As of March 2025, JSW MG Motor enjoys a 31 per cent retail market share in the EV segment, trailing only Tata Motors, which holds a 38 per cent share
The fall was driven by a slowdown in both commercial and passenger vehicle segments, according to a company statement released on Tuesday
Tata Motors on Tuesday said its unit Jaguar Land Rover (JLR) is evaluating various steps to respond to the tariff announced by the US on April 2, 2025. In a clarification to the bourses, the Mumbai-based auto major said the UK-based automaker is yet to finalise a plan of action to deal with new tariffs. "JLR is evaluating various options to suitably address impact of the increased tariff in the US market and the aforesaid news article refers to its immediate response," Tata Motors said in a regulatory filing. Last week, JLR stated that it has paused vehicle shipments from its facilities in the UK to the US to work out new trading terms in the wake of changes in the tariff structure. "The USA is an important market for JLR's luxury brands. As we work to address the new trading terms with our business partners, we are enacting our short-term actions, including a shipment pause in April, as we develop our mid-to longer-term plans," a JLR spokesperson said in a statement. JLR is deepl
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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.
JLR posts flat volume growth for FY25
"Tata Group shares have rallied in the last three years and have outperformed other group stocks in the Indian markets, said Kranthi Bathini, equity strategist, WealthMills Securities
Trump tariffs, stock market today: Tata Motors share price sank 10.31 per cent to ₹550.55 per share after Jaguar Land Rover said it has halted exports to the US this month
Tata Motor shares have corrected 44.52 per cent from its 52-week high of Rs 1,179.05, hit on July 30, 2024.
The silver lining amid all this is the fact that the reciprocal tariffs on India are lower than the other economies like China at 34 per cent and Vietnam at 46 per cent, Baliga said
The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.
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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
Technical charts suggest that the Nifty Auto index can potentially rise up to 11 per cent; Tata Motors which is oversold can bounce back up to 24 per cent from present levels. M&M, however, looks weak
Industry experts believe price hikes are influenced by multiple factors, including the rising costs of electronics, regulatory compliance requirements, and premiumisation trends
Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars have all announced price hikes April 2025 onwards
The price hikes come at a time when the Indian passenger vehicle market is already under pressure
Tata Motors announced a price increase of up to 2 per cent across its CV range, effective April 1
Tata Motors will hike prices of its commercial vehicles, including trucks and buses, by up to 2% from April, while Maruti Suzuki said it will increase car prices by as much as 4% next month
Marking its return in Sri Lanka, Tata Motors on Thursday announced the launch of its all-new range of passenger vehicles, including electric vehicles, in the country. The company in partnership with its sole authorised distributor in Sri Lanka, DIMO, launched a range of SUVs - Punch, Nexon, and the Curvv, along with its popular electric hatchback, Tiago.ev, while showcasing EV portfolio comprising Punch.ev, Nexon.ev and the Curvv.ev, Tata Motors said in a statement. "We are excited to be here in Sri Lanka, marking a new chapter in our international business strategy. Tata Motors has undergone significant transformation over the years, and there is no better way to mark our return than with a new, game-changing product portfolio," Tata Passenger Electric Mobility - Head of International Business, Yash Khandelwal said. *** TVS Motor Co, PETRONAS Lubricants strengthen partnership * TVS Motor Company on Thursday said it has further strengthened its partnership with PETRONAS Lubricant