Page 45 - Tata Motors

Tata Motors cuts pick-up production at Pantnagar plant by 17% to 15K units

The Pantnagar facility manufactures the sub 1-tonne mini-truck Tata Ace series and Intra truck, the small commercial vehicle

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

Over the next two months, they plan to install 45 more chargers across other four cities

Petronet joins hands with IGL and GSPC to sell liquefied natural gas

Company CEO Prabhat Singh said it was in the final stages of inviting bids to set up Liquefied natural gas (LNG) outlets

N Chandrasekaran re-appointed as director of Tata Motors with 98.65% votes

Addressing shareholders at the annual general meeting on Tuesday, Chandrasekaran said the company is looking for partnerships for Jaguar Land Rover to lessen the financial burden

Tata Motors scouts for partners to fund JLR's capital expenditure needs

JLR has already pared capex by almost a fifth in the last 12 to 18 months and may have to do more in the wake of multiple headwinds

Tata Motors Q1 loss nearly doubles to Rs 3,680 cr on lower JLR sales

This is its fourth loss in five quarters, with sales volume down 21 per cent over the year-ago period

Tata Motors Q1 preview: Muted performance seen amid decline in volumes

Market participants should focus on the current demand trends for JLR and outlook for key markets, update on cost-cutting initiatives at JLR, and demand trend in domestic markets

Tata Motors MD draws over two times more salary than M&M's in FY19

Homegrown auto majors Tata Motors and Mahindra & Mahindra are close rivals in the automotive market but when it comes to remuneration of their top honchos, the former is miles ahead of the latter. Tata Motors Managing Director and CEO Guenter Butschek's total remuneration was at Rs 26.29 crore, an increase of 1.57 per cent from the previous year, according to the company's annual report for 2018-19. On the other hand, Mahindra & Mahindra (M&M) Managing Director Pawan Goenka's total remuneration for FY2018-19 was at Rs 12.19 crore, which was at a marginal decline of 0.16 per cent from the previous fiscal, its annual report for 2018-19 showed. Tata Motors said Butschek's remunerations included performance bonus and long-term incentive plan of Rs 9.23 crore and retirement benefits of Rs 32,02,494. The performance bonus of EUR 5,94,000 (at conversion rate of Rs 77.67 as on March 31, 2019) will be paid during FY 2019-20, the company said, adding his remunerations also .

Automobile R&D investments soar on new regulations, emerging technologies

Multiple factors have driven the increase in R&D spending

JLR sales decline 9.6% to 47,060 units in June, says Tata Motors

Land Rover sales were at 32,127 units, down 10.1 per cent from the same month last year

Tata JLR unveils major electric car investment plans for UK

The company said these critical steps will also support and grow the existing supply chain, making the UK less dependent on essential materials sourced abroad today

Jaguar Land Rover CEO Ralf Speth's salary falls 42% in two years: Report

Compensation of Tata Motors MD & CEO Butschek rises 14% in the same period

Tata Motors sales down 14% at 49,073 units in Jun; PV segment takes 27% hit

Passenger vehicle sales in domestic market dropped by 27 per cent to 13,351 units as compared with 18,213 units in June 2018

Tata Motors needs new partners, solutions to stay relevant: Chandrasekharan

The next few years will be decisive for Tata Motors and the company needs to transform itself to be relevant in the world of future mobility by forming partnerships, developing new solutions and optimise investment, according to Chairman N Chandrasekaran. In his address to shareholders in the company's Annual Report for 2018-19, he also reiterated that transition to electric mobility needs to be well planned with government and industry working together to ensure development of ecosystem while incentives are provided to stimulate demand and sustainability goals are achieved. With Jaguar Land Rover (JLR) facing challenges in the last one year, Chandrasekaran said the British arm is taking steps to cut costs and is actively looking at partnerships while taking a calibrated approach towards future investment in the product portfolio. "The next few years are going to be decisive for our company. We have to focus on strong operational excellence to deliver positive cashflows while making

Turnaround 2.0: Tata Motors bets on new launches, cost-cutting for revival

Tata Motors hopes that rapid product launches, larger footprint and platform synergy will catapult it among the top four

Tata Motors reports 26% decline in domestic sales to 40,155 units in May

The company had sold 54,290 units during the same month last year, Tata Motors said in a statement

It's going to be extraordinary year for Tata Motors: CEO Guenter Butschek

Transition from BS-IV to BS-VI Tata Motors' biggest challenge, says Guenter

Tata Motors Q4 net profit skids 49% to Rs 1,108 crore on JLR woes

CFO says corrective actions taken in China will help in reviving sales by next quarter

Tata Motors' Q4 profit slumps 47% to Rs 1,117 crore as JLR sales hit

Revenue from wholly owned subsidiary Jaguar Land Rover Automotive PLC fell 5% to Rs 65,146 billion

Debt-laden Tata Motors, Vedanta see rise in credit default swaps

Both companies are heavily in debt, posing a risk to their financial health