Tata Motors
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Tata Motors asked to pay Rs 3.5L for misleading advertisement on mileage
Business | Mar 05, 2020, 06:53 PM ISTThe country's apex consumer commission, NCDRC, has asked Tata Motors to pay Rs 3.5 lakh towards compensation and punitive damages for misleading advertisements making false mileage claims regarding its car Tata Indigo.
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Tata motors Feb sale dip 34 per cent
Business | Mar 01, 2020, 07:55 PM ISTTata Motors Ltd on Sunday reported a decline of 34 per cent in domestic sales at 38,002 units in February. The company had sold 57,221 units in the same month last year.
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Tata Motors' board approved committee gives nod to raise Rs 500 crore
Business | Feb 26, 2020, 11:54 AM ISTTata Motors on Wednesday said its board approved committee has given its approval for raising Rs 500 crore through issuance of non-convertible debentures on private placement basis.
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Tata Motors-owned JLR posts revenue hike amid sales fall
Business | Jan 30, 2020, 09:25 PM ISTTata Motors-owned Jaguar Land Rover (JLR) on Thursday posted revenues of 6.4 billion pounds in the quarter ending December 2019, marking a 2.8 per cent rise year-on-year. The UK-based luxury carmarker said that while its total retail sales fell 2.3 per cent.
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Tata Motors JLR to cut 500 jobs at UK factory
Business | Jan 22, 2020, 08:30 PM ISTTata Motors-owned Jaguar Land Rover (JLR) on Wednesday said that around 500 jobs will be affected as it cuts down on shifts to optimize car production at its Halewood factory in Merseyside.
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Tata Motors launches Tata Altroz: Check price, features, specifications
Auto | Jan 22, 2020, 02:12 PM ISTTata Motors on Wednesday entered into the premium hatchback segment with the rollout of Altroz at a starting price of Rs 5.29 lakh (ex-showroom India). Unveiled in December last year, the Altroz, which is the industry's first BSVI diesel-ready car is also the first vehicle model based on the brand’s Alfa platform and the second vehicle showing the Impact 2.0 design language.
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Tata Motors to start rolling out BSVI-compliant passenger vehicles from this month
Business | Jan 09, 2020, 10:16 PM ISTTata Motors said on Thursday that it will start rolling out BSVI-compliant passenger vehicles from this month. The auto major also plans to have four global unveils and display 14 commercial and 12 passenger vehicle at the upcoming Auto Expo, Managing Director and Chief Executive Officer Guenter Butschek said.
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Tata Motors partners Prakriti E-Mobility to deploy 500 Tigor EVs in New Delhi
Auto | Dec 27, 2019, 05:06 PM ISTTata Motors on Friday said it has partnered app-based taxi service provider Prakriti E-Mobility to deploy 500 Tigor electric vehicles (EVs) in the national capital.
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Tata Motors unveils Nexon EV with over 300 km range
Auto | Dec 19, 2019, 04:31 PM ISTAuto major Tata Motors on Thursday unveiled its first electric SUV Nexon EV that will be commercially launched within weeks. The SUV, built on its most popular SUV Nexon, is the first electric vehicle (EV) powered by Ziptron technology and offers "a range not less than 300 km per charge" and can accelerate to 100 kmph in just 9.9 seconds.
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No plan to reduce headcount due to slowdown: Tata Motors
Business | Dec 15, 2019, 12:52 PM ISTTata Motors is not looking to reduce the workforce due to the ongoing slowdown in the domestic market, as it expects things to get better amid a wave of new products lined up for the launch over the next few months, a top company official has said.
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After Maruti and Tata Motors, Hyundai to increase vehicle prices from January
Business | Dec 10, 2019, 12:58 PM ISTHyundai Motor India on Tuesday said it will increase prices of its entire product range from next month to primarily offset the impact of rising input costs. "The extent of price increase may vary for different models and fuel types," Hyundai Motor India Ltd (HMIL) said in a statement.
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Tata Motors to add another 100 sales outlets for passenger vehicles this fiscal
Business | Dec 09, 2019, 04:55 PM ISTThe company, which has around 860 sales outlets spread across the country, has already added up around 100 outlets in the current financial year till now
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Tata Motors to hike passenger vehicle prices from January 2020
Business | Dec 04, 2019, 12:31 PM ISTTata Motors on Wednesday said it will increase prices of its passenger vehicles from January, primarily in order to offset impact of upgrading its portfolio to conform to BSVI emission norms. The company currently sells products ranging from hatchback Tiago to SUV Harrier, priced between Rs 4.39 lakh and Rs 16.85 lakh (ex-showroom Delhi).
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Tata Motors bags orders for over 2,300 buses from various STUs
India | Dec 02, 2019, 06:03 PM ISTTata Motors on Monday said it has bagged an order for over 2,300 buses from various state transport undertakings (STUs) and is working to complete deliveries of the same by February next year.
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Tata Motors total sales down 25% at 41,124 units in November
Business | Dec 01, 2019, 05:52 PM ISTPassenger vehicle sales in the domestic market during the month stood at 10,400 units as against 16,982 units in the same month previous year, down 39 per cent.
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Tata Motors raises USD 300 million from overseas markets
Business | Nov 20, 2019, 06:30 PM ISTShares of the company on Wednesday ended 0.3 per cent lower at Rs 167.25 apiece on the BSE.
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Tata Motors ties up with Lithium Urban for Electric Vehicle segment
Business | Nov 18, 2019, 02:36 PM ISTAs part of the agreement, the auto major will supply 400 Tigor EV units to Lithium Urban by the end of the current fiscal, Tata Motors said in a statement. The partnership also entails supply of 100 more electric vehicles, like the upcoming Nexon EV, from the company's stable
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Tata Motors' India operations face acute challenges: Moody's
Business | Nov 12, 2019, 03:01 PM ISTMoody's assigned a Ba3 rating to the proposed senior unsecured notes to be issued by Tata Motors. The rating outlook is negative, Moody's said in a statement.
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Tata Motors sales down 34 pc in October at 41,354 units
Business | Nov 01, 2019, 06:12 PM ISTTotal domestic sales were down 32 per cent at 39,152 units as compared with 57,710 units in October last year, it added. Passenger vehicle sales in the domestic market during the month stood at 13,169 units as against 18,290 units in October last year, 28 per cent down.
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Tata Motors zooms 16 per cent after Q2 earnings
Business | Oct 29, 2019, 12:32 PM ISTThe homegrown auto major on Friday reported a consolidated net loss of Rs 187.7 crore for the quarter ended September 30, against a loss of Rs 1,009.49 crore in the same period of 2018-19.