in Q4 consolidated net profit

Tata Motors has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a net profit at Rs 106.19 crore for the quarter ended March 31, 2019 against net loss of Rs 499.94 crore for the same quarter in the previous year. However, total income of the company decreased by 7.21% at Rs 18,981.21 ... Read More »

J&K Bank joins hands with Tata Motors

Jammu & Kashmir (J&K) Bank has joined hands with Tata Motors to offer retail finance solutions for the entire range of cargo and passenger carriers. This partnership will also help the bank generate employment opportunities in J&K and other parts of the country. Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products ... Read More »

Tata Motors partners J&K Bank for retail financing of CVs

Tata Motors has inked pact with J&K Bank for retail financing of its commercial vehicles (CVs), including buses. As part of the pact, both entities will be working together to offer retail finance solutions for the entire range of cargo and passenger carriers. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in ... Read More »

Tata Motors surges on entering into partnership with Aaron Travels

Tata Motors is currently trading at Rs. 183.25, up by 3.00 points or 1.66% from its previous closing of Rs. 180.25 on the BSE. The scrip opened at Rs. 178.50 and has touched a high and low of Rs. 184.95 and Rs. 177.90 respectively. So far 1189218 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Tata Motors’ arm testing new ‘Smart Wallet’ technology

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) is testing new ‘Smart Wallet’ technology, which would enable future drivers of the luxury cars earn cryptocurrency and make driving related payments on the move. Smart Wallet will remove the need for drivers to hunt for loose change or sign up to multiple accounts to pay for a variety of ... Read More »

Force Motors’ SCV & LCV production stands at 713 units in April

Force Motors has reported the production, sales and export of the products manufactured by the company during the month of April 2019. The company’s production of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) stood at 713 units and Utility Vehicles (UV), Sports Utility Vehicles (SUV) & Tractors stood at 821 units. The company’s domestic sales for SCV & ... Read More »

Tata Motors reports 20% decline in domestic sales in April 2019

Tata Motors’ Commercial and Passenger Vehicles Business sales in the domestic market in April 2019 at 42,577 units witnessed a drop of 20%, as against 53,511 units sold in April 2018, as weak consumer sentiments continued. Tata Motors Commercial Vehicles (CV) Business sales in the domestic market in April 2019, at 29,883 units registered a drop of 18% compared to ... Read More »

Eicher Motors’ JV reports sales of 3,961 units in April

VE Commercial Vehicles, a joint venture (JV) between Eicher Motors and Volvo Group, has reported sales of 3,961 units in April, nearly flat on year. The JV had sold 3,960 units in April 2018. Eicher branded trucks and buses recorded total sales of 3,882 units in April as compared with 3,940 units in the year-ago month, down 1.47%. In the ... Read More »

Eicher Motors’ motorcycle arm reports 17% fall in total sales in April

Eicher Motors’ motorcycle arm — Royal Enfield has reported 17% fall in total sales to 62,879 units in April. The two-wheeler manufacturer had sold 76,187 units in April 2018. Domestic sales declined 21% to 59,137 units in April as against 74,627 units in the year-ago month. Exports during the month under review surged 140% to 3,742 units as compared to ... Read More »

Tata Motors gains on the BSE

Mumbai : Tata Motors is currently trading at Rs. 237.05, up by 1.15 points or 0.49% from its previous closing of Rs. 235.90 on the BSE. The scrip opened at Rs. 235.90 and has touched a high and low of Rs. 238.25 and Rs. 231.75 respectively. So far 945044 shares were traded on the counter. The BSE group ‘A’ stock ... Read More »

Tata Motors to fulfill order for supply of 255 electric buses by July

Mumbai : Tata Motors will fulfill the order to supply 255 electric buses to various state transport undertakings (STUs) by July this year. The company has already delivered the first batch of electric buses to various STUs as per the FAME I tender wins. The company admitted the delay in delivery due to supply constraints of batteries. Tata Motors is ... Read More »

Eicher Motors’ JV reports 7.8% fall in sales for March

Eicher Motors and Volvo Group’s joint venture (JV) — VE Commercial Vehicles has reported sales of 8676 units in March 2019, as compared to 9411 units in March 2018, recording a decline of 7.8%. This includes 8545 units of Eicher brand and 131 units of Volvo brand. Eicher branded trucks and buses recorded total sales of 8545 units in March ... Read More »

Tata Motors’ arm to launch electrified products in India by 2020

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) is planning to launch its electrified products in India. In line with Jaguar Land Rover’s global commitment to introduce electrified options on its entire product portfolio by 2020, Jaguar Land Rover India proposes to offer multiple products, ranging from Hybrid Vehicles to Battery Electric Vehicles (BEV) over the next few ... Read More »

Tata Motors’ arm to hike prices of select models from April

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) is going to hike prices of select models by up to 4 per cent with effect from April 1. JLR, however, did not specify which models will be affected by the price hike. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in ... Read More »

