Tag: Tata Motors

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 ...

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...

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...

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...

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...

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 ...

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...

Mumbai, February 01, 2024.Tata Motors Limited sales in the domestic & international market for January 2024 stood at 86,125 vehicles, compared to 81,069 units during January 2023.Domestic Sales Performance:CategoryJanuary 2024January 2023% change (Y-o-Y)Total Domestic Sales84,27679,6816%Commercial Vehicles:CategoryJanuary 2024January 2023Growth (Y-o-Y)HCV Trucks8,9069,994-11%ILMCV Trucks4,7434,7550%Passenger Carriers3,8722,85136%SCV cargo and pickup13,12214,094-7%CV Domestic30,64331,694-3%CV IB1,4491,08633%Total CV32,09232,780-2%Domestic sale of MH&ICV in January 2024, including trucks and buses, stood at 14,440units, compared to 14,716units in January 2023.Total sales for MH&ICV Domestic & International Business in January 2024, including tr...

Mumbai, January, 2024.Tata Motors, India’s largest commercial vehicle manufacturer, today introduced its technologically-advanced engine, Turbotronn 2.0, to deliver a new benchmark of excellence in trucking. Highly fuel efficient and reliable, this indigenously-developed, versatile engine will power Tata trucks in 19-42tonne range for multiple applications across categories. Perfectly suited for rapidly growing e-commerce, logistics, parcel and courier segments, the Turbotronn 2.0 engine is designed to address specific needs expressed by customers, offers enhanced driving experience and is engineered to deliver robust performancewith inherent benefits of lowering Total Cost of Ownership (TCO). It has been rigorously tested for over 30 lakh km and 70,000 cumulative hours across diverse ...

Mumbai, January 24, 2024.Tata Motors, India’s leading automotive manufacturer, has revolutionized the CNG segment in the country by introducing AMT in its CNG cars—a first in the industry. The company today opened bookings for Tiago and Tigor iCNG AMT. By incorporating Twin Cylinder CNG technology to free up the much-needed boot space in CNG cars, Tata Motors is pioneering a new trend with the introduction of automatic transmission in CNG vehicles.This is a great offering for consumers as these cars will offer superior economy of CNG, convenience of automatic, safety assurance of being built on proven architecture and top of line comfort and convenience features. Customers can now book the preferred car of their choice by vising the irnearest Tata Motors authorized dealership or on...