Tata Motors on Tuesday reported a 3 per cent decline in its group global wholesales, including Jaguar Land Rover, at 3,66,177 units in the fourth quarter of 2024-25 as compared to the year-ago period. Global wholesales of Tata Motors passenger vehicles, including electric vehicles, in Q4 FY25 were at 1,46,999 units, lower by 6 per cent against Q4 FY24, the company said in a statement. British arm Jaguar Land Rover clocked 1,11,413 units in the fourth quarter, up 1 per cent from the same period a year ago. Jaguar wholesales during the quarter were 7,070 units, while Land Rover wholesales stood at 1,04,343 units, it added. Tata Motors said its commercial vehicles and Tata Daewoo range sales were at 1,07,765 units in Q4 FY25, lower by 3 per cent over Q4 FY24.
The announcement comes soon after JLR announced a temporary pause in the shipments to the US in response to the 25 per cent tariff on auto imports imposed by the Donald Trump administration
Tata Motor shares have corrected 44.52 per cent from its 52-week high of Rs 1,179.05, hit on July 30, 2024.
Tata AutoComp Systems Ltd on Sunday said it will acquire 80 per cent stake in Artifex Interior Systems Ltd, a part of the Jaguar Land Rover group, for an undisclosed sum. On completion of this transaction, Artifex, with revenue of GBP 296 million (FY25), will join the TATA Autocomp (TACO) family, the company said in a statement. The company has purchased the majority shareholding from Jaguar Land Rover Ventures Ltd, a subsidiary within the Jaguar Land Rover Automotive Plc group, which is part of Tata Motors Ltd, it added. With this acquisition, TACO consolidates its position as one of India's largest automotive component manufacturers, strengthens its presence in Europe's automotive sector, and further establishes itself as an integral part of the supply chain for Jaguar Land Rover vehicles, the company said. "This acquisition aligns with our strategic vision of expanding our global footprint and strengthening our expertise in automotive interior systems," Tata AutoComp Systems Vic
The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically
Analysts are cautious about JLR's performance in FY26, especially with the discontinuation of Jaguar models and a weaker outlook in China, a key market for JLR.
Tata Motors is offering an exchange bonus of up to Rs 50,000, 100 per cent on-road financing with zero down payment, and more
The tax changes will be implemented from April 1 and people will see more money in their pockets, P B Balaji, group chief finance officer at Tata Motors Ltd. said in an interview
Tata Motors' consolidated profit for Q3FY25 fell 22.4 per cent year-on-year (Y-o-Y) to Rs 5,451 crore, from Rs 7,025 crore in Q3FY24
Revenues of commercial and passenger vehicles were down 8.4% and 4.3%, respectively
At a time when the external environment is extremely cloudy, the Union Budget can look at consumption-boosting measures to push demand and drive domestic growth, Tata Motors Group CFO PB Balaji said on Wednesday. After a good festive season, demand has been weak due to a combination of factors, including tight liquidity and "not so great" market conditions although not a crisis situation, Balaji told reporters in an earnings call. Stating that there is an expectation of a gradual improvement in demand going forward with the fourth quarter being usually strong and due to the impact of infrastructure investments by the government, he said, "If, on top of it, there are consumption (boosting) measures (in the Budget), then that will help also navigate some of the not so great external situations that all of us face". "If there are a fair bit of clouds in their external horizon, what better place than to look at our internal consumption to drive it (growth) forward?" Balaji noted. Spell
Tata Motors shares were buzzing in trade ahead of Q3 results. At 2:35 PM, Tata Motors share was trading 3.43 per cent higher at Rs 737.60
The northward move in the Tata Motors share today came after domestic brokerage DAM Capital upgraded Tata Motors to 'Buy' from 'Neutral'
In Jan 2024, the luxury car maker announced its plans to transition to fully electric car line up by 2025
The recovery in the Tata Motors share price despite weak Q2 results, analysts believe, is due to valuation comfort
In the domestic segment, both commercial vehicles (CV) and passenger vehicles (PV) face pressures from lower volumes and rising discounts, particularly impacting the India business
Jaguar Land Rover on Wednesday said it has launched an initiative in India to work closely with startups for developing the next generation of products and services that will help define the company's future client experiences. The Tata Motors-owned marquee brand has launched the Open Innovation Hub in Bengaluru, building on the success of the company's existing initiatives in the UK, US, Israel, and Brazil. The India hub will focus on deep tech including artificial intelligence, big data and analytics, internet of things, ADAS (Advanced Driver Assistance System) and sensors and devices, Jaguar Land Rover (JLR) said in a statement. "India's rapidly-growing startup sector and JLR's already established presence and close links to the Tata Group make the country the ideal location for the newest innovation hub," JLR's Innovation Director Igor Murakami said. Through global collaborations, the initiative is connecting the automaker to the next generation of talent and technologies, he .
The story of two iconic brands Jaguar and Land Rover entering the Tata stable began with an insult Ratan Tata couldn't bear. Back in 1998, the legendary industrialist launched his dream project, Tata Indica -- India's first hatchback with a diesel engine. But sales initially were slow and Tata Motors decided to sell off its fledgling car business within a year of its debut. US auto giant Ford was seen as an ideal candidate. The company acceded to a meeting requirement from Ford Motors. Officials of the US firm came to Bombay House for talks sometime in 1999. During the meeting at the Tata headquarters, the American company evinced interest in buying out the business. To take the deal forward, Ratan Tata and his team flew to Detroit to meet Bill Ford, then the chairman of Ford. The meeting lasted about three hours but did not go well. The American businessman was condescending and "humiliated" the Indian businessman, according to a person who attended the meeting. "You do not kn
Ratan Tata's tenure as chairman was marked by transformative achievements, including the Tata Indica and the acquisition of Tetley, and Jaguar Land Rover, expanding the group's global footprint
Tata Motors on Tuesday reported an 11 per cent decline in group wholesales, including Jaguar Land Rover, at 3,04,189 units in the second quarter of the ongoing fiscal as compared to the same period last year. Global wholesales of Tata Motors passenger vehicles in Q2 FY25 were at 1,30,753 units, lower by 6 per cent as compared to Q2 FY24, the company said in a statement. Similarly, the global wholesales for Jaguar Land Rover were at 87,303 units, lower by 10 per cent as compared to Q2 FY24, it added. Jaguar's wholesales for the quarter were 5,961 vehicles, while Land Rover's wholesales for the quarter were 81,342 vehicles, the company said. Tata Motors said global wholesales of its all commercial vehicles and Tata Daewoo range in Q2 FY25 were at 86,133 units, lower by 19 per cent as compared to Q2 FY24.