Page 4 - Tata Motors Jaguar Land Rover

Tata Motors reports 11% decline in global wholesales to 304,189 units in Q2

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.

JLR's disappointing September quarter update drags Tata Motors share 4%

The decline in Tata Motors share came on the back of disappointing sales figures for Jaguar Land Rover (JLR) in the September quarter (Q2FY25).

Tamil Nadu plans supply park in Ranipet to meet Tata-JLR needs: TRB Rajaa

This Tata-JLR facility marks a new era for the industrial growth of Northern Tamil Nadu

Tata Motors shares slip 6% after UBS maintains 'sell' with target of Rs 825

With Wednesday's correction, the stock of the automobile company has plunged 17 per cent from its record high level of Rs 1,179.05 on July 30, 2024

JLR unlikely to leverage EV policy for now: Tata Motors on new EV policy

Expects incentives for 4W fleet to continue in FAME III

Tata Motors shares fall 5% after Q1 show; Check reasons, new target prices

The board of the company approved the demerger of the Tata Motors into two separate listed companies. The company revealed that the demerger will conclude in the next 12 to 15 months.

Tata Motors stock snaps 6-day winning streak on weak July 2024 sales

The fall in the share price came on the back of weak sales in July 2024.

Tata Motors Q1 Preview: JLR, Indian CV sales may fuel revenue growth

In the past week alone, Tata Motors' stock has climbed 18 per cent following an upgrade from brokerage firm Nomura, which set a 'Buy' rating and a target price of Rs 1,294 per share.

Nomura upgrades Tata Motors to 'Buy', sees 26% upside; check new target

On the bourses, Tata Motors stocks were buzzing in trade after several brokerages raised the target prices. The stock rallied as much as 3.82 per cent to hit a fresh record high of Rs 1,067 per share.

JLR to licence Freelander to develop EVs on Chinese JV partner's platform

Tata Motors-owned Jaguar Land Rover on Wednesday said it has signed a letter of intent with its Chinese joint venture partner Chery to license the Freelander brand to their JV for development of electric vehicles in China. Under the proposed new licensing agreement, CJLR -- a 50/50 joint venture of Jaguar Land Rover Ltd and Chery Automobile Company Ltd - - will pivot to produce an advanced portfolio of electric vehicles based on Chery's EV architecture, exclusively under the Freelander name, the company said in a statement. JLR's Freelander brand was a Land Rover vehicle which was produced between 1997-2015. It was succeeded by the Discovery Sport in 2016. "In reborn CJLR form, Freelander will offer a range of mainstream electric vehicles, initially sold in China through a distinct network but over time destined for global export," the statement said. The vehicles will be designed in collaboration with both Chery and JLR's creative teams to create a new positioning in the rapidly .

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

The presentation also highlighted that Jaguar Land Rover (JLR) is on course to achieve net debt-free status in the financial year 2025 (FY25)

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months

Tata Motors' May JLR UK sales zoomed 29 per cent on a year-on-year (Y-o-Y) basis to 6,093 units, as opposed to 4,732 units in May last year

Demerger to help commercial vehicle biz capitalise globally: Tata Motors

The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata Motors Executive Director Girish Wagh. In march this year, Tata Motors announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. As part of the initiative, the commercial vehicle (CV) business and its related investments would be housed in one entity, while the passenger vehicle (PV) business, including electric vehicles (EVs), Jaguar Land Rover (JLR) and its related investments, will come under a separate listed entity. "The proposed demerger will help us improve focus and make us more agile to capitalise on opportunities in the CV market globally," Wagh, who heads the company's commercial vehicle business, said in a message to shareholders in the auto major's Annual Report for ..

India to make JLR's Range Rover for first time, delivery starts May 24

Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company

Tata Motors stock drops 8% as gloomy outlook overshadows Q4 show

The stock is the top loser on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)

Tata Motors Q4 Preview: Robust sales, low commodity prices to aid earnings

Analysts anticipate robust results for Tata Motors, propelled by the advantages of operating leverage, favourable commodity trends and strong volume growth across its various segments

Will Tata Motors drive out of Nifty, Sensex, MSCI, FTSE? What analysts say

In the past one year, shares of Tata Motors have been in top gear and have outperformed all stocks that comprise the Nifty Auto index with a rise of nearly 131 per cent during this period, shows data

Tata Motors plans to demerge business into two separate companies

'The demerger is a logical progression of the subsidiarisation of PV and EV businesses done earlier in 2022 and shall further empower the respective businesses,' Tata Motors said in a statement

Tata JLR aims to generate over a third of its own power globally by 2030

The company said work would start this year on the automaker's first three UK solar projects in Gaydon, Halewood and Wolverhampton, which should be completed by the end of 2026

Tata Motors hits new high, surges 7% on robust December quarter results

The auto major's Q3 net profit beat analyst estimates, growing by 137 per cent YoY to Rs 7,025 crore on favourable volumes, reduced costs on component sourcing with easing semiconductor chip supplies.