Tag: Tata Motors

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 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, 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 […]

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