Tata Motors

Tata, Ford slash prices across models

Tata, Ford slash prices across models Following footsteps of other car manufacturers, Tata Motors and Ford India also slashed prices across models.

Tata Motors on Friday slashed prices by Rs 6,300 to Rs 1.5 lakh across its range of vehicles. While prices for the passenger cars were slashed by Rs 6,300 to Rs 69,000 depending on the model, prices of commercial vehicles were dragged down by Rs 15,000 to Rs 150,000.

Tata Motors to improve small Indian cars safety after failed crash tests

Tata Motors to improve small Indian cars safety after failed crash testsMelaka (Malaysia), Feb. 4 : Tata Motors has assured to work on the safety of its cars after a range of small Indian cars, including theirs, failed a first ever independent crash tests, revealing high risk of serious injuries in road accidents.

A test conducted by GLOBAL NCAP, an independent U. K. based charity for consumer-orientated vehicle safety initiatives, showed disastrous results for some of the most popular running cars in India including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo.

Tata Motors unveils compact sedan Zest and hatchback Bolt

Tata-Zest-and-hatchback-BoltNew Delhi, Feb 3 : Automobile manufacturer Tata Motors Monday unveiled two new passenger car vehciles -- Zest compact sedan and premium hatchback Bolt.

"These cars have been engineered for global markets, through global teams across India, UK and Korea to set new standards in their respective segments,"said Ranjit Yadav, president, passenger vehicles, Tata Motors.

The company said the new vehicles would be launched in 2014 in India and subsequently in other countries. Both the vehicles are based on the company's X1 platform on which Vista and Manza models are built.

Karl Slym’s suicide note indicates domestic problems: police

Karl SlymTata Motors Managing Director Karl Slym most probably killed himself because of domestic discord, investigators probing the death of the executive said.

Fifty-one-year-old Slym died in Bangkok on Sunday after falling from the 22nd floor of the Shangri-La hotel in Bangkok, where he was staying with his wife. Before his death, he had attended a board meeting of the Indian auto giant's Thailand arm in the capital. Hotel staff found his body on the fourth floor which juts out above the hotel's lower floors.

Tata Motors MD Karl Slym might have committed suicide

Karl SlymInitial investigation into the death of Tata Motors' managing director Karl Slym has suggested that the executive might have committed suicide, Bangkok police said.

Slym, 51, died in Bangkok after a fall from the 22nd floor of the Shangri-La hotel in the capital of Thailand on Sunday. Prior to his death, he had attended a board meeting of Tata Motors' Thailand unit in the capital. He was staying with his wife in the hotel. His dead body was found on the fourth floor that juts out above lower floors of the hotel.

Tata Motors unveils new petrol engine

TaTa-REVOTRON-Petrol-EngineMumbai, Jan 20 : Automobile major Tata Motors Monday unveiled the next-generation of petrol engine-- 'REVOTRON' series for its future passenger vehicle range.

"With the launch of 'REVOTRON' 1.2 T, Tata Motors passenger vehicles business is making a strategic shift towards a more complete portfolio," said Ranjit Yadav, president, passenger vehicle business unit.

"This engine brand uses key technological advances to revolutionize and balance great driving manoeuvrability, without compromising on power or fuel efficiency."

Tata Motors December sales down 42 percent

Tata-MotorsMumbai, Jan 2 : Automobile major Tata Motors Thursday reported a decline of 42.28 percent on its total sales including exports in December 2013.

The automobile manufacturer managed to sell about 37,852 units last months from from an off-take of 65,582 units in the corresponding month of 2012.

The company's domestic sales including commercial and passenger vehicles in the month under review too decline. The off-take fell by 43.25 percent at 35,010 units from 61,700 units sales in December 2012.

Tata Hispano to cease production

Tata Hispano to cease productionNew Delhi, Sep 24 : Tata Motors Tuesday said it will cease production at its subsidiary Tata Hispano Motors Carrocera, based in Zaragoza, Spain, next month due to heavy losses incurred by the company.

According to Tata Motors, the Spanish subsidiary, which produces chassis for buses and coaches, has accumulated operating losses to over 60 million euros in the past five years.

"All market evaluations do not predict any positive change in the near future, with the growing accumulation of operating losses making the plant production unviable," Tata Motors said in a statement.

JLR to create 1,700 jobs in Solihull

JLR to create 1,700 jobs in SolihullJaguar Land Rover (JLR), a unit of India's Tata Motors, has indicated that it is planning to create 1,700 jobs at its plant in Solihull under an expansion plan that involves an investment of around £1.5 billion.

The investment will be made to develop new designing systems allowing the luxury car makers to make chassis of future models from aluminium. The first such car would be a mid-sized sports saloon car that will be launched in
2015. JLR chief executive Ralf Speth had first announced the plans at the Frankfurt Motor Show.

European economic slump forces Tata Motors to mull Spanish subsidiary’s future

European economic slump forces Tata Motors to mull Spanish subsidiary’s futureThe future of Tata Motors' Spanish bus-manufacturing subsidiary Hispano Carrocera is unclear as the euro zone country's challenging market conditions have forced the Indian automobile giant to mull various strategic options for the facility.

Cyrus Mistry, chairman of Tata Motors, on Wednesday told shareholders that the company was thinking over what to do with Hispano Carrocera. He said the drastic decline in demand in the European markets over the past few years had hit sales of vehicles very hard.

