Tata Motors News

Mumbai/Kolkata, May 15 : Tata Motors Group on Wednesday reported global wholesales for commercial vehicles in Apr 2013, at 6 percent higher over Apr 2012 and including Jaguar Land Rover, as 15 percent higher over Apr 2012.

The company through its subsidiaries, affiliates and joint ventures provide engineering and automotive solutions, automotive vehicle components manufacturing and supply chain activities as well as finance services.

Tata Motors is developing a new compact car which is currently codenamed X0. The company is contemplating on utilising the currently under-utilised facility in Sanand Gujarat, by manufacturing this new car at the same plant.

Tata Motors-owned Jaguar Land Rover today said it has opened a new engineering test centre in Dubai to conduct extreme hot weather vehicle research, development and testing.

Tata Group jewellery brand Tanishq plans to open 33 stores and expects up to 27 per cent increase in revenues this financial year.

The air was alive with excitement and anticipation. After all, it was a moment of historical significance.

Indian equities continued to trade higher on Friday in the post noon trade led by gains seen in auto, consumer durables, banking and PSU stocks.

The ghosts of 2012 seem to be haunting car makers in the current fiscal as well.

The endurance drive was flagged-off in February 2012 to challenge Tata Indigo eCS in its fuel efficiency.

Indian equities continue to trade higher towards closing on Wednesday. At 2.44 pm, the Sensex was trading up 62.44 points or 0.31% at 19,951.39 with 11 components gaining.

What began as an assurance to be 'the People's car', well known auto giant Tata Motors' Nano is detecting it hard to make a start with clients turning their backs to the vehicle, sale facts for which have been declining and posted just 948 vehicle units in the month of April 2013.

Tata Engineering and Locomotive Co Ltd the erstwhile avatar of Tata Motors has been directed by the apex consumer commission to pay 2.5 lakh to a customer as compensation for selling him a defective car.

India's leading online portal for posting the particulars about used and new cars, Gaadi.com posted a detailed report on the unveiling of Tata Safari Storme's Mountain Rescue Concept in Geneva, Switzerland.

Indian equities continued to trade higher towards closing on Monday. At 15.08., the Sensex was trading up 81.78 points or 0.42% at 19,657.42 with 21 components gaining.

Tata Nano, the cheapest car in the world from Tata Motors has failed to meet its mark as per company's expectations.

Unless new members are inducted at jet speed, the strength of Tata Sons board will come down to four in July.

Mumbai: The BSE benchmark Sensex on Friday slumped by 160 points to close at 19,575.64 points on profit selling in rate-sensitive stocks led by ICICI Bank and Tata Motors, as RBI adopted a "hawkish" stance in its monetary policy 2013-14 overshadowing its 0.25 percent cut in repo rate.

Neeraj Garg took on the reigns as Vice President commercial, passenger car business unit of Tata Motors in September 2012.

In a surprising announcement this morning, Economic Times has revealed that Neeraj Garg, Vice President, commercial and passenger car unit of Tata Motors, has resigned from the company.

Tata Motors domestic passenger vehicles 48.94% sales decline for April 2013. With no new vehicles lined up, it doesn't look like this downward trend will be reversed in quicktime.