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12Dec By editor3No Comments

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JLR TO DIGITALLY TRANSFORM ORGANISATION THROUGH PARTNERSHIP WITH TATA COMMUNICATIONS

Mumbai,12 December 2023.  JLR is partnering with Tata Communications, the global commtech (communications technology) player, to future-proof its digital transformation and pave the way for new standards such as Industry 4.0 and advanced analytics. The partnership will power the production of JLR’s next-generation vehicles, a key part of its Reimagine strategy, and provide the connectivity foundation for the next phase of digital transformation for the organisation. Tata Communications will deploy its cloud-first, software-defined wide area network (SD-WAN) technology, connecting all JLR’s 128 sites worldwide. This advanced globalconnected capability — between JLR’s global HQ and its plants, warehouses, sales centres, data centres and cloud services, will significantly boost ...

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12Dec By editor3No Comments

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Electric Excavators Light up the Future at the Tata Hitachi Pavilion at EXCON 2023

Bengaluru December 2023. Tata Hitachi,a frontrunner in the construction equipment industry,inaugurated its pavilion at Excon2023 (Largest Construction Equipment exhibition in South Asia), under the theme of“Aao Kartavya Nibhaye, Chalo Desh Banaye.” Leveraging the platform of EXCON, this theme reinforces Tata Hitachi’s commitment to fostering a sense of duty and collective responsibility towards nation-building through technologically advanced machines and innovative solutions. This commitment is also embodied in Tata Hitachi’s demonstrated obligation towards environmental sustainability. In line with this, Tata Hitachi displayed technologically advanced futuristic electric machines that included the ZAXIS 55U-6EB(Electric Battery) and India’s first indigenously developed E Electri...

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12Dec By editor3No Comments

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Tata Motors showcases a wide range of safer, smarter and greener mobility solutions at EXCON 2023

Bengaluru, December 2023. Tata Motors, India’s largest commercial vehicle manufacturer, today unveiled its innovative and advanced range of future ready mobility solutions at EXCON 2023 – South Asia's premier construction equipment exhibition. Embracing the theme ‘Moving India Forward’, the company reinforced its commitment to innovation, sustainability and excellence, serving the nation proudly. Tata Motors showcased its trucks and tippers engineered to perfectly suit the construction and infrastructure sectors, along with vehicles powered by green fuels, including Liquid Natural Gas (LNG) and battery electric. It also unveiled its wide range of aggregates, including engines designed for industrial equipment, axles and gensets. Highlights of Tata Motors commercial vehicles display a...

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12Dec By editor3No Comments

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Passenger vehicle wholesales grow 4% in November

New Delhi, December 12, 2023. Domestic passenger vehicle wholesales rose by around 4 per cent year-on-year in November, driven by robust demand for utility vehicles, industry body SIAM said . Passenger vehicle dispatches from companies to dealers rose to 3,34,130 units last month, the best ever figure for the month of November, from 3,22,268 units in same month last year. Two-wheeler sales rose to 16,23,399 units last month, a growth of 31 per cent as compared to 12,36,282 units in November 2022.

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11Dec By editor3No Comments

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Tata Passenger Electric Mobility Ltd. collaborates with leading Charge Point Operators to setup over 10,000 charging stations by FY25

Mumbai, 11 December, 2023. Tata Passenger Electric Mobility Ltd. (TPEM), pioneers of India’s EV revolution, today signed a Memorandum of Understanding (MoU) with leading charge point operators (CPOs),Chargezone, Glida, Statiq, and Zeon,to further develop India’s charging infrastructure. This MoU crucially builds on the significant existing presence of each operatorin the charging ecosystem and TPEM’s unique telematics insights basis more than 1.15 lakh Tata EVs on Indian roads. TPEM will actively assist the four CPOs in installing chargers at locations most frequented by its EV owners and share insights on how the chargers are being used to help understand and enhance customer experience. Chargezone, Glida(formerly known as Fortum Charge & Drive India), Statiq, and Zeon are leadi...

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10Dec By editor3No Comments

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Tata Motors announces price increase of its commercial vehicles from January 2024

Mumbai, December 2023. Tata Motors, India’s largest commercial vehicle manufacturer, announced that it will increase the price of its commercial vehicles effective 1st January 2024, up to 3%. The price increase is to offset the residual impact of the past input costs, and will be applicable across the entire range of commercial vehicles.

