Page 57 - Tata Motors

Vehicle scrappage facility: Tata Motors joins hands with Maharashtra govt

The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up of the facility, the company said

From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'

This comes at a time when even after three months since announcement of winding-up of operations, Ford India could not reach a settlement with unions regarding a severance package for 4,000 employees

Tata Motors ties up with Bandhan Bank for passenger vehicle finance

Tata Motors on Wednesday said it has tied up with Bandhan Bank for retail finance for its range of passenger vehicles. As part of the tie-up, Bandhan Bank will provide loans to Tata Motors' customers at an interest rate starting from as low as 7.5 per cent, the automaker said in a statement. The scheme will offer a maximum of 90 per cent financing on the total on-road cost of the vehicle, it added. Customers can also enjoy a benefit of special EMI options with a repayment tenor of up to seven years and the bank has also designed certain exclusive features like zero charges on foreclosure and part payment, Tata Motors said. "This partnership is a part of our #FinancEasy Festival, wherein we are collaborating with multiple finance partners across India to make ownership of cars accessible, as well as a hassle-free process for the customers and thereby adding to the celebrations of this festive season," Tata Motors Passenger Vehicle Business Unit Vice President (Sales, Marketing & ...

Toyota Kirloskar Motor to hike prices across entire portfolio from January

Toyota Kirloskar Motor (TKM) on Wednesday said it will increase prices across its entire product portfolio from January, in order to offset the impact of rise in input costs.

Tata Motors, Ducati to hike prices from Jan to offset rising input costs

Tata Motors on Friday said it will hike prices of its entire passenger vehicle range from January in order to offset the impact of rising input costs.

Tata Motors 'to invest' Rs 7,500 cr in commercial vehicles, focus on EVs

Company reportedly working on a range of options that include short-range battery-operated vehicles for the last mile with small CV offerings

Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead

The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio

Top headlines: TaMo to hike CV prices; Centre regrets Nagaland killings

Business Standard brings you the top stories on Monday

Tata Motors to hike prices of commercial vehicles from Jan 1

Due to increase in the prices of commodities an increase in price by 2.5% will be implemented from January 1, 2022 , says the company

Tata Motors, Honda, Renault mulling price hike from next month

With input costs continuing to rise, automakers like Tata Motors, Honda and Renault are looking to increase vehicle prices from January next year to offset the impact. Already, car market leader Maruti Suzuki and luxury automakers Audi and Mercedes-Benz have announced to hike vehicle prices from next month. While Maruti said the price rise planned for January 2022 will vary for different models, Mercedes-Benz said its hike will be on select models by up to 2 per cent due to feature enhancement and rising input costs. On the other hand, Audi said its price increase effective January 1, 2022 will be up to 3 per cent across its entire model range owing to rising input and operational costs. When contacted over the issue, Tata Motors President Passenger Vehicles Business Shailesh Chandra said:"Prices of commodities, raw material and other input costs continue to rise. An appropriate price hike to at least partially offset this increase in costs seems inevitable in the near to short ...

Auto shares: Tepid Nov sales may put M&M, Maruti, TaMo in accumulation mode

Stocks bearing breakout on moving averages, price strength and technical indicators are ready to see steady upside of up to 9 per cent

Tata Motors domestic sales up 21% in Nov on better volumes across the board

Growth was led by passenger vehicles, whose sales jumped 32% even as most other manufacturers saw production take a hit due to ongoing chip shortage

Kerala-based Popular Vehicles and Services plans entry in west, north

The company said it will focus more on the services segment of the business rather than sales, going ahead

Tata Motors gets a grip on tech ahead of EV launch in last-mile delivery

CV market has scraped the bottom, worst is behind

Tata Motors looks to establish vehicle scrappage centres under franchise

Tata Motors is looking to establish vehicle scrappage centres under a franchise set up with the first one expected to become operational in the first quarter of the next fiscal

Tata Motors' pact with private equity firm TPG 'credit positive': Moody's

Moody's Investors Service on Wednesday said that Tata Motors' pact with private equity firm TPG is 'credit positive', as it will help the automaker to scale up its electric vehicle business. Last month, Tata Motors announced that it will raise USD 1 billion in its passenger electric vehicle (EV) business from TPG Rise Climate. "We estimate that TPG Capital's USD 1 billion capital injection into Tata Motors's (TML, B1 stable) electric vehicle subsidiary, EVCo, will fund half its EV spending in India (Baa3 stable) through March 2026," Moody's Investors Service said in a statement. Tata Motors intends to use the funds, which it will receive in exchange for compulsorily convertible preference shares issued to TPG, to create a portfolio of EVs and dedicated battery electric vehicle (BEV) platforms. EVCo will also invest in battery technologies and charging infrastructure in association with Tata Power Ltd. Moody's Investors Service noted that the automaker has an early mover advantage

Tata Motors hits highest level since Feb 2017 on demand recovery hope

Tata Motors hit an over four-year high of Rs 536.50, up 3 per cent on the BSE in Wednesday's intra-day trade

Auto shares in focus; Motherson Sumi, Varroc, Sharda Motor rally up to 10%

As of 10:09 AM, the S&P BSE Auto index was the top sectoral gainer up 1.1 per cent as compared to 0.31 per cent decline in the S&P BSE Sensex

Tata lands a Punch in small car segment

Small cars have typically been known to be unsafe, lighter and with lower safety protection than larger variants but that's not so with the Punch

Tata Motors 'punches' its way to pole position in SUV market in October

Riding on new SUV Punch, it zips past M&M, Hyundai and Kia