Tag: Tata Motors

8Nov By editor3No Comments

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Tata Motors Consolidated Q2 FY25 Results

Mumbai, November 08, 2024 Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2024.  Consolidated(₹Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles (₹Cr, Ind AS)Tata Passenger Vehicles (₹Cr, Ind AS)FY25Vs. PYFY25Vs. PYFY25Vs. PYFY25Vs. PYQ2 FY25Revenue101,450(3.5)%6,475(5.6)%17,288(13.9)%11,700(3.9)%EBITDA (%)11.4 (230) bps11.7(320) bps10.840 bps6.2(30) bpsEBIT (%)5.6(190) bps5.1(220) bps7.8(10) bps0.1(170) bpsPBT (bei)5,768₹(391) Cr398£ (44)mn1,314₹(212) Cr229₹(67) CrH1 FY25Revenue209,4981.0%13,748–35,138(5.2)%23,548(5.9)%EBITDA (%)13.0 (100) bps13.9(170) bps11.2120 bps6.010 bpsEBIT (%)7.0(80) bps7.1(90) bps8.4 120 bps0.2(120) bpsPBT (bei)14,595₹2,895 Cr1,091£ 214 mn2,849₹387 Cr402₹(81) Cr Tata Motors Consolidated:TML del...

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4Nov By editor3No Comments

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Tata Motors registered total sales of 82,682 units in October 2024

Mumbai, November 2024. Tata Motors Limited sales in the domestic & international market forOctober2024 stood at 82,682 vehicles, compared to 82,954units during October 2023. Domestic Sales Performance: CategoryOctober 2024October 2023% change (Y-o-Y)Total Domestic Sales80,83980,8250% Commercial Vehicles: CategoryOctober 2024October 2023Growth (Y-o-Y)HCV Trucks10,02410,204-2%ILMCV Trucks5,8365,3519%Passenger Carriers2,8352,51413%SCV cargo and pickup14,01314,419-3%CV Domestic32,70832,4881%CV IB1,5511,829-15%Total CV34,25934,3170% Domestic sale of MH&ICV in October2024, including trucks and buses, stood at 15,574 units, compared to15,211units in October 2023. Total sales for MH&ICV Domestic & International Business in October 2024, including trucks and...

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30Oct By editor3No Comments

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Tata Motors celebrates a historic sales milestone of 15 lakh trucks in the ILMCV range

Mumbai,  October 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today announced a historic milestone of 15 lakh sales in the Intermediate, Light and Medium Commercial Vehicles (ILMCV) segment. Tata Motors becomes the only truck manufacturer in the country to achieve this milestone. To commemorate this achievement, Tata Motors has unveiled new variants of the Tata SFC 407 Gold, Tata LPT, Tata SFC 709G, Tata LPT 1109G, Tata LPK 1112 and Tata LPK 1416 range of trucks and tippers. The company has also introduced attractive financing schemes tailored for first-time buyers, alongside a 6-year extended warranty on all ILMCV trucks, ensuring total peace of mind for customers. The ILMCV segment includes trucks with gross vehicle weight ranging from 4 to 19 tonne, catering...

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24Oct By editor3No Comments

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Tata Motors inaugurates ‘Customer Care Mahotsav’

Mumbai, 23 October 2024. Tata Motors, India’s largest commercial vehicle manufacturer, announced the launch of its Customer Care Mahotsav 2024, a comprehensive customer engagement program for commercial vehicle customers till 24th December, 2024. The unique and value adding programme will be held at over 2500 authorised service outlets across the country, bringing together fleet owners and drivers for insightful discussions. Through the Mahotsav, customers can avail a range of benefits, including thorough vehicle check-ups conducted by trained technicians, and access to value-added services. Additionally, drivers will receive extensive training on safe and fuel-efficient driving practices, along with tailored offerings under its Sampoorna Seva 2.0 initiative. Launching the ...

