Tag: Tata Motors

New Delhi, November 2023.Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2023.  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. PYQ2 FY24Revenue105,12832.1 %6,85730.4 %20,08722.3%   12,174(3.0)%   EBITDA (%)13.7400 bps14.9430 bps10.4540 bps6.5110 bpsEBIT (%)7.5510 bps7.3630 bps7.9 560 bps1.8140 bpsPBT (bei)6,110₹7,883 crs442£615m1,526₹1,234 crs296₹129 crsH1 FY24Revenue207,36436.8 %13,76042.4 %37,07813.4%   25,0133.8%   EBITDA (%)14.0540 bps15.6680 bps10.0480 bps5.910 bpsEBIT (%)7.8680 bps8.0950 bps7.2460 bps1.480 bpsPBT (bei)11,439₹18,175 crs877£1,574m2,462₹1,869 c...

Pune, October 2023.Tata Motors, India’s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions.The unveilings constitute of engine test cell for development of Hydrogen Internal Combustion Engine and the necessary infrastructure for storage and dispensing of Hydrogen fuel for the Fuel Cell and H2ICE vehicles.These facilities are yet another step forward from the company towards carbon neutrality, while tapping the strong potential of Hydrogen as a clean energy source.Speaking on the occasion, Mr. Girish Wagh, Executive Director, Tata Motors, said, “Tata Motors has been leading the global megatrend of sustainable, connected and safer mobility in India. We believe Hydrogen to be...

Tata Motors, India’s leading automotive manufacturer, today announced the commencement of bookings for the highly anticipated new Harrier and Safari models. Following the exceptional success of their predecessors, the new Harrier and Safari are poised to redefine the driving experience by integrating cutting-edge technology, unmatched safety features, and a design ethos that exemplifies Tata Motors’ dedication to innovation and excellence. Starting today, customers can book their choice of the twin SUV at all the authorized Tata Motors dealerships or the company’s website at just INR 25,000.Commenting on this occasion, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility said, “We are elated to commence the bookings...

Mumbai, October 02, 2023.Tata Motors Limited sales in the domestic & international market for Q2 FY 2023-24 stood at 2,43,024 vehicles, compared to 2,43,387 units during Q2 FY 2022-23.Domestic Sales Performance:CategorySep'23Sep'22%ChangeQ2 FY24Q2 FY23% ChangeTotal Domestic Sales82,02380,6332%2,37,1282,36,0900%Commercial Vehicles:CategorySep'23Sep'22%ChangeQ2FY24Q2 FY23% ChangeHCV Trucks12,8678,88945%30,36924,22725%ILMCV Trucks6,3776,2382%16,48316,730-1%Passenger Carriers3,3442,28746%10,6228,04032%SCV cargo and pickup14,62615,565-6%41,70444,768-7%Total CV Domestic37,21432,97913%99,17893,7656%CV IB1,8501,911-3%4,9076,771-28%Total CV39,06434,89012%1,04,0851,00,5364%MH&ICV including trucks and buses: Domestic sales of MH&ICV in Sep 2023, was 18,577 units vs...

New Delhi, 25 September 2023.Tata Motors, India’s largest commercial vehicle manufacturer, today made a giant leap forward in its commitment to move India forward with smarter and greener mobility solutions by delivering first-of-its-kind Hydrogen Fuel Cell powered (FCEV) buses to Indian Oil Corporation Ltd. (IOCL), the country’s largest petroleum company. Heralding a new era of fully decarbonised transport, two buses were flagged-off by Shri Hardeep Singh Puri, Hon'ble Union Minister for Petroleum & Natural Gas and Housing & Urban Affairs, Shri RameswarTeli, Union Minister of State for Petroleum & Natural Gas and Labour& Employment, Shri Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas, Shri S M Vaidya, Chairman, IOCL, Dr. UmishSrivastva, Executive Direc...

