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Tag: Tata Motors

Tata Motors registered total sales of 76,766 units in May 2024
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Tata Motors registered total sales of 76,766 units in May 2024

Mumbai, June 01, 2024.Tata Motors Limited sales in the domestic & international market for May 2024 stood at 76,766 vehicles, compared to 74,973 units during May 2023.Domestic Sales Performance:CategoryMay 2024May 2023% change (Y-o-Y)Total Domestic Sales75,17373,4482%Commercial Vehicles:CategoryMay 2024May 2023Growth (Y-o-Y)HCV Trucks7,9248,160-3%ILMCV Trucks4,4783,45030%Passenger Carriers4,7373,87422%SCV cargo and pickup11,33712,086-6%CV Domestic28,47627,5703%CV IB1,2151,419-14%Total CV29,69128,9892%Domestic sale of MH&ICV in May2024, including trucks and buses, stood at 12,987 units, compared to11,776 units in May 2023.Total sales for MH&ICV Domestic & International Business in May 2024, including trucks and buses, stood at 13,532 units com...
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Tata Motors Consolidated Q4 FY24 Results
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Tata Motors Consolidated Q4 FY24 Results

Mumbai, May 10, 2024.Tata Motors Ltd.(TML) announced its results forquarterendedMarch31, 2024.Q4FY24 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. PYRevenue119,98613.3 %7,86010.7 %21,5901.6 %14,43119.3 %EBITDA (%)14.9160 bps16.3150 bps 12.0190 bps 7.3- bpsEBIT (%)9.1230 bps9.2270 bps 9.6100 bps 2.9150 bpsPBT (bei)9,457₹4,367 Cr661£ 293 mn1,984₹280 Cr 533₹299 CrPAT17,529₹12,033 Cr1,391£ 1,132 mn2,022₹326 Cr394₹252 Cr FY24Revenue437,92826.6%28,99527.1 %78,79011.3 %52,3539.4 %EBITDA (%)14.3360 bps15.9430 bps 10.8340 bps 6.510 bpsEBIT (%)8.3470 bps8.5610 bps 8.2300 bps 2.0100 bpsPBT (bei)28,932₹27,129...
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Tata Motors enhances its electric last-mile mobility offering; launches the all-new Tata Ace EV 1000
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Tata Motors enhances its electric last-mile mobility offering; launches the all-new Tata Ace EV 1000

Mumbai, 9thMay, 2024.Tata Motors, India’s largest commercial vehicle manufacturer, today strengthened its e-cargo mobility solutions with the launch of the all-new Ace EV 1000. Developed to revolutionise last-mile mobility, this zero-emission mini-truck offers higher rated payload of 1 tonne and a certified range of 161km on a single charge. The Ace EV is developed with rich inputs from its customers and the new variant will address evolving needs from various sectors like FMCG, beverages, paints & lubricants, LPG & dairy.Supported by over 150 Electric Vehicle Support Centres across the country, the Ace EV is equipped with an advanced battery management system, Fleet Edge telematics system and robust aggregates for best-in-class uptime. The Ace EV leverages the immense capa...
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Tata Motors celebrates 9,00,000th vehicle rollout from its Lucknow facility
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Tata Motors celebrates 9,00,000th vehicle rollout from its Lucknow facility

Lucknow, 07 May, 2024.Tata Motors, India’s largest commercial vehicle manufacturer, announced a significant milestone of its 9,00,000th vehicle rollout from its state-of-the-art Lucknow facility. The celebration included a flag-off ceremony in the presence of Mr. Durga Shanker Mishra, Chief Secretary, Government of Uttar Pradesh, and senior delegates from Tata Motors, at the facility.Spread across 600 acres, the Lucknow facility stands as a testament to Tata Motors' commitment to sustainable manufacturing practices, with it being recognized as a water-positive plant by the Confederation of Indian Industry (CII). The facility houses a 6MW solar power plant, significantly reducing its carbon footprint. The facility augments ultra-modern vehicle manufacturing stations such as robotic ...
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Tata Motors registered total sales of 77,521 units in April 2024
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Tata Motors registered total sales of 77,521 units in April 2024

