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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’ arm reports retail sales of 48,160 units in November 2018

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has reported total retail sales of 48,160 vehicles in November 2018, down 8.0% year-on-year reflecting continuing challenging market conditions in China while other major markets were up. Retail sales were up significantly in North America (18.1%) due to strong sales of Range Rover models in Jaguar Land Rover’s best ever ... Read More »

Force Motors’ SCV & LCV production stands at 1,130 units in November

Force Motors has reported the production, sales and export of the products manufactured by the company during the month of November 2018. The company’s production of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) stood at 1,130 units and Utility Vehicles (UV), Sports Utility Vehicles (SUV) & Tractors stood at 912 units. The company’s domestic sales for SCV & ... Read More »

Tata Motors planning large-scale overhaul of its sales network

Tata Motors is planning a large-scale overhaul of its sales network across the country over the next one year as it prepares to bring in new products, including premium SUV Harrier. The company, which plans to have all its future products on just two platforms — Omega and Alpha, currently has around 790 dealerships across the country. Tata Motors is ... Read More »

Tata Motors’ arm launches special edition of Jaguar XJ model

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has launched a special edition of its Jaguar XJ model for Rs 1.11 crore in India to celebrate 50 years of the company’s flagship luxury saloon. The special edition, XJ50 will be available in long wheelbase with 3 litre diesel engine option. Tata Motors is India’s largest automobile company. Through ... Read More »

Eicher Motors’ motorcycle division reports 6% fall in November sales

Eicher Motors’ motorcycle division has reported 6% fall in sales at 65744 units in November 2018 as compared to 70126 motorcycles sold in November 2017. During November 2018, the number of motorcycles exported decreased by 69% to 718 units from 2350 units in November 2017. Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related ... Read More »

Tata Motors’ arm invests in WeTrip

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) — has made investment in WeTrip, a London-based digital platform for holiday planning and booking. WeTrip will be utilizing these funds to accelerate product development and support global growth plans. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South ... Read More »

Tata Motors’ arm to reduce workforce temporarily at UK plant: Report

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) is reportedly in a process to lay-off its workforce by around 500 in a temporary move at its plant in Wolverhampton, central England. The company is in process to make alterations in vehicle production schedules, the engine manufacturing centre will take a temporary pause in production. Tata Motors is India’s ... Read More »

Tata Motors’ arm gets UK funding for low-carbon vehicle technologies

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) — has won the backing of the UK government’s 25-million Pounds grant intended to accelerate the development of innovative low-carbon vehicle technologies. The funding will be provided through the UK’s Advanced Propulsion Centre (APC) enabling JLR and others to drive the development of low-carbon propulsion technologies and their supply chains. ... Read More »

Tata Motors’ arm launches new luxury SUV

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) — has launched a new compact luxury SUV, designed, engineered and manufactured in Britain, as a sign of its commitment to the UK car industry. The new Range Rover Evoque, dubbed a ‘baby’ Range Rover, which had its world debut in London, comes with a one billion pound investment to ... Read More »

Eicher Motors reports 6% rise in Q2 consolidated net profit

Eicher Motors has reported results for second quarter ended September 30, 2018. The company has reported a fall of 1.04% in its net profit at Rs 481.37 crore for the quarter under review as compared to Rs 486.44 crore for the same quarter in the previous year. However, total income of the company increased by 11.90% at Rs 2,499.34 crore ... Read More »

Tata Motors Group reports 6% growth in global wholesales in October

Tata Motors Group global wholesales in October 2018, including Jaguar Land Rover, were at 1,09,597 nos., higher by 6%, as compared to October 2017. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in October 2018 were at 44,380 number, higher by 19%, over October 2017. Global wholesales of all passenger vehicles in October 2018 were at ... Read More »

Tata Motors’ arm reports retail sales of 44,282 units in October 2018

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has reported total retail sales of 44,282 vehicles in October 2018, down 4.6% year on year despite strong sales of newer models, namely the Jaguar I-PACE and E-PACE and the refreshed Range Rover and Range Rover Sport. Retail sales rose significantly in the UK (46.9%) and North America (24.1%) with ... Read More »

Tata Motors enters into agreement with Gulf Oil Lubricants

Tata Motors and Gulf Oil Lubricants India (GOLIL) have signed an agreement to launch a range of co-branded lubricants for its passenger vehicle segment in India. The products launched under this range would cover the entire gamut of requirements by the Company, which would include engine oil, gear oil, coolant and brake oil. Additionally, the product range would offer best ... Read More »

Tata Motors reports domestic sales growth of 18% in October

Tata Motors has registered an impressive growth of 18% in its domestic sales at 57,710 units in October 2018, as against 48,886 units over last year. The company’s Commercial Vehicles (CV) domestic sales in October 2018 grew by 22% at 39,420 units over last year October. The M&HCV truck segment continued to grow by 16% at 13,185 units over last ... Read More »

Igarashi Motors completes acquisition of export division of Agile Electric

Igarashi Motors India has completed the acquisition of export division of Agile Electric Sub Assembly as a going concern on Slump Sale in terms of Business Transfer Agreement which were executed between the company and Agile Electric Sub Assembly. Igarashi Motors India is engaged in the production and sales of D.C. motors for toys and model ships. The product range ... Read More »

