Tata Motors shares were buzzing in trade a day ahead of Q4 results, with the stock rising up to 3.39 per cent to hit an intraday high of ₹732.55.
Days after confirming a landmark Free Trade Agreement (FTA) with India, British Prime Minister Keir Starmer on Thursday chose a Tata Motors-owned Jaguar Land Rover (JLR) factory in northern England to announce a historic trade deal with the US. Following a phone call with President Donald Trump, Starmer addressed JLR workers in Solihull to highlight the "big win" for the automotive industry as a result of car export tariffs being cut from 27.5 per cent to 10 per cent. This will apply to a quota of 100,000 UK cars, almost the total number Britain exported last year. We are the first country to secure such a deal with the United States and in an era with global insecurity and instability that is so important, said Starmer. We are sending a message to the world that Britain is open for business, striking trade agreements with India on Tuesday, with the US today and working to boost trade with other partners too, including of course the EU (European Union) with whom we have a really ..
Tata Motors share price: In the past one year, Tata Motors shares have lost 34 per cent as against Sensex's rise of 9.6 per cent
Tata Motors share price today: The rally in Tata Motors shares today came amid reports that the company's luxury car unit Jaguar Land Rover (JLR) may have started exports to the United States (US)
Media report suggests President Donald Trump is considering possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.
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