Surat, September, 2023.Tata Motors, India’s leading automobile manufacturer, continues its commitment to sustainable mobility with the launch of its third Registered Vehicle Scrapping Facility (RVSF), in Surat, Gujarat. Named ‘Re.Wi.Re – Recycle with Respect’, this advanced facility was inaugurated by Mr. PB Balaji, Group Chief Financial Officer, Tata Motors. The state-of-the-art facility uses environmentally friendly processes and has the capacity to disassemble 15,000 end-of-life vehicles safely and sustainably each year. The RVSF is developed and operated by Tata Motors’ partner Shree Ambica Auto to scrap end-of-life passenger and commercial vehicles of all brands. This launch follows the success of the two facilities; in Jaipur and Bhubaneshwar, and marks another significant milest...

Kathmandu, 22 September, 2023.Tata Motors, one of the world’s leading commercial vehicle manufacturers, today took a significant leap forward in promoting sustainable mobility with the launch of the new, revolutionary Ace EV in Nepal, with its sole authorised distributor, Sipradi Trading Pvt. Ltd. The new Ace EV, an advanced, zero-emission, four-wheel small commercial vehicle (SCV), is a green and smart transport solution ready to serve a wide variety of intra-city applications. The launch of Ace EV in Nepal marks its debut in the global market and promises to redefine eco-friendly transportation. The first fleet of the revolutionary Ace EV was delivered to its customers in Kathmandu. The electric version of the ever-popular Ace is an eco-friendly mobility solution for environmentally ...

Mumbai, September, 2023.Tata Motors, India’s largest commercial vehicle manufacturer, has announced that it will increase prices of its vehicles, effective 1 October 2023, up to 3%. The price increase is to offset the residual impact of the past input costs, and will be applicable across the entire range of commercial vehicles.

Mumbai, September 14, 2023.Tata Motors, India’s leading automotive manufacturer, today announced the launch of the all-new Nexon, India’s bestselling SUV.An embodiment of versatility, aspiration, and innovation, the new gen Nexon offers comprehensive upgrade across all vehicle attributes and marks a significant progressive uplift in the compact SUV market. Described as an action and an emotion, the Nexon finds its true inspiration in people who think, want to stay ahead of curve and are willing to go the extra mile. The new Nexon finds multi-generation appeal across the country with its digital inspired design, segment-leading safety, contemporary technology and best-in class performance. Available in four craft fully curated personas – Fearless, Creative, Pure and Smart, and in petrol...

New Delhi, September 2023.Tata Passenger Electric Mobility, a subsidiary of Tata Motors and the pioneer of India’s EV revolution, today launched the all-newNexon.ev. A trail blazer by legacy, this latest avatar of India’s bestselling EV marks a significant leap forward for the entire Indian auto industry. A bold digital design language; a futuristic, tech-inspired drive experience; and introduction of several intuitive and innovative features, easily accessible via gadgets; hallmarks the new Nexon.ev as a real game changer. Built on the Tata.ev brand values of Sustainability, Community and Technology, the Nexon.ev is available in three distinct personas– Empowered, Fearless and Creative, representing the personalities and lifestyles of its audience. Available froman introductory starti...

Mumbai, September 2023.Tata Motors, India’s largest commercial vehicle manufacturer, announced the launch of ‘Truck Utsav’ – a unique customer engagement initiative. Truck Utsav is aimed at raising awareness of its latest vehicles and mobility solutions, showcasing innovative and technologically-advanced trucks with unique value-added services. Tata Motors also unveils the all-new LPT 1916 – a class-leading addition, engineered to set new benchmarks in customer profitability. Through Truck Utsav, customers will benefit through Tata Motors advanced mobility solutions, tailored to their specific needs, and also offer an opportunity to engage with financing partners for easy and convenient vehicle financing. Truck Utsav will be held in Delhi, Faridabad, Gurugram, Bengaluru, Jaipur and Che...