Tata Motors July global wholesales down 14 percent

Tata-MotorsMumbai, Aug 14 : Automobile giant Tata Motors Wednesday reported a 13.81 percent fall in its group global wholesales in July, which stood at 87,566 units from a sale of 101,605 units in the corresponding period of last year.

According to the company, luxury brand of the group Jaguar Land Rover (JLR) saw a 30.61 percent increase in sales in the month under review, which stood at 35,162 units from 26,921 units sold in July, 2012.

Tata Motors' first quarter net profit down 23.11 percent

Tata-MotorsNew Delhi, Aug 7 : Tata Motors Wednesday reported a decline of 23.11 percent in consolidated net profit for the first quarter of the current fiscal at Rs. 1,762 crore from Rs. Rs. 2,245 crore in the corresponding period of last fiscal.

The group's total income rose eight percent at Rs. 46,785 crore for the first quarter of the current fiscal from Rs. 43,324 crore for the quarter ended June 30, 2012.

Indian car industry showing signs of recovery

Indian car industry showing signs of recovery India's struggling car industry showed signs of recovery in July, with several major car makers reporting in sales.

Maruti Suzuki, the country's leading car manufacturer, enjoyed increases in sales of mini segment cars like Alto, M800, WagonR. The company's mini segment car sales increased 15.8 per cent year-on-year to 33,587 units. Sales of Dzire jumped 33.6 per cent to 15,249 units. Total domestic sales increased 5.8 per cent, from 71,024 units in July 2012 to 75,145 units in July 2013.

Tata Motors' July sale down 30 percent

Tata-MotorsMumbai, August 1 : Automobile giant Tata Motors Thursday reported a 29.96 percent fall in sales for July this year at 51,468 units from 73,491 units sold in the corresponding month of 2012.

In the domestic market, the company reported a 31.23 percent decline in sales of its commercial and passenger vehicles at 47,191 units from 68,627 units sold in July last year.

Segment-wise, the commercial vehicles sales in domestic market fell by 14.20 percent at 36,367 units from 42,387 units sold in July, 2012.

Hand-painted Nano sold for Rs.13 lakh

Hand-painted-NanoKochi, July 31: A hand-painted Tata Nano car was sold for over Rs. 13 lakh at an online auction here.

The Nano, painted by artist Bose Krishnamachari, fetched Rs. 13,01,402 ($22,438) at the Kochi-Muziris Biennale in a 24-hour online bidding organised by Saffronart at www. saffronart. com.

The online bidding ended 8.00 p. m. Tuesday, bringing down the curtains on the country's debut art car auction, said a statement from the Kochi Biennale Foundation (KBF).

A Nano costs around Rs. 1.20 lakh.

Hand-painted Nano set for auction

Hand-painted-NanoKochi, July 27 : A Tata Nano, hand-painted by artist Bose Krishnamachari at the Kochi-Muziris Biennale that was held here 12/12/12 to 13/3/13, will be auctioned online Monday, a statement said.

The 24-hour-long online bidding will begin on www. saffronart. com at 8 p. m. The minimum bid allowed is Rs. 100, said a statement from the Kochi Biennale Foundation (KBF).

The serene white car titled 'Maximum Nano' was turned into a canvas by the 50-year-old biennale co-curator at the 96-day art festival that showcased works of over 90 artists from India and abroad.

Tata Motors unveil eight new variants, adopt new marketing strategy

Tata-MotorsPune, June 19 : Tata Motors Wednesday unveiled eight new variants across its five passenger car brands under a new marketing strategy to arrest falling sales.

According to the company, the new product offerings are part of its new customer-focused strategy for its passenger vehicles termed as 'HORIZONEXT' which comes after the automobile major suffered falling sales in recent months.

The company's passenger cars sales in May fell by 15.5 percent from the sales in the corresponding month of 2012 and stood at 43,142 units.

Tata has launched Indica Vista D90 in Nepal

Tata has launches Indica Vista D90 in NepalIndian automotive giant, Tata Motors has announced the launch of tis Tata Indica Vista D90 model in the Nepalese market.

The model, which is a very successful model in the Indian market, was launched on May 20, 2013 in Kathmandu by Gurinder Singh, Country Manager for the Nepal and Bhutan Passenger Vehicles Business Unit, Tata Motors.

Tata motors record 14.8% fall in total sales in April

Tata motors record 14.8% fall in total sales in AprilIndia's largest automobile firm, Tata motors has recorded a disappointing 14.8 per cent fall in the number of vehicles sold during the month of April, 2013 compared to the same month of the previous year.

Overall, Tata motors sold 51,160 units in the month of April 2013 including exports to other countries compared to 72,715 units sold by the company in April, 2012. The company was able to sell just 8918 units in the month of April 2013, which is less than half of the 18,610 units sold in the same month of 2012.

Tata Motors delays plans for new plant in Thailand

Tata Motors delays plans for new plant in ThailandIndia's biggest car maker, Tata Motors has said that it has delayed plans to setup a new assembly plant with an investment of 10 billion baht aimed at serving the large ASEAN market because the sales have not been significant to support expansion.

Managing director Karl Slym said, "Our sales should amount to at least 20,000 units per year to be worth investment in the new assembly plant's construction." Mr. Slym leads Tata's operations in India and international markets including South Korea, Thailand, Spain, Indonesia and South Africa.

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