TATA Motors

Tata Motors gets arbitral award of ₹766 crore plus interest to compensate for its investment in the now scrapped Singur plant. On October30, a three-member Arbitral Tribunal gave a unanimous award in favour of Tata Motors to be compensated for its investment in the now-scrapped in West Bengal. "In respect of the arbitration proceedings between Tata Motors Limited (TML) and West Bengal Industrial Development Corporation Limited (WBIDC)," read… read-more

Global carmakers Tata Motors launched its new Tiago EV hatchback in India at Rs 8.49-11.79 lakhs, on September 29. The newly designed car is third in the electric PV market. The bookings for the new Tiago EV will begin from October 10, with a booking cost of Rs 21,000, only for the first 10,000 bookings, of which 2,000 will be reserved for customers with two EV models of Tata.

Tata Motors received orders for 921 electric buses from Bengaluru Metropolitan Transport Corporation, after orders from Delhi Transport Corporation and West Bengal Transport Corporation. Tata Motors will produce, operate, and service 12-meter electric buses for a term of 12 years under the broader offer by Convergence Energy Services Limited. “This order is paramount for Bengaluru's growing need for clean, sustainable urban mass mobility,"… read-more

Tata Motors announced to increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs. The price increased by 0.55%. which came into effect for consumers, from July 9. The increased price will depend upon the variant and model, as a measure to manage the extreme input costs, for certain models. Notably, Tata Motors recently hiked prices for its commercial vehicles.

Tata Motors has announced a price hike in its commercial vehicle range, starting from July 1, 2022. According to sources, the increase in price will be in the range of 1.5-2.5%, depending upon model and size of vehicle. The decision to hike prices came amid extensive measures to absorb a significant portion of the increased input costs in manufacturing. Furthermore, Tata Motors witnessed a  steep rise in overall input costs.