Mumbai, May 01, 2024.Tata Motors Limited sales in the domestic & international market for April 2024 stood at 77,521 vehicles, compared to 69,599 units during April 2023.Domestic Sales Performance:CategoryApril 2024April 2023% change (Y-o-Y)Total Domestic Sales76,39968,51412%Commercial Vehicles:CategoryApril 2024April 2023Growth (Y-o-Y)HCV Trucks7,8756,98413%ILMCV Trucks4,3162,148101%Passenger Carriers4,5022,061118%SCV cargo and pickup11,82310,31415%CV Domestic28,51621,50733%CV IB1,0229,854%Total CV29,53822,49231%Domestic sale of MH&ICV in April2024, including trucks and buses, stood at 12,722 units, compared to 8,985 units in April 2023.Total sales for MH&ICV Domestic & International Business in April 2024, including trucks and buses, stood ...
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Tata Motors signs MoU with South Indian Bank for seamless commercial vehicle financing
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Tata Motors signs MoU with South Indian Bank for seamless commercial vehicle financing

Mumbai, 29thApril 2024.Tata Motors, India's largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with South Indian Bank to offer convenient financing solutions to its commercial vehicle customers and dealerships. South Indian Bank will offer financing across the entire commercial vehicle portfolio, and customers will benefit from the bank's wide network and specially curated easy repayment plans. The alliance represents a significant stride towards providing enhanced support to dealerships, fostering growth, minimising collateral requirements, lowering rate of interest and streamlining credit processing.Speaking on the development, Mr. P R Seshadri, MD & CEO, South Indian Bank, "At South Indian Bank, we are dedicated to fostering a secure, agi...
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Tata Motors inaugurates new commercial vehicle spare parts warehouse in Guwahati
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Tata Motors inaugurates new commercial vehicle spare parts warehouse in Guwahati

Guwahati 26 April 2024.Tata Motors, India’s largest commercial vehicle manufacturer, today announced the inauguration of a new commercial vehicle spare parts warehouse in Guwahati. The state-of-the-art facility is fully digitalised and spans across 1 lakh square feet, stocking spare parts for the entire commercial vehicle portfolio. The addition of the new facility will enable the company faster turnaround times and easier availability of spares at Tata Authorised Service Stations in the North East. Equipped with world-class infrastructure and safety measures, the facility will unlock greater customer value proposition through digitalised warehouse processes. Tata Motors has partnered with Delhivery, India's largest fully integrated logistics services provider, to leverage its...
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Tata Motors Accelerates Innovation: Record 222 Patents Filed and 333 Grants Secured in FY24
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Tata Motors Accelerates Innovation: Record 222 Patents Filed and 333 Grants Secured in FY24

Jaipur, April 25, 2024. Tata Motors, India’s leading automobile company, has yet again achieved a significant milestonetowards intellectual property rights(IPR) creation with a record-breaking number of 222 Patents and 117 Designs applications filed during the year FY24, highest in its history. These filings span across a wide spectrum of product and process innovations, addressing key automotive megatrends such as Connectivity, Electrification, Sustainability, and Safety (CESS). They also cover various vehicle systems such as powertrain, body & trim, suspension, brakes, HVAC, and emission control.Tata Motorsalso received its highest ever grant of 333 patents during the same period, taking its total tally of granted patents to over 850.Tata Motors’ strong commitment to eng...
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Tata Motors celebrates 4 lakh happy customers of the Magic; introduces first-in-its-segment, Magic Bi-Fuel
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Tata Motors celebrates 4 lakh happy customers of the Magic; introduces first-in-its-segment, Magic Bi-Fuel

Mumbai, 22 April 2024. Tata Motors, India’s largest commercial vehicle manufacturer, celebrates the remarkable milestone of 4 lakh happy customers of the Tata Magic – India’s most preferred van. On the momentous occasion, the company has introduced a new variant, the Magic Bi-Fuel, to further increase the convenience of its customers. Renowned for its reliability, efficiency and affordability in the last-mile transportation, the 10-seater Tata Magic has been the ideal choice of commuters and operators. The sleek design, safety and passenger comfort of the Tata Magic have been pivotal to its continued successes over the years.The Tata Magic comes equipped with an array of value-added features such as an Eco switch, gearshift advisor and enhanced driver ergonomics, all aimed at ...
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Tata Motors registered total sales of 2, 65,090 units in Q4FY24
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Tata Motors registered total sales of 2, 65,090 units in Q4FY24