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22Oct By editor3No Comments

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Tata Motors advances green mobility, begins delivery of LNG-powered trucks to Clean Green Fuel and Logistics Pvt. Ltd

New Delhi, October 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today announced the commencement of deliveries of the Tata Prima 5530.S LNG trucks to Clean Green Fuel and Logistics Pvt. Ltd, a leading green fuel retailing and logistics company. Tata Motors had received an order to supply 150 such trucks. The first batch of vehicles was handed over today at a specially organized ceremony in the city. Deliveries of the remaining Tata Prima 5530.S LNG trucks will be subsequently carried out, in a phased manner. A Memorandum of Understanding to supply an additional 350 units of Prima 5530.S LNG was also signed between Tata Motors and Clean Green Fuel and Logistics Pvt. Ltd. Speaking on the occasion, Mr. Milan Donga, Director, Clean Green Fuel and Logistics Pvt. ...

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21Oct By editor3No Comments

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Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation

Mumbai, 21st October, 2024. Tata Motors, India's largest commercial vehicle manufacturer, announced that it has received a prestigious order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the Tata LPO 1618 diesel bus chassis. The order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process, and the bus chassis will be supplied in a phased manner as per mutually agreed terms. This latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, and which are currently running efficiently by the UPSRTC. Designed for safe intercity and long-distance travel, Tata LPO 1618 diesel bus chassis deliver superior performance and excellent passeng...

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3Oct By editor3No Comments

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Tata Motors registered total sales of 2,15,034 units in Q2FY25

Mumbai, October 2024. Tata Motors Limited sales in the domestic & international market for Q2 FY 2024-25 stood at 2,15,034 vehicles, compared to 2,43,024 units during Q2FY 2023-24. Domestic Sales Performance: Category Sept’24Sept’23% ChangeQ2 FY25Q2 FY24% ChangeTotal Domestic Sales 69,69482,023-15%2,09,8612,37,128-11% Commercial Vehicles: Category Sept’24Sept’23% ChangeQ2 FY25Q2 FY24% ChangeHCV Trucks  9,29512,867-28%22,90430,369-25%ILMCV Trucks 5,3876,377-16%14,69316,483-11%Passenger Carriers  3,1013,344-7%10,93510,6223%SCV cargo and pickup 10,84814,626-26%31,39941,704-25%Total CV Domestic 28,63137,214-23%79,93199,178-19%CV IB 1,4011,850-24%4,3504,907-11%Total CV 30,03239,064-23%84,281104,085-19% Domestic sa...

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29Sep By editor3No Comments

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Tata Motors conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu

Panapakkam, Ranipet, Tamil Nadu, 28 September 2024.  In a significant step towards promoting indigenous (“Make in India, For the World”) manufacturing, Tata Motors Group, India’s leading producer of commercial and passenger vehicles, today held the groundbreaking ceremony of its new, world-class production facility to manufacture cars and SUVs, at Panapakkam in Ranipet district, Tamil Nadu. This manufacturing facility will produce next-gen vehicles for Tata Motors and JLR. The internationally benchmarked plant will cater to requirements of both Indian and international markets. The groundbreaking ceremony was attended by the Chief Minister of Tamil Nadu, Thiru M.K. Stalin and Mr. N. Chandrasekaran, Chairman of Tata Sons & Tata Motors, in the presence of several eminent M...

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25Sep By editor3No Comments

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Tata Motors boosts the Nexon’s appeal – launches Nexon iCNG and Nexon.ev 45 kWh

Mumbai, September 2024.  Tata Motors, India’s leading manufacturer of cars and SUVs, today announced the launch of the Nexon iCNG, and additions to the Nexon.ev range with a new 45 kWh battery pack and the flagship Red Hot #DARK edition. These additions make India’s bestselling SUV, the Tata Nexon, India’s first and only vehicle to be available in 4 distinct powertrains – petrol, diesel, CNG and electric. Consistently ranked amongst India’s bestselling SUVs, the Nexon, since its launch in 2017, has always offered customers a unique value proposition combining its stylish SUV design with a strong emphasis on safety and best-in-class features, to deliver superior performance. Launching the new Nexon offerings, Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electri...

