Tata Motors

XJ 2011 – the reason why Tata picked Jaguar?

XJ 2011 – the reason why Tata picked Jaguar? While the top officials at Tata Motors were busy finalizing their plans to pick up the Jaguar brand from ford Motor Company in the late 2007, it is believed that the sketches of the 2011 XJ is the one thing that may have triggered their decision.

In fact, Gary Temple, the President for the North American region for the Jaguar brand has recently said that as they had seen what we had coming to the market is most probably what made them (Tata) buy the company.

Deluxe Nano hitting the markets by 2012

Deluxe Nano hitting the markets by 2012While the Nano is primarily known as the world's cheapest car but as Tata motors has wafer thin margins on the same, the company is now planning to launch the deluxe version of the product that will not only have a bigger engine but will also look at offering various other modern features to the consumer.

It is to be mentioned here that the company displayed the product, tagged, Nano Europa at the Geneva Motor Show last year. It may be recalled here that the product also had features like ABS and air bags that will ensure a high safety quotient in the product.

Tata Motors looking at global economies

Tata Motors looking at global economies   There is no denying the fact that Tata’s and Mahindra’s are the names of the two Indian conglomerates that are a jewel in the domestic circuit.

However, perhaps the next leap of growth is expected from the global market and rightfully so, Tata Motors is now looking towards markets like Africa, Russia, China and the Middle-East to drive its growth.

JLR’s entry-level models to drive volumes

JLR’s entry-level models to drive volumes  While the Jaguar Land Rover (JLR), the luxury car brands owned by Tata Motors has been out of reach of many of the consumers because of the hefty price tags that they come with, but the company is now planning to come up with a slew of entry-level cars including a station wagon and a roadster to boost volumes across markets.

M&M mulls passenger vehicle variant

M&M mulls passenger vehicle variant  In a bid to take head on with Tata Motors in the LCV category M&M is planning to launch a passenger vehicle on the Maxximo platform over the next 12 months.

It is to be mentioned here that the company has already invested a huge sum of Rs. 300 crore at its Chakan unit for the same and the company plans to soon introduce the product in the Indian market which will take on the Tata Magic, a passenger vehicle made on the Ace Platform.

Tata Motors' sales up 32.28%

Tata Motors' sales up 32.28% India's second largest automaker in terms of sales, Tata Motors has seen a 32.28 per cent increase in its sales, during the month of August.

In unit terms the total was 65,938 units as compared to 49,810 units during the same month last year.

The biggest increase was seen in the passenger car segment

The homegrown firm's total passenger vehicles sales in the domestic market stood at 25,196 units in August against 17,364 units in the same month last year, a jump of 45.10 per cent, the company said in a statement.

Tata Motors Short Term Buy Call

Tata Motors Short Term Buy CallStock market analyst Sudhanshu Pandey has maintained 'buy' rating on Tata Motors Ltd stock to achieve a short term target of Rs 1050.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 980.

Today, the stock of the company opened at Rs 1015 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1055 and a low of Rs 430 on BSE.

Current EPS & P/E ratio stood at 51.12 and 19.85 respectively.

Tata to leverage from JLR tech expertise

Tata to leverage from JLR tech expertiseThere is no denying to the fact that Tata products are well-accepted by the Indian consumer but one can show its back to the fact that when it comes to the design elements, Tata has a lot of work to do.

In fact, the company has decided that it will leverage from the expertise of its global brands JLR. P. M. Telang, MD of Tata Motors India operations accepted the fact by saying that the company knows it has to do a lot of work in order to make its products more appealing and leveraging from the JLR tech expertise could be one of the options to look at.

Tata motors joins hands with IndusInd Bank

Tata motors joins hands with IndusInd Bank While the company has been struggling hard to make people believe that its Nano is absolutely safe for public use but the fact of the matter is, it hasn't stopped the country's largest auto major, Tata motors to work ahead with its growth plans.

For the uninitiated, the company has recently joined hands with IndusInd Bank to ensure that the consumer has a wide array of financing options at the time of the buying a product from the company.

ULC prototype to be ready by next year

ULC prototype to be ready by next year While Tata motors has opened up a new segment with the launch of the iconic Tata Nano in the Indian market but it is believed that the segment will soon be crowded with the products that are lined by the competition. In fact, the French auto major is confident of the fact that its partner, Bajaj Auto should be ready with the prototype of the model by next year.