Mumbai, April 01, 2024.Tata Motors Limited sales in the domestic & international market forQ4FY 2023-24 stood at 2,65,090 vehicles, compared to 2,51,822 units during Q4FY 2022-23.Domestic Sales Performance:Category March’24March’23% ChangeQ4 FY24Q4 FY23% ChangeFY24FY23% ChangeTotal Domestic Sales 90,82289,3512%2,59,9322,47,0385%9,49,0159,31,9572%Commercial Vehicles:Category March’24March’23% ChangeQ4 FY24Q4 FY23% ChangeFY24FY23% ChangeHCV Trucks  12,71014,206-11%31,70736,068-12%1,16,5011,10,7465%ILMCV Trucks 6,7818,327-19%16,60718,508-10%58,82266,328-11%Passenger Carriers  5,8543,97347%14,41810,45638%43,48934,62726%SCV cargo and pickup 15,36718,801-18%42,19047,113-10%1,59,2481,81,616-12%Total CV Domestic 40,71245,307...
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ICAR signs MoU with Dhanuka Agritech Ltd to strengthen the research and extension activities including demonstrations and trainings for farmers and other relevant stakeholders
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ICAR signs MoU with Dhanuka Agritech Ltd to strengthen the research and extension activities including demonstrations and trainings for farmers and other relevant stakeholders

New Delhi, March 2024.The Indian Council of Agricultural Research (ICAR) and Dhanuka Agritech Ltd entered a Memorandum of Understanding (MoU) forging  partnership by leveraging the resources ICAR and Dhanuka Agritech Limited to strengthen the research and extension activities. The partnership is envisaged to bring a paradigm shift in agricultural sector by promoting the spread of scientific and technological information,knowledge, know how of the new technologies that are developed by industries and ICAR institutes to disseminate them effectively to large number of farmers by making them available with various institutes and other stakeholders  through frontline demonstrations and farmers training.The MoU to formalise the partnership was signed by Dr. R.G. Agarwal, Chairm...
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Tata Motors Celebrates 1 Millionth Car Roll-Out from its Sanand Facility
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Tata Motors Celebrates 1 Millionth Car Roll-Out from its Sanand Facility

Sanand, March 08, 2024.Tata Motors, India's leading automotive manufacturer, is proud to announce a significant milestone in its manufacturing history of rolling out the 1 millionth car from itsstate-of-the-art facility in Sanand, Gujarat. This landmark achievement emphasizes Tata Motors’ commitment to continuously innovate,for delivering superior products that elevate consumer delight. It also reflects the hard work and dedication of the team at the Sanand facility, who have played a crucial role in achieving this milestone.The Sanand plant was established in 2010 spread across 1100 acres – 741 acres (TML) and 359 acres (Vendor Park) with over 6000 direct and indirect employees, has been instrumental in Tata Motors’ growth and success.Being one of the youngest plant of Tata Motors...
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Tata Motors announces price increase of its commercial vehicles from April 2024
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Tata Motors announces price increase of its commercial vehicles from April 2024

Mumbai, March, 2024.Tata Motors, India’s largest commercial vehicle manufacturer, announced that it will increase the price of its commercial vehicles effective 1stApril 2024, up to 2%. The price increase is to offset the residual impact of the past input costs.While the price increase will vary as per individual model and variant, it will be applicable across the entire range of commercial vehicles.
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Tata Motors to demerge its businesses into two separate listed companies
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Tata Motors to demerge its businesses into two separate listed companies

Mumbai, March 04, 2024.The Board of Directors of Tata Motors Limited (TML), at its meeting today, has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing A) the Commercial Vehicles business and its related investments in one entity and B) the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of TML shall continue to have the identical shareholding in both the listed entities.Over the past few years, the Commercial Vehicles (CV), Passenger Vehicles (PV+EV), and Jaguar Land Rover (JLR) businesses of Tata Motors have delivered a strong performance by successfully implementing distinct strategies. Since ...
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Tata Motors’ flagship #DARK series now available in its new SUVs
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Tata Motors’ flagship #DARK series now available in its new SUVs

