Tag: Tata Motors

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...

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...

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...

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 ...

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...

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...

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...

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...

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 ...

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...

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...

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.

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 ...