Tata Motors starts production of SUV Harrier

Tata Motors has started the production of its upcoming SUV Harrier that will launch in the market early next year. The first unit of Harrier was rolled out from the company’s manufacturing unit at Pune. The new assembly line at the Pune unit has been built in a record time of six months with the best manufacturing practices adopted from ... Read More »

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago and Tigor. The price of Tiago JPT and Tigor JPT will be Rs 1 lakh more than the present standard version. Tata Motors is ... Read More »

Tata Motors starts bookings for Harrier SUV

Tata Motors has started bookings for its upcoming Tata Harrier SUV from October 15, 2018. Customers can pre-book the new Harrier for a token of Rs 30,000. The Tata Harrier is based on the architecture derived from Land Rover’s legendary D8 architecture on which over 1 million SUVs have been sold worldwide. Tata Motors is India’s largest automobile company. Through ... Read More »

Tata Motors launches updated version of compact sedan Tigor

Tata Motors has launched an updated version of its compact sedan Tigor, priced between Rs 5.20 lakh and Rs 7.38 lakh (ex-showroom). The company is confident that the new Tigor will create excitement towards the brand, fostering the ongoing passenger vehicles (PV) growth journey. The compact sedan segment has been an important space for customers seeking premium-ness at best value ... Read More »

Tata Motors Group reports 6% growth in global wholesales in September

Tata Motors Group global wholesales in September 2018, including Jaguar Land Rover, stood at 1,23,577 units, higher by 6%, as compared to September 2017. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in September 2018 were at 52,018 units, higher by 25%, over September 2017. Global wholesales of all passenger vehicles in September 2018 were at ... Read More »

Tata Motors’ arm planning two-week shutdown at West Midlands plant

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) is planning two-week shutdown of its West Midlands plant in UK at the end of October to cope with weakening global demand for its luxury vehicles. JLR is focused on achieving operational efficiencies and will align supply to reflect fluctuating demand globally as required. Tata Motors is India’s largest automobile ... Read More »

Tata Motors’ arm reports retail sales of 57,114 units in September 2018

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) — has reported total retail sales of 57,114 vehicles in September 2018, down 12.3% year on year despite strong sales for new models including the Range Rover Velar and the Jaguar I-PACE and E-PACE. The sales in China declined by 46.2%, as ongoing market uncertainty resulting from import duty changes ... Read More »

Tata Motors launches new premium variant of SUV Hexa at Rs 15.27 lakh

Tata Motors has launched a new premium variant of its lifestyle sports utility vehicle (SUV) Hexa with 16 new features, priced at Rs 15.27 lakh (ex-showroom New Delhi). The Hexa XM Plus was made available with electric sunroof to enhance, which comes with a two years warranty and based on Aria platform and shares its engine with the Tata Safari ... Read More »

Eicher Motors’ arm to set up new manufacturing facility at Bhopal

Eicher Motors’ unlisted subsidiary — VE Commercial Vehicles (VECV) has decided to set up a new manufacturing facility at Bhopal. The existing capacity is 90,000 vehicles and the proposed capacity addition is 40,000 vehicles. The Period within which the proposed capacity is to be added is 18‐24 months. The investment required for setting up new manufacturing facility is Rs 400 ... Read More »

Force Motors inks contractual arrangement with MAN Trucks

Force Motors has entered into final contractual arrangement in respect of transfer of immovable properties and obtained delivery supplies movable properties and other assets from MAN Trucks India. Force Motors is a Pune-based commercial vehicle maker. It is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and ... Read More »

Tata Motors’ Pune plant bags ‘Renewable Energy Excellence End User’ award

Tata Motors’ Pune plant has bagged the prestigious ‘Renewable Energy Excellence End User’ award 2018 at Renewable Energy India Awards 2018. The company’s Pune plant was adjudged under the ‘RE Excellence End User’ category, which recognized its commitment to the ‘RE 100 initiative’ and its work towards mitigation of climate change. Tata Motors is India’s largest automobile company. Through subsidiaries ... Read More »

Sensex Slips 100 Points, Nifty Below 10,800; Tata Motors Falls Over 4%

The stock markets started the week on Monday on a negative note, with the S&P BSE Sensex dipping 56.31 points or 0.16 per cent to trade at 35,633.29 in early morning trade. The Nifty50 index fell 20.60 points or 0.19 per cent to trade at 10,807 mark. The domestic indices were down due to passive global cues. At 1:10 pm, ... Read More »

Bharat Forge concludes acquisition of 30.37% stake in TORK Motors

The investment of 30.37% is in 4,736 shares of Rs 10 each at a premium of Rs 21,103 each and; 2,841 preference shares of Rs 100 each at a premium of Rs 21,013Bharat Forge has completed Tranche I investment i.e. 30.37% (investment of 30.37% in 4,736 shares of Rs 10 each at a premium of Rs 21,103 each and; 2,841 ... 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 »