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8Dec By editor3No Comments

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Bharat Petroleum and Tata Passenger Electric Mobility collaborate to setup 7,000 chargers

Mumbai, 8th December 2023. Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 and a Fully Integrated Maharatna Energy Company and Tata Passenger Electric Mobility Ltd. (TPEM), known for pioneering India's electric vehicle revolution, have signed an MOU to collaborate in establishing public charging stations across India.The collaboration will leverage BPCL's widespread fuel stations network and TPEM's insights from over 1.15 lakh Tata EVs on Indian road, to set up chargers at locations frequently visited by Tata EV owners. Additionally, BPCL will gather insights on charger usage to improve customer experience. This agreement between TPEM and BPCL aims to improve the overall experience for EV owners across India. The two companies are also exploring the possibility of introduc...

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7Dec By editor3No Comments

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Tata Motors and HDFC Bank sign MoU for seamless digital financing solutions

Mumbai, December, 2023. Tata Motors, India’s largest commercial vehicle manufacturer, and HDFC Bank, India’s largest private sector bank enter into a Memorandum of Understanding (MoU) to provide attractive digital financing solutions for its commercial vehicle customers. This collaboration marks a significant leap in enhancing the accessibility of financial services for Tata Motors commercial vehicles customers. Under this partnership, Tata Motors customers can now seamlessly access HDFC Bank's vehicle financing solutions through Tata Motors' Online Sales Platform and the innovative Tata e-Guru mobile application. The integration of financial services into the digital ecosystem will ensure a streamlined process, allowing customers to select their preferred financier that suits the requi...

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6Dec By editor3No Comments

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Sonalika Achieves new Landmark with Highest ever overall market share of 16.3% in Nov’23

New Delhi, December 06, 2023. India’s No.1 tractor export brand, Sonalika Tractors truly believes in delivering excellence in farming operations and ensures progress for farmers with its heavy duty tractor portfolio. Developing customised tractors for every soil type, the company has clocked its highest ever 16.3% market share in November’23. Sonalika has also clocked robust November overall sales of 12,891 tractors, which is powered by highest growth of 23%, over 10,464 tractors sold in Nov’22. With this, Sonalika has also beaten industry growth in Nov’23 (est.2%) and surpassed 1 lakh tractor sales mark 7th year in row (FY'18 - FY'24). Favourable conditions such as bullish buying during the festive season, coupled with Sonalika's timely product availability and ideal product mix ena...

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30Nov By editor3No Comments

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Tata Motors commences deliveries of top-of-the-line Prima VX tipper

Mumbai, 30th November2023. Redefining customer excellence, Tata Motors, India’s largest commercial vehicle manufacturer,commences deliveries ofstate-of-the-art Tata Prima VX tipper truck with top-of-the-line safety features.Thefeature-richtipper is designed for higherproductivityand with best-in-class conveniences and features for enhanced driver and vehicle safety. The Prima range of vehicles are now available in LX and VX trims, catering to the customer’s preferences and requirements. Loaded with state-of-the-art features, the Prima VX tipper boasts driver monitoring system, automatic traction control, hill-start assist,multimode FE (Fuel Efficiency) switch, camera-based park assist system, in-built touchscreen infotainment system, fuel monitoring system, pneumatically suspended dr...

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29Nov By editor3No Comments

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Tata Motors inaugurates its state-of-the-art Registered Vehicle Scrapping Facility in Chandigarh

New Delhi, November 2023. Tata Motors, India’s leading automobile manufacturer, continues its commitment to sustainable mobility with the launch of its fourth Registered Vehicle Scrapping Facility (RVSF) in Chandigarh. Named 'Re.Wi.Re – Recycle with Respect,' the facility was unveiled by Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. The state-of-the-art facility uses environmentally-friendly processes and has the capacity to disassemble 12,000 end-of-life vehicles safely and sustainably, each year. The RVSF is developed and operated by Tata Motors’ partner Dada Trading Company and is equipped to scrap both passenger and commercial vehicles, regardless of their brand, aligning with the company’s vision to promote eco-friendl...

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28Nov By editor3No Comments

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Maruti Suzuki, M&M, Audi plan price hikes in January 2024

New Delhi, November 28, 2023. Automakers Maruti Suzuki, Mahindra & Mahindra and Audi India on Monday announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates. Besides, Tata Motors and Mercedes-Benz India are mulling increasing the prices of their models from January. The country's largest carmaker Maruti Suzuki India, which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh and Rs 28.42 lakh (ex-showroom Delhi), on Monday said the price hike would vary from model to model.