Renault India Country General Manager Marc Nassif said that the company should be ready with the proto type of the model either by the end of this year or by early next year for the Indian consumer.

Tata Motors, Piaggio also in race for Scooters India

Scooters-IndiaIt has been a couple of days since the news of players like M&M and Atul Auto are looking to buy the ailing PSU Scooters India, but perhaps the other players in the three-wheelers segment, i. e. Tata motors and Piaggio are also very much interested in the deal.

No inferior quality buses supplied to Govt. – Tatas

No inferior quality buses supplied to Govt. – Tatas  While there have been a handful of incidents where several low-floor buses caught fire in the city, its manufacturer Tata Motors has refuted before the Delhi High Court the allegation that it supplied "sub-standard" vehicles to the city government.

In fact, the company said in its defence that the company has a reputation in the country and the company is by no means a flight-by-night company.

JLR to assemble Freelander2 from Chikhli

JLR to assemble Freelander2 from Chikhli  It has been learned from the sources that the Tata group firm Jaguar Land Rover is geared up to start assembly of sports utility vehicle Freelander2 from November this year at Chikhli facility in Maharashtra. It may be noted here that the plant was earlier used by Mercedes Benz but after Tatas notified the luxury car major about its future plans, the company manufactured a Greenfield facility at Chakan a few years back.

Long Term Buy Call For Tata Motors

Long Term Buy Call For Tata MotorsStock market analyst Avinash Gorakshakar of Anagram Capital has maintained 'hold' rating on Tata Motors Ltd stock with long-term target of Rs 1200-1250.

According to analyst, the investors can achieve the said target in 8-10 months period.

Today, the stock of the company opened at Rs 1035 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1055 and a low of Rs 430 on BSE.

Current EPS & P/E ratio stood at 51.12 and 19.89 respectively.

Tata Motors announces a rejig in top management

Tata Motors announces a rejig in top managementWith a view to get its cards right before its get all out in the global market, the largest home-grown auto major, Tata Motors has announced a rejig in the top management of the company.

It is to be mentioned here that according to the announcements made by the company, R Ramakrishnan, vice-president (sales & marketing) of commercial vehicle division, has stepped into the role of VP (commercial) passenger cars and will report to PM Telang, managing director of the company’s India operations.

Tata Motors' sales up 46% higher

Tata-MotorsIndian auto major, Tata Motors saw a 46 per cent increase in sales during the period of April-July, 2010 as compared to last year.

The company which has through its Nano given challenge to Hyundai and is now looking for its No. 2 position, has seen jump both on domestic as well as export front.

In real terms, the sales of Tata Motors was 339,824, higher than last year. The company exports brands like Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles. It has a well distributed network of passenger cars in Indian and is the official owner of Jaguar and Land Rover.

Nano to be readily available soon!

Tata-NanoThe days where a consumer has to wait for months to get his hands on the world's cheapest car, Tata Nano will no longer exist soon. In fact, after the company will be able to take the production at its new Sanand unit in full flow, it is believed that the product will be readily available in the Indian market rather than the long waiting period that it currently carries.

Tata takes FIAT more seriously

Tata-FIATAfter ensuring that the passenger car venture of Fiat is sailing on a smooth sea, it has been learned that Tata Motors is exploring synergies with Italian partner Fiat to expand its commercial vehicles business.

There is no denying the fact that the Mumbai-based auto major sees a very strong potential for the trucks business in the domestic and global market and is currently is trying to see how Fiat can help.

Tata Motors eying a plant for small trucks

Tata-MotorsOne cannot show its back to the fact that the commercial vehicle industry has surely made a prefect comeback in the Indian market after dealing with the slowdown blues.

In fact, as the sector is now up and high, the players are also working on the future plans with a very positive sentiment. As the largest home-grown auto major Tata Motors has recently announced that the company is looking at setting up a new plant in India to manufacture small trucks, there are other players as well who are coming with all guns blazing.

Tata Motors eyes CV biz in a big way

Ratan-TataRatan Tata-led Tata Motors has recently said that the company is planning to expand its operations in the CV business and the company will launch a couple of models in the Indian market in the coming times.

Tata Motors Group's Managing Director and CEO, Carl Peter Forster recently said that the company will launch a few more models in the Indian market by the year-end.

While the move comes in the wake of a rising demand for trucks and automobiles in the domestic market, Forster also mentioned the fact that the upcoming models will be from the Jaguar brand in the domestic circuit.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content