Page 61 - Tata Motors

Top headlines: Adani to invest $20 bn in RE; Modi to visit US Sept 22-26

Business Standard brings you the top headlines on Tuesday

Tata Motors to hike commercial vehicle prices by around 2% from Oct 1

The continued rise in the cost of commodities is the reason for price hike, says the CV maker

Tata Motors drives in Safari Gold Edition at Rs 21.89 lakh

Tata Motors on Friday said it has launched a special edition of its flagship model Safari priced at Rs 21.89 lakh (ex-showroom) to further spruce up the range ahead of the festive season. The Safari Gold Edition, which comes in two carefully crafted special colour schemes -- The White Gold and The Black Gold -- is set to be showcased at the upcoming second leg of the VIVO IPL 2021. The interiors have been further enhanced with premium features like leather seats with ventilation on both the first and second rows, wireless charger, air purifier, Android Auto & Apple Carplay over Wifi, making it the most impressive version of the Safari yet, the auto major said in a statement. "In less than five months after its launch, our premium flagship SUV, the new Safari reached the milestone of its 10,000th rollout and today is among the highest selling SUVs in its segment. "The Safari has received immense love from our customers and keeping in mind the response, we are delighted to announce .

Tata Motors DVR surges 14% on back of heavy volumes, nears 52-week high

As per June 30, 2021, shareholding pattern data, ace investor Rakesh Radheshyam Jhunjhunwala held a 1.97 per cent stake in Tata Motors (DVR) and 1.15 per cent holding in Tata Motors

Tata Motors inks pact with Tata Power for rooftop solar project in Pune

Tata Motors on Tuesday said it has inked a pact with Tata Power to install and operate a 3 MWp rooftop solar project at its passenger vehicle business unit (PVBU) plant in Pune. The automaker said it has signed a solar power purchase agreement with Tata Power. The solar rooftop project is expected to generate nearly 45 lakh KWh per year, reducing carbon emissions by around 3,538 tonnes per year, it added. "After the recent inauguration of India's largest solar carport at our car plant in Pune, this project marks a new milestone in our ongoing efforts to reduce our impact on the planet," Tata Motors Passenger Vehicle Business Unit Vice President - Operations - Rajesh Khatri said in a statement. Energy efficiency is at the core of the company's efforts and reducing GHG emissions and the carbon footprint of products play a vital role, he added. "We will continue to conserve energy in our manufacturing facilities, optimising the consumption of non-renewable fossil fuels, energy ...

Tata Motors drives in CNG version of Tata 407 at Rs 12.07 lakh

Tata Motors on Monday said it has launched the CNG version of its light commercial vehicle Tata 407 priced at Rs12.07 lakh (ex-showroom, Pune). Tapping into the benefits of CNG, the vehicle offers profits of up to 35 per cent over the diesel variant, Tata Motors said in a statement. The vehicle comes with a 10-feet load deck and further strengthens the company's extensive CNG portfolio, ranging from 5-tonne to 16-tonne gross vehicle weight (GVW), in the intermediate and light commercial segment, it added. "With a steep increase in diesel prices, CNG vehicles have the potential to increase the profit potential significantly, and we are confident that the 407 CNG, in addition to the widest CNG range offered by Tata Motors, will bring a lot of value to our customers," Tata Motors Vice President (Product Line I&LCV) Rudrarup Maitra said. Arguably the most legendary commercial vehicle in India, with over 35 years legacy, the vehicle has consistently remained a customer-favourite, ...

Chip shortage: What caused it and how will this impact you & industry?