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27Nov By editor3No Comments

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Tata Motors mulls price hike of PVs and EVs in January

New Delhi, November 27, 2023. Tata Motors increasing prices of its passenger and electric vehicles in January 2024. The company, which sells a range of passenger vehicles starting with hatchback Tiago to premium SUV Safari priced between Rs 5.6 lakh and Rs 25.94 lakh, however, did not specify the quantum of the proposed hike. "We are considering a price hike across our passenger and electric vehicles in January 2024. The extent of the hike and exact details will be announced in a few weeks.

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23Nov By editor3No Comments

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MG hector price hike for the third time this year

Jaipur, November 23, 2023. MG Motor has raised the prices of its popular Hector and Hector Plus SUVs in India for the third time in a year. This latest increase, coming just three months after the August adjustment, sees a hike of up to ₹40,000 for the Chinese-owned British carmaker's best-selling models. ,MG Motor introduced the 2023 version of the Hector, starting at ₹14.73 lakh (ex-showroom). Simultaneously, the Hector Plus SUV was launched at a price of ₹20.80 lakh (ex-showroom). The Hector SUV, available in both petrol and diesel variants, offers six different configurations: Style, Shine, Smart, Smart Pro, Sharp Pro, and Savvy Pro.

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22Nov By editor3No Comments

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Toyota Kirloskar Motor inks MOU with Government of Karnataka for next round of investments towards setting-up of a new plant

Bengaluru, November  2023. Staying true to its commitment of “Make in India” and producing “Mass Happiness for All”, Toyota Kirloskar Motor (TKM) today signed a Memorandum ofUnderstanding (MOU) with the Government of Karnataka toenhance its existing operations in the country through fresh investments. The investments of around INR 3,300 crores, coinciding with the landmark occasion of TKM’s 25-years of operations in India,involves setting-up of a new plant thus adding to capacity thereby resulting in a substantial boost to the local manufacturing eco-system,along with ushering new technologies to create “mobility for all”. This will be the company’s third plant in India, all situated at Bidadi near Bangalore, in Karnataka.This development also brings with it, potential for furth...

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21Nov By editor3No Comments

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Tata Motors and Inchcape plc usher in a new era of commercial vehicle excellence in Thailand

Bangkok, 21 November 2023. Tata Motors, one of the world’s leading automobile manufacturers, is reaffirming its dedication to delivering class-leading commercial vehicles to the Thai market. The company, along with its authorised distributor Inchcape – a leading global automotive distributor, announced it has commenced the sales and service of its commercial vehicles across Thailand. This endeavour marks Tata Motors' commitment to revolutionising the landscape of commercial transportation in Thailand. The company also launched an impressive line-up of new-age trucks, including Tata Super Ace, Tata Ultra T.9, Tata Ultra T.14 and the flagship Tata Prima 5038.S, with a gamut of value-added services, such as Tata Protect and Tata OK. In April 2023, Tata Motors announced a strategic partn...

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8Nov By editor3No Comments

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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023

Milan, November 08, 2023. “In keeping with our vision “Be the Future of Mobility”,Hero MotoCorp is driven by innovation and extensive research. Brand Hero is trusted by its 112 million customers across the world and is now transforming itself as a technology powerhousethat is ready to serve the evolving global customer. “Through our eco-friendly, sustainable green manufacturing, fuel-efficient ICE products and technologically-advanced electric vehicles, developed at our world-class research and development facilities in India and Germany, we are committed to meeting the current and future mobility needs of customers in diverse geographies around the world. “With this foray into Europe with our Electric Vehicles, I am confident that Hero MotoCorp will soon emerge as a trusted bran...

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6Nov By editor3No Comments

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CNG cars poised to capture 25% of Indian automobile market by 2030: Tata Motors

Mumbai, November 06th 2023. Tata Motors, India’s leading automobile manufacturer, has made a bold move by making CNG vehicles more desirable and practical. With its twin-cylinder technology, Tata Motors has ensured that CNG-powered vehicles are no longer a compromise. This strategic decision reflects Tata Motors' commitment to sustainability and its recognition of the burgeoning popularity of CNG vehicles in the country. Over the last three to four years, CNG cars have gained significant traction, especially in the personal vehicle segment. Two key factors have driven this remarkable surge are diverse model offerings and expanding infrastructure. The Indian market now boasts a diverse range of CNG models, with approximately 17-18 variants available across different body types and pri...

