Page 38 - Tata Motors

Maruti confirms launch of premium MPV in next 2 months, a rebadged Innova!

The premium MPV will be placed above Maruti Suzuki's own popular MPV, Ertiga

Cummins, Tata to manufacture low-to-zero emissions tech products in India

Global power technology major Cummins Inc on Wednesday said it has signed a definitive agreement with Tata Motors Ltd to manufacture a range of low-to zero-emissions technology products in India over the next few years. As a part of the agreement, Cummins and Tata Motors Ltd (TML) have set up a new business entity called TCPL Green Energy Solutions Private Ltd (GES), a wholly-owned subsidiary under the existing joint venture, the company said in a statement. The new entity will focus on the development and manufacturing of sustainable technology products that will include hydrogen-powered internal combustion engines, fuel delivery systems, and battery electric powertrains and fuel cell electric systems through the Accelera by Cummins brand, it added. The low-to-zero emissions technologies developed by TCPL GES will be integrated into both on-highway and off-highway applications for domestic and international markets. Tata Motors and Cummins have a 30-year-old partnership through th

Mahindra can't build Scorpio fast enough; plans a boost in production

Data for February 2023 shows the waiting period is around 25-26 months for some high-in-demand variants of the Mahindra Scorpio

S&P upgrades Tata Motors' long-term issuer, issue credit ratings to 'BB'

A "BB" rating signifies that the entity is less vulnerable in the near-term but faces major ongoing uncertainties due to adverse business, financial and economic conditions

Tata Motors ties up with Kendriya Police Kalyan Bhandar to sell vehicles

Tata Motors on Monday said it has tied up with Kendriya Police Kalyan Bhandar (KPKB). The collaboration will allow the automaker to offer its vehicles at special rates to more than 34 lakh police personnel across the country, Tata Motors said in a statement. Currently, KPKB has 119 Master Canteens which act as distribution centres and 1,778 subsidiary canteens which sell products to the troops and families, serving more than 34 lakh personnel from central and state police departments. The entity caters to serving and retired personnel of various organisation like Railway Protection Force (RPF), Intelligence Bureau (IB), Special Protection Group (SPG), National Crime Records Bureau (NCRB), National Investigation Agency (NIA), Indo-Tibetan Border Police (ITBP), Central Reserve Police Force (CRPF) and Sashastra Seema Bal (SSB). It also serves Central Industrial Security Force (CISF), Border Security Force (BSF), Assam Rifles (AR) and all state police organisation personnel.

Tata Motors to JBM: Bus makers shun govt contracts over payment concerns

Prime Minister Narendra Modi's government wants to deploy 50,000 electric buses countrywide over the next few years which is estimated to cost $12 billion

Street positive on JLR's electric vehicle strategy, sales outperformance

Higher volumes needed to offset the near term pressure on financials

Sensex, Nifty snap 3-day losing streak, end marginally up; Infy, HUL slip

CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.

As VW prepares to launch ID.4 in India, a look at world's best-selling EVs

The electric crossover was unveiled globally in 2021. It was also a part of the 2020 Auto Expo

Independent houses, charging infra boosting EV popularity in non-metros

25 per cent of Tata Tiago EV buyers are first-time buyers and include customers from states such as Bihar, Madhya Pradesh, Uttar Pradesh, and Andhra Pradesh

Tata Motors hits 8-month high on strong Q4 hopes; stock up 20% in 3 weeks

The stock of Tata group passenger cars & utility vehicles maker quoted at its highest level since August 19, 2022

Stocks to Watch: Infosys, HDFC Bank, Zee Ent, Tata Motors, VA Tech Wabag

Stocks to Watch: Infosys delivered a weak performance in Q4 as its profit declined 6.9 per cent on a sequential basis, while revenue dropped 2.3 per cent QoQ

Tata Motors joins rivals, will hike PV prices from May 1 by 0.6%

Company earlier raised prices of its commercial vehicles by 5% as auto industry transitions to new emission norms

Hyundai to launch Tata Punch rival micro-SUV Exter in Aug; details here

The Exter is expected to get a split-headlamp treatment, similar to what Hyundai offers in Creta, Venue, and Alcazar

Tata Motors to hike prices of its passenger vehicles next month

Tata Motors on Friday said it will increase prices of its passenger vehicles from May 1 to partially offset increase in input costs. The weighted average increase will be 0.6 per cent, depending on the variant and model, Tata Motors said in a statement. This will be the second price hike by the company for its PVs after it had increased in February. "Tata Motors has been absorbing a significant portion of the increased costs on account of regulatory changes and rise in overall input costs and is hence compelled to pass on some proportion through this hike," it said. The company sells a range of passenger vehicles, including cars such as Tiago, Tigor and Altroz; and SUVs such as Punch, Nexon, Harrier and Safari, with prices ranging from Rs 5.54 lakh and Rs 25 lakh. Earlier in February this year, the company had increased prices across its internal combustion engine (ICE) portfolio of passenger vehicles at an average of 1.2 per cent.

Tata Motors surges 8% on better than expected JLR wholesales in Q4

Tata Motors' wholesales of 107,386 units at JLR for Q4FY23, comes as a positive development as, during the last call, the company had guided for wholesales at over 80,000 units

Tata Motors posts 8% jump in group global wholesales in January-March

Tata Motors on Friday reported an 8 per cent year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR), at 3,61,361 units in the fourth quarter of FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in the January-March period this year stood at 1,18,321 units, up 3 per cent over the same period of FY22, Tata Motors said in a statement. Dispatches of all passenger vehicles in the fourth quarter increased 10 per cent to 1,35,654 units over the corresponding quarter of the previous fiscal, it said. Global sales of JLR stood at 1,07,386 vehicles in the March quarter, which comprised 15,499 units of Jaguar and 91,887 units of Land Rover, it said.

Stocks to Watch: Tata Motors, ONGC, Maruti, HAL, RVNL, HG Infra, JSW Energy

Stocks to Watch: Oil related stocks like ONGC/Oil India/RIL/ refiners will be in focus as crude jumped 8 per cent following a surprise output cut by the OPEC+

Maruti Suzuki, Hyundai, Tata Motors report best-ever wholesales in FY23

Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal. Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country. The automaker dispatched 7,20,565 units to dealers last fiscal, up 18 per cent from 6,10,760 units in 2021-22. Its domestic dispatches rose to 5,67,546 units last fiscal, up 18 per cent from 4,81,500 units in the 2021-22 financial year. The country's second-largest carmaker said it was its best performance to date in terms of sales volume in the domestic market in a financial year. Tata Motors also

Tata Motors total domestic sales increase by 3% at 89,351 units in March

Tata Motors on Saturday said its total domestic wholesales increased by 3 per cent to 89,351 units in March compared to the same month last year. The company sold 86,718 units in March 2022. The auto major said its passenger vehicle sales in the domestic market stood at 44,044 units last month, as compared to 42,293 units in the same month last year. Commercial vehicle sales in the domestic market stood at 46,823 units as against 47,050 units in March 2022, it added. For the financial year ended March 31, 2023, the company sold a total of 9,31,957 units in the domestic market, an increase of 35 per cent over 6,92,554 units in 2021-22. Passenger vehicle dispatches rose 45 per cent to 5,38,640 units as compared with 3,70,372 units FY22. "FY23 has set a new record for passenger vehicle sales in India. The steep growth witnessed by the industry was driven by post COVID pent up demand in early part of the year, the launch of several new vehicles and easing of the semiconductor shortag