Tata Motors Finance, the vehicle financing company owned by Tata Motors, will transfer its new vehicle finance business to Sheba Properties, to its fully owned subsidiary.
Tata Motors-owned Jaguar will shift production of Jaguar XE to its Castle Bromwich Assembly Plant (pictured) in the United Kingdom (UK), where it is investing £100 million (Rs 890 crore).
Tata Motors is betting on higher demand for tippers to offset lower demand for cargo vehicles and expects commercial vehicles sales to grow 10-15 per cent in FY17 despite falling sales in last three months.
Tata Motors' management and the registered employee union have been unable to agree over two months over a new wage agreement, its tenure, payment of dearness allowance (DA) and retirement age.
The National Green Tribunal (NGT) on Wednesday has allowed Tata Motors and other automakers (and automotive societies) to file applications on September 27 seeking clarifications on previous orders of the tribunal regarding the scrapping of diesel
Tata Motors has bagged orders worth Rs 900 crore for over 5,000 buses from various state and city transport undertakings in the first five months of the financial year. The numbers mark a sharp 80% jump in order book over last year.
Tata Motors’ latest annual report said during FY15, it made a provision for carrying capital cost of buildings at Singur, which amounted to Rs 309.9 crore.
Shares of automobiles companies including auto ancillaries and tyre firms are on a roll with the Nifty Auto index and S&P BSE Auto index hitting their respective new highs on the bourses amid robust sales in August.
The commercial vehicle industry, an unintended victim of the 2,000cc diesel vehicle ban in the national capital region (NCR), remain a victim while the car makers (for whom the order was meant) have started sales after agreeing to pay one per cent cess.
A procession of around 100 people, mostly women and children with their foreheads smeared with green gulal, proceeds through the narrow alleys of Beraberi in Singur with a placard of Mamata Banerjee and the sound of conch shells fills the air.
Tata Motors' stock remained largely unaffected on Wednesday after the Supreme Court quashed the acquisition of land made in 2006 by the West Bengal government for the company's Nano car project.
The Supreme Court could bring the curtains down on the Singur case today, five years after the West Bengal government filed an appeal against a Calcutta High Court order striking down the Singur Land Act - unless it is moved to a Constitution Bench as
The new Jaguar F-Pace launched by Tata Motors-owned Jaguar Land Rover (JLR) last year has set a record as the fastest selling car in the company's history.
Despite a 57 per cent drop in net profit, the Tata Motors stock rallied nearly five per cent in intra-day trading on Monday at the BSE exchange, boosted by a bullish outlook on the Mumbai-based company.
Tata Motors has moved higher to its 52-week high of Rs 523, up 4% on the BSE in early morning trade on Monday, on expectations of continued robust volume growth going forward.
