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Tata Motors on Thursday announced that it has won an order of 921 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). Under the larger tender by Convergence Energy Services Limited (CESL), Tata Motors will supply, operate and maintain 12-metre electric buses for a period 12 years, as per the contract. “Tata Starbus is an indigenously […]
Tata Motors has inked a pact to acquire Ford India’s Sanand-based manufacturing plant for Rs 725.7 crore, as it aims to bolster its passenger vehicle production capacity. As part of the deal, Tata Motors will get the entire land and buildings, vehicle manufacturing plant along with machinery and equipment situated therein, the Mumbai-based auto major […]
With an eye on the upcoming Onam season, Tata Motors, a home-grown automaker, plans to increase its sales in Kerala by 40 per cent in the second quarter of the financial year 2022. Rajan Amba, the Vice-President, Sales, Marketing and Customer Care of Tata Motors Passenger Vehicles Ltd, said Kerala is a big market for […]
Passenger vehicle sales are expected to be robust in July, driven by a large order book and production ramp-up, while commercial vehicle volumes may remain in an uptrend, a report said on Thursday. However, tractor volumes are likely to decline due to a high base and uneven spread of the monsoon, according to brokerage firm […]
Home-grown auto major Tata Motors on Wednesday reported a consolidated net loss of Rs 4,951 crore in the quarter ended June 2022. The company had posted a consolidated net loss of Rs 4,450 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing. Consolidated revenue from operations during the period under […]
Women are storming the male bastion in automotive manufacturing harder as firms like Tata Motors, MG Motor, Hero MotoCorp and Bajaj Auto accelerate the drive for gender diversity at shop floors. Tata Motors, which currently has over 3,000 women operating on its shop floors across its six plants in India in different roles for production […]
Leading carmakers are grappling with a huge backlog of around 6.5 lakh units, with chip shortage continuing to crimp their manufacturing activities and leading to long waiting period for customers. The country’s largest carmaker Maruti Suzuki India alone has a backlog of around 3.4 lakh units while Hyundai and Mahindra & Mahindra have a combined […]
The Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body today organized its 6th Annual CSR Conclave, themed on “CSR Rewired: Post Covid 19 Scenario”. The conclave highlighted varied perspectives on Health & Sanitation, Skills development, Road Safety, and Environmental rejuvenation. For this year, there is an emphasis on sharing of best practices […]
Tata Motors expects second half of the current fiscal to be better in terms of performance with gradual improvement in the overall supply situation and stabilisation in commodity prices, according to company chairman N Chandrasekaran. Addressing shareholders during the company’s 77th annual general meeting, Chandrasekaran noted that demand for the company’s vehicles across segments remained […]
Tata Motors on Tuesday said it will increase the prices of its commercial vehicles, in the range of 1.5 to 2.5 per cent, from July 1 to partially offset rising input costs. The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant, Tata Motors said […]