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6Nov By editor3No Comments

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Standard Chartered Bank drives in financing access for Tata Motors’Passenger Electric Vehicle Dealers

Jaipur, November 06, 2023. Standard Chartered Bank, India, today announced that it has partnered with Tata Motors, India’s leading automobile manufacturer, for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limitsto the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses. The Memorandum of Understanding (MoU) will enable the Bank to extend additional limits to the dealers exclusively for procurement of EVs from Tata Motors, through its subsidiary Tata Passenger Electric Mobility Limited (TPEML). Tata Motors has been dominating the Indian 4-wheeler EVmarket commanding a market share of over 73% andthis funding solution will further augment the com...

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3Nov By editor3No Comments

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Tata Motors Consolidated Q 2 FY2 4 Results: Automaker posts Rs 3,764-crore profit

New Delhi, November 2023. Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2023.   Consolidated(₹ Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles(₹Cr, Ind AS)Tata Passenger Vehicles(₹ Cr, Ind AS)FY24Vs. PYFY24Vs. PYFY24Vs. PYFY24Vs. PYQ2 FY24Revenue105,12832.1 %6,85730.4 %20,08722.3%   12,174(3.0)%   EBITDA (%)13.7400 bps14.9430 bps10.4540 bps6.5110 bpsEBIT (%)7.5510 bps7.3630 bps7.9 560 bps1.8140 bpsPBT (bei)6,110₹7,883 crs442£615m1,526₹1,234 crs296₹129 crsH1 FY24Revenue207,36436.8 %13,76042.4 %37,07813.4%   25,0133.8%   EBITDA (%)14.0540 bps15.6680 bps10.0480 bps5.910 bpsEBIT (%)7.8680 bps8.0950 bps7.2460 bps1.480 bpsPBT (bei)11,439₹18,175 crs877£1,574m2,462₹1,869 c...

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3Nov By editor3No Comments

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TPEM and JLR announce platform-sharing partnership to accelerate development of TPEM’s ‘premium pure electric’ series ‘Avinya’

Mumbai, November 2023. Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover Plc (JLR), both 100% subsidiaries of Tata Motors Limited (TML),have enteredinto a Memorandum of Understanding (MoU) for the licensing of JLR’s Electrified Modular Architecture (EMA) platform for a royalty fee (including electrical architecture, electric drive unit, battery pack and manufacturing know-hows) for the development of TPEM’s ‘premium pure electric’ vehicles series ‘Avinya’ on the EMA platform.TPEM and JLR will also enter into an Engineering Services Agreement (ESA)to support TPEM’s change content requirements for the first vehicle development. JLR’s EMA platform will underpin JLR’s next generation of ‘pure electric’ mid-sized SUVs for international markets,to be launched from 2025 onwa...

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3Nov By editor3No Comments

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Srinagar Smart City takes the green route with Tata Motors Ultra EV electric buses

Srinagar,  November 2023. Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has supplied the first batch of state-of-the art Ultra EV air-conditioned electric buses to Srinagar Smart City Limited, via TML Smart City Mobility Solutions (J&K) Pvt Ltd, a Tata Motors Group company. The delivery of the electric buses is a part of its larger order to supply, maintain and operate 100 electric buses in Srinagar and 100 electric buses in Jammu, for a period 12-years for Jammu and Srinagar Smart City projects. The collaboration is a part of an initiative of Housing and Urban Development Department, Government of Jammu & Kashmir to establish an environmentally and financially sustainable network of public transport for Srinagar. The zero-emission bus...

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24Oct By editor3No Comments

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Tata Motors unveils state-of-the-art facilities for development of Hydrogen propulsion technologies

Pune, October 2023. Tata Motors, India’s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions.The unveilings constitute of engine test cell for development of Hydrogen Internal Combustion Engine and the necessary infrastructure for storage and dispensing of Hydrogen fuel for the Fuel Cell and H2ICE vehicles. These facilities are yet another step forward from the company towards carbon neutrality, while tapping the strong potential of Hydrogen as a clean energy source. Speaking on the occasion, Mr. Girish Wagh, Executive Director, Tata Motors, said, “Tata Motors has been leading the global megatrend of sustainable, connected and safer mobility in India. We believe Hydrogen to be...

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