TATA Motors

Aiming for business development, Tata Passenger Electric Mobility Ltd (TPEML) a subsidiary of Tata Motors, and Ford India Pvt Ltd (FIPL) signed an MoU with the Gujarat government. Under the signed MoU, Tata Motors will have the right of acquiring FIPL's Sanand vehicle manufacturing facility, land, buildings, vehicle manufacturing plant, machinery, and equipment.  Furthermore, Tata Motors will also have all eligible employees of FIPL after a… read-more

Tata dealerships are offering massive discounts on various cars, as the Indian car-manufacturer this January will be giving discounts upto Rs 10,000. SUV Tata Safari will also come at a discounted price, while bonus/cash discounts on exchange of vehicles for a Scorpio, can be availed upto Rs 60,000, for 2021 model. Corporate discounts of upto Rs 10,000 and Rs 5,000 are also available for Tata’s Tigor and Tiago, respectively.

Tata Motors with Nexon EV and Tigor EV has sold about 10,000 EVs in India. This marked the company's stronghold over the Indian e-vehicle passenger segment, capturing about 70% of the share. Customers bought Nexon EV launched in 2020, costing Rs.14 lakh, and Tigor EV launched in August 2021 for individual customers costing Rs. 12 lakh. Tata Motors expects to dominate the sector of battery-powered vehicles in the upcoming decades.

Tata Motors will launch renewed hatchback Tata Tiago NRG in India on August 4, competing against Maruti Suzuki Celerio, Wagon R, and the Datsun Go. Reportedly, the company offers 1.2-liter three-cylinder engines with both manual and automatic gearbox systems pricing around Rs 6-7 lakh. Besides, it'll be available in four colour options, featuring dual airbags, climate control, day-night rear-view mirror, rear parking sensors, and more.

Tata Sons chairman N Chandrasekaran confirmed that there is no dialogue with Tesla for a collaboration. The statement came after speculations arose of Tata partnering with Elon Musk-owned Tesla that recently entered the Indian market. Chandrasekaran said, "We will do it on our own". He added that Tata Motors has been performing well and does not need an outside partnership at this time.