Page 56 - Tata Motors

Top headlines: TaMo to raise PV prices; FM clears air on Antrix-Devas case

Business Standard brings you the top headlines on Tuesday

Tata Motors launches premium SUV Safari Dark edition at Rs 19.05 lakh

Tata Motors on Monday said it has launched the Dark edition of premium SUV Safari with price starting at Rs 19.05 lakh (ex-showroom Delhi). The Safari #DARK Edition is now open for bookings and available at the company's dealerships across the country, the auto major said in a statement. Available on the XT+/XTA+ & XZ+/XZA+ trims, the Safari #DARK will get other exclusive features such as ventilated seats on both first and second row, air purifier and Android auto and Apple Car Play over Wi-Fi, it added. "The #DARK range has, in a very short span of time, become a mainstay of our New Forever range of passenger vehicles. This will be even truer now with the addition of Safari #DARK to the line-up, with the exciting & unique proposition that it has to offer to the customers," Tata Motors Passenger Vehicles Vice President (Sales, Marketing and Customer Service) Rajan Amba noted. The Dark range has become a popular choice for customers, he added. "The Harrier #DARK, which was ...

Lack of major triggers may cap near term upsides for Tata Motors

While India volumes remain strong, JLR sales have been muted in the December quarter

Tata Motors global wholesales sees 2% rise to 285,445 units in Q3

Tata Motors on Thursday reported a 2 per cent year-on-year increase at 2,85,445 units in group global wholesales, Jaguar Land Rover, for the third quarter of FY22.

Tata Motors, Tata Motors DVR recover 4% from intra-day lows

On Wednesday, after market hours, Tata Motors announced that its subsidiary, Jaguar Land Rover recorded a 37.6 per cent year on year (YoY) drop in retail sales to 80,126 units in Q3.

RIL, HDFC, TCS power 673-pts rally in Sensex; Nifty tops 17,800; banks soar

The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.

Stocks to Watch: RIL, Tata Motors, Maruti, NCC, Marico, Hind Zinc, IT stks

Auto majors Maruti and Tata Motors are likely to be in focus today, the former for registering highest exports in a calendar year, and the latter for becoming the second largest PV seller in India.

Tata Motors drives past Hyundai to grab second-largest carmaker tag

Tata Motors shipped 35,461 units of passenger vehicles (PVs) to its dealers in December 2021

New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600

The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5

Tata Motors shares jump nearly 4% on strong December sales; PV sales up 50%

In the third quarter ended December 2021, the company said its total passenger vehicle sales stood at 99,002 units as compared with 68,806 units sold the same period in the previous year

Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile

Going ahead, analysts at Motilal Oswal Financial Services see easing semiconductor supplies supporting PV wholesales, but the two-wheeler segment will take time to recover

Tata Motors, Eicher, Maruti: Will auto shares breakout for bigger gains?

Automobile shares may breakout after crossing significant resistances

Stocks to Watch: PayTm, RIL, DMart, NTPC, Zomato, auto, realty, airlines

Auto stocks are likely to be in focus as the stocks could react to the monthly sales numbers.

Maruti, Hyundai report decline in wholesales for Dec; TaMo, M&M see growth

Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 1,53,149 units in December 2021 as against 1,60,226 units a year ago. Its December 2021 domestic sales slipped 13 per cent to 1,30,869 units as against 1,50,288 units in December 2020. "The shortage of electronic components had a minor impact on the production of vehicles during the month. The shortage primarily affected the production of vehicles sold in the domestic market," MSI said in a statement. The company said sales of mini cars, including Alto and S-Presso, fell 35 per cent

Tata Motors' passenger vehicles biz hive-off comes into effect

The hiving off and transfer of Tata Motors' entire passenger vehicle undertaking to Tata Motors Passenger Vehicles Ltd have come into effect from Saturday, the homegrown auto major said on Saturday.

Tata Motors reports 50% jump in PV sales to 35,299 units in Dec

Homegrown auto major Tata Motors on Saturday reported a 50 per cent jump in total passenger vehicle sales to 35,299 units in December 2021.

M&M, TaMo aim to bolster product range, manage chip shortage next year

Riding on the success of their recent model launches, homegrown auto majors Mahindra & Mahindra and Tata Motors are looking to further strengthen their product portfolios in 2022. Both companies are also looking at ways to handle the semiconductor shortage in a better way next year so that the impact on the production is minimal. "We want to be the number one player in the core SUV segment, and the success across our product portfolio including the all new Thar, XUV300, Bolero Neo and the unprecedented response we have received for XUV700 is an indication that we are on the right track," Mahindra & Mahindra (M&M) Executive Director (Auto & Farm Sectors) Rajesh Jejurikar told PTI in an interaction. The company has already announced the launch of 13 new products by 2027, he added. "The next in line is the new Scorpio, which should come out next year, which will be our immediate focus," Jejurikar noted. The automaker has seen a strong demand rebound, especially for core, .

HC notice on Tata Motors' plea against rejection of cluster scheme bid

The TML's writ petition, filed through Karanjawala & Co, was listed before a division bench of Justices Vipin Sanghi and Jasmeet Singh

Third straight gain for Sensex, up 384pts, Nifty tops 17k; Medplus up 41%

The broader markets also finished with significant gains with the BSE Midcap & Smallcap indices up 1 per cent and 0.7 per cent, respectively. IT, financials and energy shares were the top gainers.

Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL

The Grey Market Premium (GMP) indicates a likely listing gain of 15-20 per cent for Medplus Health Services