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20Sep By editor3No Comments

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Tata Motors signs MoU with ESAF Small Finance Bank for commercial vehicle financing

Mumbai, 20 September 2024. Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with ESAF Small Finance Bank, to offer attractive financing solutions to its commercial vehicle customers. Initially focused on Small Commercial Vehicles (SCVs) and Light Commercial Vehicles (LCVs), the partnership will expand to include financing for Tata Motors' entire commercial vehicle portfolio. Mr. Vinay Pathak, Vice President & Business Head – SCV&PU, Tata Motors, said, “Our partnership with ESAF Small Finance Bank enhances access to seamless financing solutions for our customers in deeper pockets of the country. It reiterates our commitment to support our customers with tailored and efficient solutions, empowering them to meet their b...

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19Sep By editor3No Comments

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Tata Motors commercial vehicles signs three-year deal as Jamshedpur FC’s official automobile partner

Jamshedpur, September 2024. Tata Motors, India’s largest commercial vehicle manufacturer, has announced its association with Jamshedpur FC, one of India’s premier football clubs, as the official automobile partner for the next three editions of the Indian Super League (ISL). During these upcoming seasons, Jamshedpur FC will promote Tata Motors’ Intra range of pick-ups, engineered to perfectly suit the needs of customers looking for higher load carrying capacity and better driveability. Commenting on the announcement, Mr. Shubhranshu Singh, Chief Marketing Officer, Tata Motors Commercial Vehicles, said, "Football is more than just a sport, it brings people together. As Jamshedpur is the cherished home ground of the Tata group, we are happy to associate with Jamshedpur FC – one of the ...

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10Sep By editor3No Comments

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Tata Motors Launches ‘Festival of Cars’ with Incredible Prices for its Cars & SUVs

Mumbai, September 2024. Tata Motors, India’s leading automotive manufacturer, has launched its biggest ever ‘Festival of Cars’ with amazing offers for this festive season. With never-before-seen pricing for several of its popular Cars and SUVs plus a bouquet of additional consumer benefits available at our showrooms, customers can enjoy cumulative benefits of up to ₹ 2.05 Lakh making it the perfect opportunity for customers to buy their dream car at beyond dream prices. The special, festive offers are available for a limited period till 31st October 2024 on all Cars and SUVs powered by petrol, diesel and CNG. Announcing the Festival of Cars, Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd,said, “As the festive season unfolds, we are delighted to pre...

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2Sep By editor3No Comments

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Tata Motors launches its Mid – SUV Curvv at a starting price of ₹ 9.99 lakh

Mumbai, September, 02, 2024. Tata Motors, India’s leading automotive manufacturer, today, proudly announces the launch of Tata Curvv- The SUV Coupe,at a starting introductory price of ₹ 9.99 lakh*. Marking a big milestone for the Company and entering the fastest growing mid-SUV segment with ICE options in an innovative and disruptive body style, Tata Motors has launched the Curvv in three engines options, all provided with an Advanced Dual Clutch Automatic Transmission. With the powerful new Hyperion gasoline direct injection engine, 1.2L Revotron petrol engine and the new 1.5L KryoJet diesel engine with the segment’s first Dual Clutch Transmission in Diesel, the Company is giving the consumers a good mix of options to choose from, each suited to their unique needs. In a high growth ...

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1Sep By editor3No Comments

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Tata Motors registered total sales of 71,693 units in August 2024

Mumbai, September 01, 2024. Tata Motors Limited sales in the domestic & international market for August 2024 stood at 71,693 vehicles, compared to 78,010 units during August 2023. Domestic Sales Performance: CategoryAugust 2024August 2023% change (Y-o-Y)Total Domestic Sales70,00676,261-8% Commercial Vehicles: CategoryAugust 2024August 2023Growth (Y-o-Y)HCV Trucks7,1169,000-21%ILMCV Trucks4,9655,207-5%Passenger Carriers3,4102,98614%SCV cargo and pickup10,37313,555-23%CV Domestic25,86430,748-16%CV IB1,3431,3291%Total CV27,20732,077-15% Domestic sale of MH&ICV in August2024, including trucks and buses, stood at 12,008 units, compared to13,506 units in August 2023. Total sales for MH&ICV Domestic & International Business in August 2024, including trucks...

