Tata Motors to hike prices of passenger vehicles by 1.2% from February
NEW DELHI: Tata Motors on Friday said it will increase prices of its internal combustion engine-powered passenger vehicle range by 1.2 per cent on a weighted average basis from February 1. The company has been absorbing a significant portion of the increased costs on account of regulatory changes and a rise in overall input costs, […]
Tata Motors’ global sales up 33% in September quarter at 335,976 units
NEW DELHI: Tata Motors on Monday reported 33 per cent increase in global sales, including that of Jaguar Land Rover to 3,35,976 units in September quarter 2022. It had sold 2,51,689 units in the same period last year. Global wholesale units of all Tata Motors’ commercial vehicles and Tata Daewoo range in the quarter stood […]
Tata Motors begins production of flagship SUV Safari at Pune plant
NEW DELHI: Tata Motors on Thursday said it has commenced productionof its upcoming flagship SUV Safari. The auto major on Thursday rolled out the first Safari unit from its Pune-based manufacturing facility, Tata Motors said in a statement. “The Safari is our flagship offering to connect the aspirations of the discerning and evolved Indian customer,” […]
Tata Motors to increase commercial vehicle prices from January 2021
NEW DELHI: Tata Motors on Monday said its commercial vehicle prices will be revised upward from January next year. The steady rise in material and other input costs, impact of forex and transition to BS-VI norms, have cumulatively increased the cost of manufacturing vehicles, necessitating a price revision to partially offset the impact, the company […]
Tata Motors to buy Marcopolo’s stakes in bus, coach JV for Rs 99.96 crore
NEW DELHI: Indian automobile major Tata Motors Ltd on Thursday said it would buy the 49 per cent stakes of Marcopolo S.A. in the bus and coach making joint venture Tata Marcopolo Motors Ltd for Rs 99.96 crore. In a regulatory filing, Tata Motors said that as a consequence of its refreshed business strategy, Marcopolo […]
Tata Motors delivers 45 SUV Nexon EVs to Kerala government
NEW DELHI: Automobile major Tata Motors on Saturday delivered 45 units of SUV Nexon EV to the government of Kerala. The Kerala government had selected the company’s electric SUV for its ‘Motor Vehicle Department’. Accordingly, the selection for the MVD was made under the state government’s ‘Safe Kerala’ programme. “A smart fleet of 65 Nexon […]
Tata Motors drives in new Altroz trim at Rs 6.6 lakh
NEW DELHI: Tata Motors on Saturday said it has launched a new variant of its premium hatchback Altroz priced at Rs 6.6 lakh (ex showroom Delhi). The petrol powered XM+ trim comes with various features like the 17.78 cm touchscreen infotainment with Apple CarPlay and Android Auto connectivity that provides a seamless driving experience, Tata […]
Tata Motors crosses 40 lakh cumulative production milestone
NEW DELHI: Auto major Tata Motors on Saturday said its passenger vehicle vertical has crossed 40 lakh cumulative production milestone, nearly three decades after it rolled out its first model in the segment — Tata Sierra SUV in 1991. The company, which over the years has produced models like the Indica, Sierra, Sumo, Safari and […]
Tata Motors, Mahindra cut production to align with tapering market demand
NEW DELHI: Home grown auto majors Tata Motors and Mahindra & Mahindra (M&M) are suspending automobile manufacturing in order to adjust production with market demand. M&M on Friday said it will be suspending production for 8-14 days in the ongoing quarter while Tata Motors also confirmed taking steps to align manufacturing with tapering demand. In […]
Moody’s downgrades Tata Motors with negative outlook on JLR worries
NEW DELHI: Global rating agency Moody’s Investors Service on Thursday downgraded Tata Motors’ credit rating by a notch on the floundering performance of its British subsidiary Jaguar Land Rover. The corporate family rating and the company’s senior unsecured instruments rating have also been downgraded to “Ba3” from “Ba2”, with a negative outlook. “The downgrades reflect […]
Tata Motors’ JLR opens $1.6 billion manufacturing plant in Slovakia
NEW DELHI: Tata Motors-owned Jaguar Land Rover (JLR) on Thursday announced the opening of its new state-of-the-art $1.6 billion manufacturing facility in Slovakia, a first for a British automotive brand setting up in the central European country. JLR said its investment is expected to lead to an annual production of 100,000 cars at the new […]
Tata Motors to take a call on price hike later this year
NEW DELHI: Even as rupee depreciation is adding to the stress in the automobile market, Tata Motors will evaluate passing on its impact to consumers only around December to avoid price hike during the festive season, a senior company official said on Wednesday. The company, which introduced an upgraded version of its compact sedan Tigor […]
Tata Motors launches new premium variant of SUV Hexa
NEW DELHI: Homegrown Tata Motors on Monday launched a new premium variant of its lifestyle sports utility vehicle (SUV) Hexa with 16 new features, priced at Rs 15.27 lakh (ex-showroom New Delhi). The Hexa XM+ also been made available with electric sunroof to enhance, which comes with a two years warranty, it said. Hexa, which […]