Tata Motors

Tata Motors taps used car market to boost electric vehicle resale, exchange

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, the company has already started work with used online car marketplace Spinny

Tata Motors hits 52-week high ahead of Q4 results; soars 32% so far in CY23

Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV).

Tata Motors to JBM: Bus makers shun govt contracts over payment concerns

Prime Minister Narendra Modi's government wants to deploy 50,000 electric buses countrywide over the next few years which is estimated to cost $12 billion

Tata Motors surges 8% on better than expected JLR wholesales in Q4

Tata Motors' wholesales of 107,386 units at JLR for Q4FY23, comes as a positive development as, during the last call, the company had guided for wholesales at over 80,000 units

Test -Tata Motors posts 8% jump in group global wholesales in January-March

Tata Motors on Friday reported an 8 per cent year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR), at 3,61,361 units in the fourth quarter of FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in the January-March period this year stood at 1,18,321 units, up 3 per cent over the same period of FY22, Tata Motors said in a statement. Dispatches of all passenger vehicles in the fourth quarter increased 10 per cent to 1,35,654 units over the corresponding quarter of the previous fiscal, it said. Global sales of JLR stood at 1,07,386 vehicles in the March quarter, which comprised 15,499 units of Jaguar and 91,887 units of Land Rover, it said.

Stocks to Watch: Tata Motors, ONGC, Maruti, HAL, RVNL, HG Infra, JSW Energy

Stocks to Watch: Oil related stocks like ONGC/Oil India/RIL/ refiners will be in focus as crude jumped 8 per cent following a surprise output cut by the OPEC+

Maruti Suzuki, Hyundai, Tata Motors report best-ever wholesales in FY23

Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal. Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country. The automaker dispatched 7,20,565 units to dealers last fiscal, up 18 per cent from 6,10,760 units in 2021-22. Its domestic dispatches rose to 5,67,546 units last fiscal, up 18 per cent from 4,81,500 units in the 2021-22 financial year. The country's second-largest carmaker said it was its best performance to date in terms of sales volume in the domestic market in a financial year. Tata Motors also

Tata Motors total domestic sales increase by 3% at 89,351 units in March

Tata Motors on Saturday said its total domestic wholesales increased by 3 per cent to 89,351 units in March compared to the same month last year. The company sold 86,718 units in March 2022. The auto major said its passenger vehicle sales in the domestic market stood at 44,044 units last month, as compared to 42,293 units in the same month last year. Commercial vehicle sales in the domestic market stood at 46,823 units as against 47,050 units in March 2022, it added. For the financial year ended March 31, 2023, the company sold a total of 9,31,957 units in the domestic market, an increase of 35 per cent over 6,92,554 units in 2021-22. Passenger vehicle dispatches rose 45 per cent to 5,38,640 units as compared with 3,70,372 units FY22. "FY23 has set a new record for passenger vehicle sales in India. The steep growth witnessed by the industry was driven by post COVID pent up demand in early part of the year, the launch of several new vehicles and easing of the semiconductor shortag

Tata Tiago EV to be official partner of IPL 2023 displaying at 12 stadiums

The electric hatchback ends the carmaker's streak of partnering with the popular cricket tournament in SUVs

Compliance period extended from 2 to 3 yrs for 'large corporates': Sebi

Capital markets regulator Sebi on Friday extended the compliance requirement to three years for 'large corporates' to raise at least 25 per cent of their incremental borrowings through debt securities to a contiguous block from two years at present. This comes after the board of Sebi approved a proposal in this regard on Wednesday. Currently, the rules mandate large corporates to mobilise a minimum of 25 per cent of their incremental borrowings in a financial year through the issuance of debt securities which has to be met over a contiguous block of two years. In a circular, Sebi "decided that the contiguous block of two years over which large corporates need to meet the mandatory requirement of raising minimum 25 per cent of their incremental borrowings in a financial year through issuance of debt securities will be extended to a contiguous block of three years (from the present requirement of two years) reckoned from FY 2021-22 onwards." In case a large corporate is unable to com

Stocks to watch: L&T, Coffee Day, Tata Motors, PNC Infratech, Gati, Carysil

Stocks to watch today: From Tata Motors to Coffee Day Enterprises, here are few stocks likely to see action in Tuesday's trade

Gentari signs pact with Tata Motors for 5,000 e-commercial vehicles

Clean energy solutions provider Gentari on Monday said it has signed an agreement with Tata Motors for the delivery of 5,000 units of e-commercial vehicles. The memorandum of understanding (MoU) through its affiliate entity is for three years, Gentari said in a statement. "Gentari, through its affiliated entity Amplus Power Supply Private Limited, signed an MoU with Tata Motors, India's largest commercial vehicle manufacturer, in 2022, whereby the latter will deliver 5,000 units of Tata Ace EV, over three years. The MoU includes delivery of 1,000 units in the first year for deployment in cities, such as Delhi, Bengaluru, Hyderabad, Pune and Kolkata," it said. High-quality electric four-wheelers coming into the market opens a whole new segment to electrify in the urban delivery ecosystem, MoEVing CEO Vikash Mishra said. "We are excited to work with Gentari to deploy three- and four-wheeler commercial electric vehicles across India to reduce the carbon footprint of deliveries. With o

Tata Motors goes even greener: To launch exclusive showrooms for EVs

At the outset, the company intends to open ten stores in the top ten Tier-2 cities

BS VI phase 2: Hyundai joins peers, bids farewell to diesel engine sedans

Diesel engine vehicles have seen a steep hike in prices after the second phase of BS-VI norms was implemented by the government

Stocks to Watch: Tata Motors, IOC, Hind Zinc, Sonata Software, Bandhan Bank

Stocks to Watch: Tata Motors will increase prices of its commercial vehicles (CV) range by 5 per cent starting April 1, in what would be its fourth such price hike this fiscal year

Tata Motors to raise prices of commercial vehicles by 5% from April

This would be the fourth price hike by India's largest automobile maker this fiscal year

Tata Motors announces hikes in commercial vehicle prices by 5% from April 1

Tata Motors on Tuesday announced increasing the prices of commercial vehicles by up to 5 per cent from April 1. The price increase comes in the wake of the implementation of the more stringent BS-VI phase II emission norms from next month, it said. The price increase will be applicable across the entire range of commercial vehicles, with the exact amount varying according to the individual model and variant, the company said in a statement. "Tata Motors will be implementing a price increase of up to 5 per cent on its commercial vehicles, starting from April," the company said. Tata Motors said it is upgrading its entire vehicle portfolio to conform to the stricter emission norms, which are set to come into force from April 1.

A labour hurdle to South Korean auto major Hyundai's expansion in India

Hyundai's aim to boost production by buying General Motors' Talegaon plant runs up against a two-year-old labour dispute

Hyundai Motors joins the list of increasing plant acquisitions in India

ArcelorMittal Nippon Steel and JSW Steel are fighting it out for NMDC's steel plant, while Tata inches closer to the iPhone plant acquisition

Tata Motors up 1% in weak market as Tata Technologies files DRHP with Sebi

This possible IPO along with the receipt of consideration of EV deal with TPG will support FCF generation from the India business to attain near debt zero in the India business, MOFSL said.