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29Aug By editor3No Comments

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Tata Motors showcases safe, smart and sustainable mass mobility solutions at Prawaas 4.0

Bengaluru, 29thAugust, 2024. Tata Motors, India's largest commercial vehicle manufacturer, showcased an impressive array of cutting-edge mass mobility solutions at Prawaas 4.0 – a 3-day biennial event highlighting safe, smart and sustainable integrated mass mobility solutions. The company unveiled an all-new Tata Ultra EV 7M – a zero-emission, intra-city electric bus designed and engineered to perfectly suit the requirements for urban mass mobility. Tata Motors also showcased a diverse range of passenger transport solutions including the Tata Magna EV, Tata Magic Bi-fuel, Tata Ultra Prime CNG, Tata Winger 9S, Tata CityRide Prime and Tata LPO 1822, all aimed at offering customized solutions in varied applications and duty cycles. The all-new Tata Ultra EV 7Moffers comfortable seating ...

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8Aug By editor3No Comments

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Tata Motors Launches Curvv.evat an attractive starting price of ₹ 17.49 lakh

Mumbai, August 2024. Defining a new era of SUV design, Tata Motors, India’s leading automotive manufacturer,today, officially launched the Curvv.ev and showcased the Tata Curvv. Built on 5 key pillars of ‘Shaped to Stun’, ‘Shaped for Grandeur’, ‘Shaped for Performance’, ‘Shaped for Innovative Technology’ and ‘Shaped for Absolute Safety’, the Curvv marks the Company’s entry in to the highly competitive mid-size SUV segment.This new addition to the Tata Motors’ SUV range is a unique product blend ofSUV robustness and Coupe elegance. Breaking the clutter in a space dominated by boxy-SUV body styles, Tata Motors is proud to be the first OEM to bring this innovative body style to India, with the Curvv – India’ first SUV Coupe. As promised in 2022, today, the Company is launching the Curvv...

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1Aug By editor3No Comments

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Tata Motors registered total sales of 71,996 units in July 2024

Mumbai, August 01, 2024. Tata Motors Limited sales in the domestic & international market for July 2024 stood at 71,996 vehicles, compared to 80,633 units during July 2023. Domestic Sales Performance: CategoryJuly 2024July 2023% change (Y-o-Y)Total Domestic Sales70,16178,844-11% Commercial Vehicles: CategoryJuly 2024July 2023Growth (Y-o-Y)HCV Trucks6,4938,502-24%ILMCV Trucks4,3414,899-11%Passenger Carriers4,4244,2923%SCV cargo and pickup10,17813,523-25%CV Domestic25,43631,216-19%CV IB1,6061,728-7%Total CV27,04232,944-18% Domestic sale of MH&ICV in July 2024, including trucks and buses, stood at 11,174 units, compared to 13,291 units in July 2023. Total sales for MH&ICV Domestic & International Business in July 2024, including trucks and buses, stood...

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1Aug By editor3No Comments

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Tata Motors Consolidated Q1 FY25 Results

Mumbai,August 01, 2024 Tata Motors Ltd.(TML) announced its results for quarter ending June 30, 2024. Q1FY25 Consolidated (₹ Cr Ind AS)Jaguar Land Rover (£m, IFRS)Tata Commercial Vehicles (₹Cr, Ind AS)Tata Passenger Vehicles (₹Cr, Ind AS) FY25Vs. PYFY25Vs. PYFY25Vs. PYFY25Vs. PYRevenue108,0485.7%7,2735.4%17,8495.1%11,847(7.7)%EBITDA (%)14.4-15.8(50) bps11.6220 bps5.850 bpsEBIT (%)8.430 bps8.930 bps8.9240 bps0.3(70) bpsPBT (bei)8,828₹3,287crs693£258m1,535₹598crs173₹(13) crs Tata Motors Consolidated: TML delivered astrong performance in Q1 FY25 with revenues at ₹108.0K Cr (up 5.7%), EBIT of ₹9.1KCr(+ ₹0.9KCr), EBIT margin of 8.4% (+30bps).JLR revenues grew by 5.4% to £7.3bwithEBIT margins of 8.9% (+30bps) driven by favourable volume, mix and material cost improvements. C...

