Page 44 - Tata Motors

No Tata Nano production since Jan; only 1 unit sold in last 9 months

As per the filings by Tata Motors, the last time it produced Nano was in December 2018 when it rolled out 82 units from Sanand plant

Derivatives strategy on Tata Motors by HDFC Securities

Derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities

Maruti to Tata, festive season fails to help passenger vehicle sales

Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry. The country's largest carmaker Maruti Suzuki India said its domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018. Sales of mini cars comprising Alto and WagonR stood at 20,085 units as compared to 34,971 units in the same month last year, down 42.6 per cent. Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 22.7 per cent at 57,179 units as against 74,011 cars in September last year. The firm's mid-sized sedan Ciaz sold 1,715 units as compared to 6,246 units earlier. Similarly, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, declined marginally at 21,526 units as ...

Tata Motors reports 48% sales decline in September at 36,376 units

The company had sold a total of 69,991 units in the same month last year, Tata Motors said in a statement

Govt's role in emission should be confined to drawing up road map: Butschek

The first high-speed, fast-charging e-car with Ziptron technology will go on sale in the last quarter of the current financial year

Tata Motors to launch new EV in 2020 based on new technology for clean cars

Tata Motors said EVs built using the new powertrain technology will have a range of 250 kilometers on a single charge and the company will offer a warranty of eight years on the batteries

BMW should buy Jaguar Land Rover from Tata Motors, says Bernstein

Tata Motors may get 9 bn pound valuation

Tata Motors global sales decline 32% to hit 72,624 units in August

Global sales of Jaguar Land Rover stood at 39,615 units

Indian auto industry growth story about to collapse: Tata Motors MD

Welcoming the recent steps taken by the government, Butschek hoped for things to turn around, although the road ahead is still challenging

Auto stocks gain on reports of a likely cut in GST rate; Tata Motors up 6%

The government's plan comes at a time when the auto sector is grappling with a steep drop in sales due to weak consumer demand.

Automakers call for tax cuts as sales fall and analysts slash forecasts

Passenger vehicles sales in the country are set to fall for a tenth consecutive month in August.

Top 10 biz headlines: BPCL stake sale likely, Aug auto sales plunge & more

From the govt planning to offload its Rs 40,000-cr stake in BPCL to four- and two-wheeler sales falling by almost half in Aug from the equivalent month last year, here are today's top business stories

Amid slowdown, carmakers' bet on new launches pays off to an extent

Carmakers launched as many as 14 new models between April and July 2019

Auto companies cut more jobs, halt production as India slowdown bites

Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.

CRISIL downgrades rating of Tata Motors to 'AA-' on JLR outlook

Crisil on Wednesday downgraded the rating of Tata Motors by a notch to 'AA-' on weakening of outlook on the business risk profile of Jaguar Land Rover (JLR). The long term rating of the company has been downgraded from 'AA' to 'AA-' with negative outlook, Tata Motors said in a regulatory filing. The rating action is based on the weakening of outlook on the business risk profile of JLR, it said. Earlier this week, global ratings agency S&P reaffirmed Tata Motors' long-term issuer and issue credit ratings at 'B+' and kept the outlook negative due to high cash burn at its British arm Jaguar Land Rover and geopolitical risks.

Tata Motors' JV JT Special Vehicles launches upgraded Tiago JTP, Tigor JTP

The upgraded versions have new features adding to the sporty feel, performance and comfort value of the vehicles, the company said in a statement.

S&P reaffirms B+ rating for Tata Motors, keeps outlook 'negative'

Ratings agency S&P has reaffirmed Tata Motors' long-term issuer and issue credit ratings to be 'vulnerable to nonpayment' while keeping the outlook negative. S&P Global Ratings said it has reaffirmed 'B+' on Tata Motors' long-term issuer and issue credit ratings while keeping negative outlook due to high cash burn at its British arm Jaguar Land Rover, geopolitical risks such as Brexit and the US tariffs, and India's automotive market slowdown. The ratings agency has also removed the company from CreditWatch stating geopolitical risks could take longer than expected to play out. "We expect Tata Motors' cash flow to stay negative at least for the next 12-24 months until global automotive demand recovers, the company's Chinese operations stabilise, and the expected cost cutting restores its financial health," S&P said in a statement. Tata Motors' first-quarter fiscal 2020 performance remained weak, despite expectations of a recovery over the next 12-24 months, it added. "In

Tata Motors, Mahindra cut production to align with tapering market demand

Home grown auto majors Tata Motors and Mahindra & Mahindra (M&M) are suspending automobile manufacturing in order to adjust production with market demand. M&M on Friday said it will be suspending production for 8-14 days in the ongoing quarter while Tata Motors also confirmed taking steps to align manufacturing with tapering demand. In a regulatory filing, M&M said it would be observing 'no production days' in various plants for 8-14 days during the second quarter of 2019-20. When contacted, a Tata Motors spokesperson said,"as indicated earlier, external environment remains challenging, leading to demand contraction. We have aligned our production to actual demand and adjusted the number of shifts and contractual manpower". The companies are announcing production suspension at a time when the domestic auto industry has been going through one of the longest sales slumps. In April-July, M&M's total domestic vehicles sales dipped 8 per cent to 1,61,604 units as ...

Tata Motors cuts Tigor EV prices by Rs 80,000 post GST rate reduction to 5%

Last week, the GST Council slashed the GST rate on EVs to 5% from 12% to boost the sales of these vehicles in the country

Tata Motors, Tata Power to install 300 charging stations in 5 cities

The companies on Friday inaugurated seven charging stations in Pune