Sunday, February 23

Tag: Tata Motors

No Comments
Automobile News, Business News, Feature, National News

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...
Read More
No Comments
Automobile News, Business News, Feature, National News

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...
Read More
No Comments
Automobile News, Feature, National News, Sports News

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 ...
Read More
No Comments
Automobile News, Business News, Feature, National News

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...
Read More
No Comments
Automobile News, Business News, Feature, National News

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 ...
Read More
No Comments
Automobile News, Business News, Feature, National News

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...
Read More
No Comments
Automobile News, Business News, Feature, National News

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 ...
Read More
No Comments
Automobile News, Business News, Feature, National News

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...
Read More
No Comments
Automobile News, Business News, Feature, National News

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...
Read More
No Comments
Automobile News, Business News

Tata Motors Consolidated Q1 FY25 Results

Mumbai,August 01, 2024Tata 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) crsTata 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...
Read More
No Comments
Automobile News, Business News, Feature, National News

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

Mumbai, August 1, 2024In 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...
Read More
No Comments
Feature, National News

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...
Read More
No Comments
Automobile News, Business News, Feature, National News

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...
Read More
Tata Motors ‘Automotive Skill Labs’ initiative nurtures over 4000 students annually with future-ready automotive skills
No Comments
Automobile News, Feature, National News

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...
Read More
Tata Motors – India’s leading SUV manufacturer, celebrates a historic milestone of its SUV legacy
No Comments
Automobile News, Business News, Feature

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...
Read More
Tata Motors’ Holistic After-Sales Services Keep Rajasthan’s Trucks Moving
No Comments
Automobile News, Business News, Feature, National News

Tata Motors’ Holistic After-Sales Services Keep Rajasthan’s Trucks Moving

Jaipur, July 02, 2024. Tata Motors, India’s largest commercial vehicle manufacturer, has made significant strides in the Indian trucking industry by continuously strengthening its service ecosystem and playing a pivotal role in ensuring higher uptime of vehicles, a crucial element in meeting today's tight freight delivery timelines. Focused on offering a robust service network, range of value-added services, easy access to genuine spare parts, along with prioritizing driver well-being, the company consistently assures customers of an excellent ownership experience.Keeping a vehicle running smoothly with minimal downtime remains critical to the success of customers’ business. Recognizing this early on, Tata Motors has established an extensive service network across Rajasthan, w...
Read More
Tata Motors registered total sales of 229,891 units in Q1 FY25
No Comments
Automobile News, Business News, Feature, National News

Tata Motors registered total sales of 229,891 units in Q1 FY25

Mumbai, July 01, 2024.Tata Motors Limited sales in the domestic & international market forQ1FY 2024-25 stood at229,891vehicles, compared to 226,245 units during Q1FY 2023-24.Domestic Sales Performance:Category June’24June’23% ChangeQ1 FY25Q1 FY24% ChangeTotal Domestic Sales 74,14780,383-8%225,719222,3452%Commercial Vehicles:Category June’24June’23% ChangeQ1 FY25Q1 FY24% ChangeHCV Trucks  8,8919,625-8%24,69024,7690%ILMCV Trucks 4,9974,7236%13,79110,32134%Passenger Carriers  5,6544,81018%14,89310,74539%SCV cargo and pickup 11,08113,990-21%34,24136,390-6%Total CV Domestic 30,62333,148-8%87,61582,2257%CV IB 1,3571,16616%3,5943,5701%Total CV 31,98034,314-7%91,20985,7956%Domestic sales of MH&ICV in June 2...
Read More
Tata Motors launches Fleet Verse, a digital marketplace for its entire range of commercial vehicles
No Comments
Automobile News, Business News, Feature, National News

Tata Motors launches Fleet Verse, a digital marketplace for its entire range of commercial vehicles

