Page 7 - Tata Motors Jaguar Land Rover

Tata Motors jumps 7% as JLR's Q2 sales grow 53% QoQ; CLSA maintains 'Buy'

global brokerage CLSA expects Tata Motors to generate strong free cash flow on the back of sequential recovery in sales volume. The brokerage has 'Buy' call on the stock with a target price of Rs 220

Tata Motors DVR hits over 6-month high, soars 63% in six weeks

Tata Motors is eyeing "near-zero" debt in the next three years as it looks to significantly deleverage its business, reduce expenses and put the leash on non-core investments

Tata Motors bets on generation of free cash flow for debt reduction

JLR is seeing an additional boost from strong demand for the recently launched Evoque and Defender

Tata Motors' JLR seeks Covid-19 support package from UK govt: Report

The UK's Treasury department plans to set up a bad bank or asset resolution fund to hold stakes in companies that it may end up part-owning

Jaguar in talks with British govt for loan as Covid-19 takes toll: Report

Sky News, citing a spokesman, said about 20,000 of its employees had been furloughed under the government's emergency wage subsidy programme

Tata Group-owned Jaguar-Land Rover to revive largest plant by mid-May

JLR's factories around the world will opened in a sequential manner that will be determined by the conditions and government laws around the coronavirus epidemic

India Inc grapples with rising rating downgrades, revisions in outlook

Domestic rating agency CARE revised outlook on rating for Tata group-owned Indian Hotels Company Ltd from "stable" to 'negative'

Fitch downgrades Tata Motors to 'B' on Covid-19 impact; outlook negative

Agency says Covid-19 will disrupt firms Indian operations and also impact key auto markets globally that are served through its UK-based arm, Jaguar Land Rover

Tata Motors JLR suspends production in UK amid coronavirus pandemic

The UK's largest carmaker said the suspension would come in place from next week and last at least until April 20, when it will be subject to a review of the rapidly-changing circumstances

Tata Motors shares dip 6.5% as Coronavirus impact on JLR spooks investors

The fears were exacerbated by the steady rise in COVID-19 cases across Europe, one of JLR's biggest markets

Tata Motors falls below Rs 100-mark; hits lowest level since September 2009

The stock of the automobile firm has fallen 21 per cent in the past three trading days after the company lowered its FY20E EBIT margin guidance for Jaguar Land Rover by 1% from 3% earlier.

Tata Motors skids 10% as China sales slip 85% in Feb; stk down 37% in 1 mth

The company said the reduction in China sales owing to the outbreak of coronavirus, is expected to reduce Jaguar Land Rover's full-year EBIT margin by about 1%

JLR launches BS-VI variant of Discovery Sport, priced at Rs 57.06 L

Built on the new Land Rover Premium Transverse Architecture, Discovery Sport provides greater capability and has all-wheel drive and hill descent control to make the hardest of drives seem effortless.

Tata Motors climbs 6% after falling 12% in nine days

Edelweiss Securities upgraded the stock to 'Buy'. It also revised sum-of-the-parts or SOTP-based target price to Rs 245 from earlier Rs 140 per share.

Jaguar Land Rover reports global sales dip of 5.9% in 2019 at 557,706 units

The sales of Jaguar brand were at 1,61,601 units during the month, down 10.6 per cent, while Land Rover sales witnessed a dip of 3.8 per cent during the year as compared with 2018

Tata Motors hits 8-month high post JLR December retail sales numbers

Meanwhile, analysts expect Tata Motors to report first quarter of growth in October-December quarter (Q3FY20) after six consecutive quarters of a decline in profit.

Tata Motors' JLR acquires all-terrain performance car manufacturer Bowles

The Bowler business, which is now fully-owned by JLR, would continue to operate from its premises in Belper for the foreseeable future.

Luxe upgrade: JLR drives in new sedan XE with price tag starting Rs 4.94 mn

Available in the S and SE trims, the new Jaguar XE is offered with turbocharged petrol and diesel powertrain options

Tata Motors global wholesale volume skids 19% to 89,108 units in October

Global wholesales of JLR stood at 47,278 units. Jaguar wholesale units for the month were 12,367 vehicles, while Land Rover wholesales stood at 34,911 units.

Plans to cut debt, rack up gains via cost cutting perk up Tata Motors stock

While analysts expect volume growth in 2019-20 (FY20) to be flat, they expect it to be at 4 per cent each in the next two years