Riding on new SUV Punch, it zips past M&M, Hyundai and Kia
Tata Motors on Tuesday said it has partnered with Bank of India (BOI) to offer finance options to all its passenger vehicle customers. Under the partnership, BOI will provide loans to Tata Motors' customers at an interest rate starting from as low as 6.85 per cent, the company said in a statement. Moreover, the scheme will offer a maximum of 90 per cent financing on the total cost of the vehicle, which includes insurance and registration, it added. Customers can also opt for EMI starting with Rs 1,502 per lakh on a 7-year repayment period, the company said. "This partnership is in line with 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 Vice President, Sales, Marketing & Customer Care, Passenger Vehicle Business Unit Rajan Amba said. BOI General Manager - Retail ...
The British multinational automotive company in the meantime will continue to take steps to contain the impact of the shortage on its operations across the globe.
Car market leader Maruti Suzuki India on Wednesday said it sold around 13,000 units on the day of Dhanteras, lower than last year hampered by supply constraints due to semiconductor shortage, although Tata Motors stated its deliveries grew 94 per cent. Automobile dealers' body FADA on Tuesday termed the current festive season the worst in terms of business in a decade for its retail partners across the country as chip shortage impacted supplies in passenger vehicles creating a huge shortage of vehicles in SUV, compact - SUV and luxury segment. "Demand and bookings have been good. We tried our best to deliver as many vehicles as possible. However due to supply side constraints we closed a little lower than last year, at around 13,000 units," Maruti Suzuki India Senior Executive Director (Marketing & Sales) Shashank Srivastava told PTI. On the other hand, homegrown auto major Tata Motors had a good day on Dhanteras on Tuesday. "On the auspicious day of Dhanteras, our deliveries ...
Stock market LIVE: The BSE Midcap and Smallcap indices gained 0.6 per cent and 1.1 per cent, respectively. Realty and auto shares rallied, while metal stocks declined in trade on Tuesday
JLR expects the EBIT margin and free cash flow (before restructuring costs) to turn positive in the second half of Fiscal 2022
Gold and steel related stocks are likely to hog the limelight in trades on Tuesday. The former on the account of Dhanteras, while the latter owing to hike in steel prices
Tata Motors said the waiting time period for vehicles is around six to eight weeks, while for electric vehicles it is running up to six months
Tata Motors Ltd (TML) on Monday reported a widening of consolidated net loss
The company's total dispatches in October 2020 stood at 52,132 units
The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent
Plenty of stocks are set to react to September quarter earnings by corporate over the weekend this morning
Products include seven M&HCV segment, five in I&LCV segment, four in small commercial vehicles and pick-ups (SCV and Pus) and five in passenger commercial vehicles
The auto major on Thursday unveiled 21 new commercial vehicles, including trucks, buses and small commercial vehicles
Tata Motors on Thursday unveiled 21 new commercial vehicles, including trucks and buses, to cater to evolving needs of cargo and people transport across segments. The company has unveiled seven products in the medium and heavy commercial vehicles (M&HCV) segment and five products in the intermediate and light commercial segment (4-18 tonne GVW) with CNG powertrains. Besides, the auto major has unveiled four new LCVs (Light Commercial Vehicles) to improve last-mile delivery efficiency and reduce operational cost. It includes Ace with a petrol engine and Winger Cargo for the growing needs of e-commerce distribution. Tata motors also unveiled five passenger commercial vehicles including buses for intra-city transportation requirements. "The engines of infrastructure development, consumer consumption and e-commerce powering the Indian economy require continued transportation support to run seamlessly. "Being the leader in the commercial vehicles, we continue to deliver superior value
The move comes close to the heels of the company tieing up with Tata Power to set up the electric vehicle charging infrastructure (EVCI) across the country
The DVRs carry lower voting rights but offer higher dividends
The upgrades reflect the view that the credit profiles of the Tata Group entities are strengthened by their importance to Tata Sons, with potential for financial support
Will take some time to restore normalcy, say auto suppliers
The latest model aims to wean buyers off hatches and compact sedans