In this podcast, we discussed why there is a semiconductor shortage and what are its impact

Why mass passenger car makers are going slow on electric vehicles

In the absence of a specific policy push and incentives, launching models at a price point that is within the bounds of an average car buyer is still some distance away

Chip shortage, rising input costs: Auto stocks may remain underperformers

To counter the rise in input costs, Maruti plans to hike prices across-the-board from September, making it the fourth such increase this year

Tata Motors reports 53% increase in domestic sales in August

Tata Motors on Wednesday said its total domestic wholesales increased by 53 per cent to 54,190 units in August as compared to the same month last year. The company had sold 35,420 units in August 2020. The auto major said its passenger vehicle sales in the domestic market stood at 28,018 units in August, up 51 per cent as compared to 18,583 units in the same month last year. Commercial vehicle sales in the domestic market stood at 29,781 units, up 66 per cent from 17,889 units in August 2020, it added. The auto major noted that semiconductor shortage continues to impact the auto industry globally. The recent lockdowns in East Asia have worsened the supply situation and hence Tata Motors is forced to moderate production and offtake volumes in the coming months, it said. "The situation is fluid and we will continue to work to mitigate the impact of this and aim to meet our customer orders through an agile, multi-pronged approach including close engagement with our extended supply c

Tata Motors e-Tigor makes a debut as the most affordable e-car

Prices start at Rs 11,99,000 and Rs 12,99,000; saving per kilometer for the e-Tigor is Rs 6.50

Tata Motors launches Tigor EV with price starting at Rs 11.99 lakh

Tata Motors on Tuesday launched its second electric vehicle -- Tigor EV, catering to the personal segment in the domestic market, priced between Rs 11.99 lakh and Rs 13.14 lakh (ex-showroom)

Tata Sons' insurance, auto subsidiaries defy Covid-19 pandemic blues

Telecom, airline businesses continue to remain a drag for holding company

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%

The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

Tata Motors extend sponsorship of Indian wrestling till Paris Olympics

The Wrestling Federation (WFI) of India and Tata Motors have strengthened their long-term partnership further with the announcement of the 'Quest for Gold at Paris Olympics 2024'

Tata Motors gets NCLT nod for hiving off PVs business into separate entity

The company's management has so far stated that it has not taken a decision on a partner.

TaMo presents Altroz to 24 athletes who missed out on bronze in Tokyo 2020

Tata Motors on Thursday handed over keys of its premium hatchback Altroz to Indian athletes who narrowly missed the bronze medal in the recently held Tokyo Olympics. The auto major honored 24 Olympians across categories such as Hockey, Wrestling, Golf, Boxing, and Discuss throw. An Altroz will be handed over to each athlete, in the High Street Gold colour to mark his or her gold standard efforts, the automaker noted. "We are extremely proud of our athletes for the sheer commitment and the indomitable spirit they showed at the recently held Tokyo Olympics and it is my honour to share the same platform with them today. Resonating their spirit and acknowledging their hard work, we are ecstatic to present to them the Tata Altroz," Tata Motors President (Passenger Vehicle Business Unit) Shailesh Chandra said in a statement. As these athletes continue to inspire the country, the company wished them all the very best for their future and is confident that in years to come, they will bring

Auditor flags Tata Steel Europe's ability to carry on as going concern

The operational revenue of Tata Sons fell by 62% to Rs 9,460.24 crore in FY21 as against Rs 24,770.46 crore reported in the previous year

Tata Motors to launch mini SUV 'Punch' this festive season

Homegrown auto major Tata Motors on Monday said it will launch its mini SUV Punch in the ongoing festive season. Punch is based on the H2X concept, which Tata Motors had showcased at the Auto Expo 2020. It will be positioned below the company's compact SUV Nexon and is expected to hit the market around Diwali this year. Slated for "national launch this festive season", Tata Motors in a statement said Punch will offer a mix of "tough utility with sporting dynamics". It, however, did not disclose further details. Tata Motors President Passenger Vehicle Business Unit Shailesh Chandra said, "Tata PUNCH, as the name suggests, is an energetic vehicle with a capability to go anywhere". He further said, "True to the SUV genes of all Tata Motors' products and catering to the needs of customers, who are looking for a compact city car with pure SUV characteristics, Punch will be the fourth addition to our SUV family, widening the range of options for all to choose from". It is the first SUV

Despite India's poor track record, Tata takes a gamble on semiconductors

Globally, every country, including India, is looking at reducing its dependence on imports for chips and moving towards self-sufficiency