Mumbai, 20th June 2024.Tata Motors, India’s largest commercial vehicles manufacturer, today announced the launch of Tata Motors Fleet Verse - a comprehensive and innovative digital marketplace for Tata Motors Commercial Vehicles. The platform offers features like new vehicle discovery, configuration, acquisition, financing, and is future-proofed to include a range of additional services and features, making Fleet Verse a one-stop digital destination for all commercial vehicle needs.Built on five key pillars, Fleet Verse is designed to consolidate all aspects of commercial vehicle ownership onto a single platform. The Smart Search Vehicle Discovery,enriched with advanced semantic search features allows users to explore Tata Motors’ full range of commercial vehiclesof 900+ models and...
Read More
Tata Motors Plants Over One Million Trees, Improves Green Cover of Maharashtra’s Tribal Interiors
No Comments
Feature, National News

Tata Motors Plants Over One Million Trees, Improves Green Cover of Maharashtra’s Tribal Interiors

Mumbai, 18th June, 2024.In the heart of Maharashtra’s tribal interiors, Tata Motors has embarked on a transformative mission—the One Million Plantation initiative. This ambitious project aims to sow saplings of hope for local communities in the Palghar district. To date 1.5 million fruit and forest saplings have taken root, covering 13,000 acres across eight blocks, breathing life into once-barren land.As part of the Integrated Village Development Programme (IVDP), Tata Motors’ initiative not only curbs distress migration but also generates income for local communities by providing sustainable income; leveraging MNREGs scheme for sapling aftercare, and later through the produce sales.So far, more than 1.5 Million Plantationhas benefitted 13,000 farmers in the region by transforming...
Read More
Magenta Mobility Deepens Collaboration with Tata Motors
No Comments
Automobile News, Business News, Feature, National News

Magenta Mobility Deepens Collaboration with Tata Motors

Mumbai, June, 2024.Magenta Mobility, an integrated electric mobility solutions provider, solidifies its partnership with Tata Motors, India's largest commercial vehicle manufacturer, with the deployment of over 100 units of Tata Ace EV which include over 60 units of Ace EV and over 40 units of the recently launched Ace EV 1000. This deployment is part of the MoU inked between the two entities in October 2023, which targeted 500 units of the revolutionary Tata Ace EV.Mr. Maxson Lewis, Founder & CEO of Magenta Mobility, expressed his excitement about the partnership, stating, "We are thrilled to deepen our collaboration with Tata Motors, furthering our commitment to delivering safe, smart, and sustainable mobility solutions across India. The deployment of 100+ Tata Ace EVs marks ...
Read More
Tata Motors launches Altroz Racer
No Comments
Automobile News, Business News, Feature, National News

Tata Motors launches Altroz Racer

Mumbai, June 07, 2024.Tata Motors, India’s leading automotive manufacturer, today announced the launch of the Altroz Racer - the sporty avatar of the company’s premium hatchback. The performance aspect in the Altroz goes several notches higher with the introduction of the 1.2 L Turbo petrol engine. Elevated with the race car inspired exterior and interior look coupled with a power of 120 Ps @ 5500 rpm and torque of 170 Nm @ 1750 to 4000 rpm, this sporty evolution of the Altrozpromises an experience of pure exhilaration with every drive.Replete with features, the Racer will be the top of line version of the Altroz with 360 degree camera, 26.03 cm infotainment touchscreen, ventilated seats and 6 airbags (standard in Racer). It is the only hatchback to offer a 6 speed manual gearbox t...
Read More
Tata Motors passenger vehicle sales in rural market grows 4 times in 5 years
No Comments
Automobile News, Business News, Feature, National News

Tata Motors passenger vehicle sales in rural market grows 4 times in 5 years

Jaipur, June  2024.Tata Motors, India's leading automobile manufacturer, sustained impressive sales performance in rural areas in FY24, which contributed to 40% of its overall passenger vehicle sales. The popularity of Tata Motors' New Forever range of cars and SUVs has risen among rural consumers, with 70% customer being first-time car buyers. With growing infrastructure, digital accessibility and purchasing power, the aspirations gap of rural and urban customers is reducing.Segmental shifts:Strong New Forever range of Tata cars and SUV offerings available in multi powertrain options (petrol, diesel, CNG and EVs) gives the customer the freedom of choice to choose from what best suits their needs.Tata SUV sales have grown from 35% to 70% in rural marketAlternate f...
Read More
Verified by MonsterInsights