Tata Motors’ arm recalls 44,000 cars over CO2 emissions levels in UK

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has started a voluntary recall of around 44,000 cars in the UK over higher than certified levels of carbon dioxide (CO2) emissions. The company will contact the owners of the affected vehicles to arrange for free-of-charge repairs. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata ... Read More »

Tata Motors bags orders for 2,500 commercial passenger vehicles

Tata Motors has bagged orders for over 2,500 commercial passenger transportation vehicles from various institutional customers and the company is in the process of delivering these units. The company has bagged order for 1,045 buses from Gujarat State Roadways Transport Corporation (GSRTC) and 1,000 Winger ambulances from National Health Mission (NRHM), Uttar Pradesh, Gujarat, Himachal and Haryana. The company has ... Read More »

Tata Motors kick-starts ‘Her Key’ initiative

Tata Motors has kick-started its ‘Her Key’ initiative to inspire more Indian women to get behind the wheel and take up the Driver’s Seat. The ‘Her key’ initiative seeks to encourage women to take charge of their lives. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, ... Read More »

Tata Motors Group’s global wholesales decline by 9% in February

Tata Motors Group global wholesales in February 2019, including Jaguar Land Rover, were at 110,262 nos., lower by 9%, as compared to February 2018. Global wholesales of all Tata Motors’ Commercial Vehicles and Tata Daewoo range in February 2019 were at 84,512 nos., lower by 9% over February 2018. Global wholesales of all Passenger Vehicles in February 2019 were at ... Read More »

Kia Motors showcases world-class cars during the Design Tour in Udaipur

Udaipur : Kia Motors, world’s 8th largest automaker, during a design tour in Udaipur showcased two of their world-class cars.The company is all set to launch the much-awaited mid-SUV – SP2i in 2019 with an aim to be amongst the top 5 automakers in India within three years. With a target of launching a new car every six months after ... Read More »

Tata Motors reports 8% decline in domestic sales in January 2019

Tata Motors has registered a drop of 8% in its domestic sales at 54,915 units in January 2019, as against 59,441 units sold over last year. The company’s Commercial Vehicles (CV) domestic sales declined by 6% in January 2019 at 37,089 units, compared to 39,386 units sold last January. The M&HCV truck segment declined by 9%, at 11,694 units, compared ... Read More »

The wait is over! Tata Motors launches its much-awaited SUV – Harrier

Udaipur : Tata Motors today launched its much-awaited SUV, the Harrier, which has impressed one and all ever since its concept H5X was first showcased at the Auto Expo2018. Harrier will be on sale across Tata Motors authorized sales outlets in Rajasthan at a starting price of Rs.12.69 Lakhs, starting today. The Harrier is truly a global SUV, offering a ... Read More »

Eicher Motors’ Royal Enfield launches Bullet 500 ABS

Eicher Motors’ two-wheeler division — Royal Enfield has launched Bullet 500 ABS in the Indian market priced around Rs 1.86 lakh ex-showroom, Delhi. The non-ABS version is priced at Rs 1.73 lakh. This unit is a dual-channel system similar to that seen on other Royal Enfield ABS bikes. Eicher Motors is an India-based company, which is engaged in manufacturing automobile ... Read More »

Tata Motors’ arm reports 4.6% fall in retail sales in 2018

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has reported retail sales of totalled 592,708 vehicles in 2018, down 4.6% compared to 2017’s record year. The introduction of the Jaguar E-PACE and I-PACE led to Jaguar’s best ever annual sales results in 2018 up 1.2% to 180,833. However, this was more than offset by market weakness in China ... Read More »

Tata Motors to launch 7-seat variant of Harrier in 2019

Tata Motors will launch 7-seat variant of Harrier in 2019, which has been code-named the H7X. This variant will be 62 mm longer but with the same 2,741 mm wheelbase, has been spied testing both in India and on international roads. The 7-seat SUV will get a more powerful, BS VI-compliant version of the Harrier’s 2.0-litre Kryotec diesel engine. Tata ... Read More »

Tata Motors’ arm reports 16.23% rise in India sales during 2018

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has reported 16.23% rise in its sales in India at 4,596 units in 2018. The company had sold 3,954 units in 2017. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them ... Read More »

Tata Motors working with group firms to develop EV ecosystem

Tata Motors is working in partnership with other group firms namely Tata Capital for financing and Tata Power for the charging infrastructure network to develop electric vehicle (EV) ecosystem. The company is working on developing prowess in the field of EVs. The company participated in the tender floated by Energy Efficiency Services and has already completed the production of 250 ... Read More »

Tata Motors to raise Rs 500 crore through NCDs

Tata Motors has received an approval to raise Rs 500 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The company’s Authorized Committee in its meeting held on June 21, 2017 has approved the issuance of up to 5,000 Rated, Listed, Unsecured, 7.50% Coupon, Redeemable, NCDs of face value Rs 10 lakh each, at par, aggregating up to ... Read More »