Photo: Exchange4media
Tata Motors Aims To Sell More Electric Vehicles In Second Half Of FY23
Tata Motors anticipates a better second half of the current fiscal year, with the carmaker aiming to sell 50,000 electric vehicles (EVs) in the fiscal year ending March 31. With double EV sales in 2023/24, the firm also looks for a significantly better supply condition and commodity price stability. On July 4, Tata Motors Chairman N Chandrasekaran stated the company will be one of the global leaders in green mobility.
Tags: TATA MOTORS INDIA, FISCAL YEAR, Electric cars, Green Energy, Sustainable Mobility
Courtesy: DNA INDIA
Photo: NDTV
Indian Govt Selects 20 Automobile Companies Under PLI Scheme
Approximately 20 car making companies have been included in the recently launched production Linked Incentives (PLI) scheme, aiming clean fuel initiative. These based in India car making companies are now eligible for the government scheme; Tata Motors, Hyundai, Bajaj Auto, Hero MotoCorp and Ola Electric (for two-wheelers). The companies will work for the production of hydrogen clean fuel and electric vehicles. Also, Maruti has been dropped… read-more
Tags: TATA MOTORS INDIA, Kia Motors India, PLI Scheme, Modi Government , Automobile
Courtesy: Hindustan Times
Photo: Tata Motors Website
Tata Motors Overtakes Hyundai, Bags 2nd Spot In Sales
On a year-on-year basis, Tata Motors automobile manufacturer reported a rise of 24% in its domestic sales in December 2021. The sales rose to 66,307-units during the month under review from 53,430-units sold during December 2020, which takes Tata Motors to the second spot, in terms of sales, ahead of Hyundai. Total commercial sales of company rose to 31,008-units, with total passenger vehicle sales rose by 50% to 35,299-units.
Tags: TATA MOTORS INDIA, Second Spot, Best Sales, India, Automobile
Courtesy: News 18
Photo: The Financial Express
Rakesh Jhunjhunwala Earned 900-Crores From Tata Shares In September
Stock trader Rakesh Jhunjhunwala made nearly Rs 900 crores from his shareholding in Tata Motors Group in the month of September. Tata Motors share price has surged around 13 per cent in October itself and is expected to remain in the bullish phase for quite some time, according to the experts. Jhunjhunwala even invested in Titan's shares and the company's shares went up 11.40 per cent in this period.
Tags: Rakesh Jhunjhunwala, TATA MOTORS INDIA, Stock market, titan
Courtesy: Livemint
Photo: The Times Of India
Tata Motors To Get New CEO & MD In Marc Llistosella From July 1
Tata Motors on February 12 announced that Marc Llistosella will take charges as the company's new CEO and MD from July 2021. Mark was recently the president and CEO of Fuso Truck and Bus Corporation. He will replace the outgoing CEO Guenter Butschek who want to relocate to Germany for personal reasons. "Marc is an experienced automotive business leader with deep knowledge and expertise in commercial vehicles," said Tata Motors Chairman N… read-more
Tags: Marc Llistosella, TATA Motors, business, TATA MOTORS INDIA
Courtesy: Livemint
Photo: Carwale
Tata Launches Harrier CAMO As Tribute To Armed Forces; Starts At Rs 16.50 Lakh
Tata Motors on November 6 revealed its new special edition SUV 'Tata Harrier CAMO' as a tribute to the Indian Armed Forces. Having starting price of Rs 16.50 lakh, the SUV is out with a camouflage green colour and will be available in automated XT and manual XZ variants. Tata has also offered new accessories in two different packages starting from Rs 26,999. The special edition car will also have premium Benecke-Kaliko Blackstone leather… read-more
Tags: TATA MOTORS INDIA, Harrier CAMO, Automobiles, SUVs
Courtesy: Hindustan Times
Photo: CarWale
Tata Motors Increase the Price of Nexon's Advance Variants
Tata Motor has increased the price of two variants of its electric vehicle Nexon SUV by Rs 26,000. Nexon's XZ+ and XZ+ Lux go for sale with an increased price of Rs 15.25 lakh and 16.25 lakh respectively. However, its base variant XM's price is unchanged at Rs 13.99 lakh. Moreover, the company is offering a subscription scheme at Rs 34,900 to make the vehicle more accessible.
Tags: TATA MOTORS INDIA, Nexon SUV, Car, Automobiles
Courtesy: Hindustan Times
Photo: News Track
HDFC to Finance Tata's Passenger Vehicles Under New Scheme
Under the new ’Gradual Step Up’ and ’TML Flexi Drive’ schemes, Tata motors reported that its passenger vehicles can be financed by HDFC banks after the collaboration. Reportedly, the schemes are open until the end of November where the customers can choose their EMI paying options. A Tata Motors official said, “The schemes are affordable and accessible to individuals and families, while contributing to the joy of this year’s festive season… read-more
Tags: TATA MOTORS INDIA, HDFC, EMI, Automobile
Courtesy: CNBC