Mumbai, March 04, 2024.Tata Motors, India’s leading automobile manufacturer, standing true to its commitment of New Forever, today unveiled India’s #1 selling SUV brand – the Nexon in the iconic #DARK avatar for both its ICE and EV offerings.Adding to this successful range, the Company also launched their premium SUVs – The new Safari and the new Harrier in their #DARK versions.Available at a starting price of ₹ 11.45 Lakhfor the new Nexon, the #DARK range has been a trend setter in the industry, exuding opulence and luxury since its launch.Price table for the #DARK Range:ProductPrice starts atNew Nexon#DARK₹ 11.45 Lakh (Ex Showroom, Delhi)New Nexon.ev#DARK₹ 19.49 Lakh (Ex Showroom, All India)New Harrier#DARK₹19.99 Lakh (Ex Showroom, Delhi)New Safari #DARK₹20.69 Lakh (Ex Showro...
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Tata Motors registered total sales of 86,406 units in February 2024
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Tata Motors registered total sales of 86,406 units in February 2024

Mumbai, March 2024.Tata Motors Limited sales in the domestic & international market for February 2024 stood at 86,406 vehicles, compared to 79,705 units during February 2023.Domestic Sales Performance:CategoryFebruary 2024February 2023% change (Y-o-Y)Total Domestic Sales84,83478,0069%Commercial Vehicles:CategoryFebruary 2024February 2023Growth (Y-o-Y)HCV Trucks10,09111,868-15%ILMCV Trucks5,0835,426-6%Passenger Carriers4,6923,63229%SCV cargo and pickup13,70114,218-4%CV Domestic33,56735,144-4%CV IB1,5181,4217%Total CV35,08536,565-4%Domestic sale of MH&ICV in February2024, including trucks and buses, stood at 16,227units, compared to 17,282units in February 2023.Total sales for MH&ICV Domestic & International Business in February 2024, including...
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Tata Motors flags-off its next-gen, eco-friendly fleet of commercial vehicles to Tata Steel
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Tata Motors flags-off its next-gen, eco-friendly fleet of commercial vehicles to Tata Steel

Jamshedpur, 03 March 2024.Tata Motors, India’s largest commercial vehicle manufacturer, today flagged off its next-generation, green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and the Ultra EV bus, powered by Liquefied Natural Gas (LNG) and battery electric technologies. The vehicles were flagged off by Tata Son’s Chairman, Mr. N Chandrasekaran, as part of the Tata Group’s Founder’s Day celebrations in Jamshedpur. Present at the ceremony were Mr. T V Narendran, CEO & Managing Director, Tata Steel and Mr. Girish Wagh, Executive Director, Tata Motors, along with senior members of their leadership teams.Speaking about the long-standing partnership with Tata Motors, T. V. Narendran, Chief Executive Officer & Managing Director, Tat...
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A silent ‘White Revolution’ led by Tata Motors’ transforms lives in Gujarat
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A silent ‘White Revolution’ led by Tata Motors’ transforms lives in Gujarat

New Delhi, 27th February 2024.In a remarkable collaboration, Tata Motors, the Ahmedabad District Co-operative Milk Producers Union Limited and the Gujarat Dairy Development Board, have ignited a new ‘White Revolution’ in and around Sanand.The initiative has catalysed a socio economic transformation for the beneficiaries, enriching their lives with improved access to education and healthcare facilities, and elevating their status within the community. By leveraging technology and cooperatives, more than 1600 women from the distant regions of Sanand have brought about a remarkable change in the social and economic conditions of rural Gujarat.India, the world’s largest milk producer, has a low per capita yield. Dairy farming, traditionally led by women from the Bharwar and Koli Patel ...
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Tata Motors launches its Ultra range of new-generation, smart trucks in South Africa
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Tata Motors launches its Ultra range of new-generation, smart trucks in South Africa