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1Aug By editor3No Comments

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Demerger of CV business undertaking of Tata Motors Ltd into a separate listed company

Mumbai, August 1, 2024 In furtherance to the announcement made on March 4, 2024, the Board of Directors of Tata Motors Limited (TML), today, has approved a Composite Scheme of Arrangement amongst TML, TML Commercial Vehicles Limited (TMLCV), Tata Motors Passenger Vehicles Limited (TMPV) and their respective shareholders under Sections 230-232 and other applicable provisions of the Companies Act, 2013 (“Scheme”). As a part of the Scheme, TML will demerge its Commercial Vehicle undertaking involving the Commercial Vehicle business (all the assets, liabilities and employees relating to the Commercial vehicle business) and all its related investments into TMLCV.Further, pursuant to the Scheme, the existing Passenger Vehicle business in TMPV, will be merged into TML, the existing listed e...

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30Jul By editor3No Comments

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Tata Motors launches ‘Vidyadhan’ and ‘Utkarsha’ programs to facilitate  Higher Education of Technicians’ children

Mumbai, July 30, 2024.  In its continuing endeavour towards bridging the gap between aspirations and accessibility, Tata Motors, India’s leading automobile manufacturer, today announced the launch of two special funding programs ‘Vidyadhan’ and ‘Utkarsha’, to facilitate higher education of the children of its technicians working in manufacturing facilities across Indiaincluding plants in Pune, Lucknow, Jamshedpur, Dharwad, Sanand and Pantnagar regions. Under the ‘Vidyadhan’ program, education loans are being made available at concessional rates to support the higher education of children post successfully clearing grade 10th and 12th. With ‘Utkarsha’, girls, transgenders, and specially abled children will additionally benefit from annual scholarships being offered. Announcing...

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19Jul By editor3No Comments

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Tata Motors redefines the mid-SUV category with India’s first SUV Coupé Reveals the Tata Curvv

Mumbai, July 19, 2024. Defining a new era in SUV design, Tata Motors, India’s leading automotive manufacturer, today unveiled the Tata Curvv ICE and EV. Born of powerful philosophy, form and function, the Curvv is India’s first SUV Coupé. Exhibiting the new-age SUV typology, the Curvv artfully blends the toughness and practicality of an SUV with the elegance and sporty silhouette of a coupé. Launching on 7th August, the all-new Curvv will follow Tata Motors’ strong multi-powertrain strategy and will be first available in its EV version which will soon be followed by its ICE counterpart. Commenting on the unveil, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd., said, “Tata Motors has pioneered the Indian SUV arena...

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15Jul By editor3No Comments

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Tata Motors ‘Automotive Skill Labs’ initiative nurtures over 4000 students annually with future-ready automotive skills

Mumbai, July 15, 2024. Reaffirming its commitment to nurturing talent and creating a skilled workforce for the automotive industry, Tata Motors’ in collaboration with Navodaya Vidyalaya Samiti (NVS) has established dedicated ‘Automotive Skill Labs’ at Jawahar Navodaya Vidyalayas(JNVs).To date, 25 labs, fully equipped with essential tools, have been set up across select JNVs in Maharashtra, Karnataka, Gujarat, Jharkhand, West Bengal, Uttar Pradesh, and Uttarakhand.This unique industry-academic joint initiative equips approximately 4000 students annually with practical automotive skills, with 30% of students enrolled being girls. Aligned with the vocational courses envisioned in the ‘National Education Policy 2020’, Tata Motors’ ‘Automotive Skill Labs’ focuses on providing secondary an...

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10Jul By editor3No Comments

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Tata Motors – India’s leading SUV manufacturer, celebrates a historic milestone of its SUV legacy

Mumbai, July 2024. Tata Motors, India’s leading automotive manufacturer and also India’s leading SUV manufacturer, proudly celebrates an historic milestone with over 2 million SUVs on Indian roads. The wide SUV portfolio, which includes the Safari, Harrier, Nexon, Punch, along with the iconic nameplates of the yesteryears – the Sierra and the Safari, have been instrumental in achieving this milestone. Each of these robust SUVs have been segment defining and together embody Tata Motors’ dedication to providing best-in-class safety, cutting-edge design, and advanced technologies, in line with customer expectations, making them the true ‘King of SUVs’.  From launching the first SUV in India – The Tata Sierra in 1991, to showcasing India’s first ever compact SUVconcept - the Nexon a...

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