Johannesburg, 16th February, 2024.Tata Motors, India’s leading multinational automobile manufacturer, today along with its authorised distributor, Tata Africa Holdings Limited, announced the commercial launch of its successful range of multipurpose heavy-duty trucks – Ultra T.9 and Ultra T.14, in South Africa. Designed to fulfil the rising need for safer, smarter and greener cargo mobility, the Ultra is perfectly suited for a wide variety of conventional and specialist logistics applications including bakery, FMCG, white goods, agriculture and construction. The Ultra range is engineered to deliver high productivity with best-in-class power & torque and fuel efficiency with lower total cost of ownership (TCO).The robustly built Ultra features a walk-through cabin, power steering...
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New Nexon continues legacy of Safety – Scores 5-stars in GNCAP rating
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New Nexon continues legacy of Safety – Scores 5-stars in GNCAP rating

Mumbai, February 14, 2024.Tata Motors, India’s leading automobile manufacturer, today announced that the all-new Nexon (ICE), India’s bestselling SUV, has become the latest recipient of the 5-star rating (32.22/34 points) for adult occupant protection and 5-star rating (44.52/49 points) for child occupant protection from Global NCAP, the foremost global car assessment programme. This achievement underscores Tata Motors' steadfast dedication to safety, as all of its new SUV models have now earned a 5-star rating from Global NCAP.Commenting on this milestone, Mr. Mohan Savarkar, Chief Product Officer at Tata Motors Passenger Vehicles, said, "Safety is ingrained in our DNA, and we are proud to earn the prestigious 5-star rating from Global NCAP for the new Nexon as per the enhanc...
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Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions
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Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions

Mumbai, 12th February, 2024.Tata Motors, India's largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bandhan Bank, one of India’s fastest-growing private sector banks, to offer convenient financing solutions to its commercial vehicle customers. Under this collaboration, Bandhan Bank will offer financing across the entire commercial vehicle portfolio and customers will benefit from the bank’s wide network and specially curated easy repayment plans.Commenting on this partnership, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors, said, "We are delighted to announce our partnership with Bandhan Bank through this MoU, which represents a major milestone in our commitment to providing seamless financing solutions ...
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Tata Motors creates another Industry 1st Launches Tiago and Tigor iCNG AMT – India’s 1st AMT CNG Cars
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Tata Motors creates another Industry 1st Launches Tiago and Tigor iCNG AMT – India’s 1st AMT CNG Cars

Mumbai, February  2024.ata Motors, India’s leading automotive manufacturer, today announced the launch of the Tiago and Tigor iCNG AMT - India’s 1st AMT CNG Cars. With an impressive mileage of 28.06 Km/kg, the cars will be available at a starting price of ₹7.89 lakhs for the Tiago iCNG and₹8.84 lakhs for the Tigor iCNG (Ex-showroom, Delhi).Adding to the current color palate, the company will be introducing an interesting new Tornado Blue in the Tiago, Grassland Beige in Tiago NRG and a Meteor Bronze in the Tigor. Variant wise price range below:ProductVariants in CNGPrice in ₹(Ex-showroom, Delhi)Tiago iCNG AMTXTA7,89,900XZA+8,79,900XZA+ DT8,89,900XZA NRG8,79,900ProductVariants in CNGPrice in ₹(Ex-showroom, Delhi)Tigor iCNG AMTXZA8,84,900XZA+9,54...
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Young Indians will build “Aaj Ka Bharat” and “Naya Bharat
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Young Indians will build “Aaj Ka Bharat” and “Naya Bharat

New Delhi, February 7, 2024.With a vision to strengthen the growing logistics sector with skilled manpower, Shri Rajeev Chandrasekhar, Hon’ble MoS for E&IT, Skill Development & Entrepreneurship and Jal Shakti felicitated 11 candidates from the first batch of a project under the SANKALP Programme, implemented in the Medinipur district, West Bengal. Logistics Sector Skill Council (LSC), the implementation partner of the project will train 960 candidates, within a year, in job roles like Warehouse Manager, Warehouse Supervisor and Warehouse Associate with placement opportunities within the region and beyond upon the completion and the certification.West Bengal is a key human resource hub in India, with the state being the fourth most populous and second most densely populated ...
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