Tata Motors Ltd (TATAMOTORS)

Tata Motors Reports Strong Sales Growth in April 2024 - 02 May, 2024

Tata Motors reports a 12% YoY increase in total domestic sales for April 2024. The company's stock rises by 2% following a 31% YoY increase in commercial vehicle sales and 2% YoY increase for passenger vehicles.

Tata Motors Records Strong Sales in April Despite Tax Demand - 01 May, 2024

Tata Motors reports strong sales in April, with total sales reaching 77,521 units. However, the company has received a tax demand of nearly Rs 25 crore from authorities.

Tata Group Expands Stake in Tata Play; Tata Motors Leads Auto Sector Gains - 30 Apr, 2024

Tata Sons buys a 10% stake in Tata Play from Temasek, increasing its holding company's stake to 70%. Tata Motors leads auto sector gains as Nifty 50 index hits a new record high. Tata Nexon ICE version remains the market leader with an average of 12,000-13,000 units sold per month.

Tata Motors Signs Financing Deal with South Indian Bank - 29 Apr, 2024

Tata Motors has signed a Memorandum of Understanding (MoU) with South Indian Bank to provide financing options for its entire line of commercial vehicles. The partnership aims to empower fleet owners and dealerships to achieve their business goals.

Tata Motors files record-breaking number of patents in FY24 - 28 Apr, 2024

Tata Motors claims to have filed 222 patents and 117 design applications during FY24, the highest number of patents filed in the industry by any auto manufacturing OEM. The automaker has been focusing on bringing upmarket new products in the Indian passenger vehicle market with a key focus on technology.

Tata Motors Launches New Products and Services - 27 Apr, 2024

Tata Motors launches the Tata Magic Bi-Fuel and files numerous patents and grants in FY 2023-24. The company also promotes its AMC service.

Tata Motors Inaugurates New Spare Parts Warehouse in Guwahati - 26 Apr, 2024

Tata Motors has inaugurated a new commercial vehicle spare parts warehouse in Guwahati, enabling faster turnaround times and easier availability of spares. The company has partnered with Delhivery to leverage its technology-enabled warehousing and transportation solutions for smarter inventory management. Additionally, Tata Motors is set to host a conference call on May 10 to discuss Q4 results.

Tata Motors Files Record-Breaking Patents & Partners with Harman Ignite Store - 25 Apr, 2024

Tata Motors files a record-breaking number of patents and design applications in FY24. The company also partners with Harman Ignite Store as its in-vehicle app store to power Arcade.ev. Additionally, the Madras High Court orders reconstitution of an opposition board in a Tata Motors challenge to an Ashok Leyland patent. Hyundai Motor Group announces plans to launch its first India-manufactured EVs by 2025, competing with Tata Motors.

Tata Motors Secures Order for 2,000 EV Sedans from Vertelo - 24 Apr, 2024

Tata Motors subsidiary, Tata Passenger Electric Mobility, secures an order to supply 2,000 XPRES-T electric sedans from integrated fleet electrification platform Vertelo. Additionally, the company has signed a non-binding MoU and an MoU with Vertelo for the delivery of 2,000 XPRES-T EVs. Proxy advisory firms have recommended votes on Tata Motors' resolution pertaining to conversion of shares with differential voting rights into ordinary shares.

Tata Motors Develops Super App for EV Charging Infrastructure; Kotak AMC Bullish on Auto Sector Earnings Growth - 23 Apr, 2024

Tata Motors is developing an app to boost EV charging infrastructure while Kotak AMC predicts better earnings growth for auto sector. However, public DVR holders and mutual funds stand to lose significant economic value in the proposed conversion of Tata Motors DVR to ordinary shares.

Tata Motors Launches New Variant and Showcases Electric SUV - 22 Apr, 2024

Tata Motors celebrates reaching four lakh customers of the Tata Magic by launching a new bi-fuel variant. The company also showcased its upcoming Curvv electric SUV at the Bharat Mobility Global Expo 2024.

Tata Motors Leads EV Market in India - 20 Apr, 2024

Tata Motors is the current leader in the Indian electric vehicle market, having found success by customizing its internal combustion models. Analysts predict that 5% of all automobiles in India will be EVs by 2030, lower than the government's target of 30%.

Tata Plans New Manufacturing Facility and Launches Electric SUV - 19 Apr, 2024

Tata Motors plans to build a $1 billion manufacturing plant in Tamil Nadu to produce luxury vehicles under the Jaguar Land Rover brand. The company also plans to import JLR luxury electric cars under a new government policy. Additionally, Tata is set to launch the Tata Curvv EV, an electric SUV with an estimated range of 450-500km.

Tata Motors Plans to Manufacture JLR Electric Cars - 18 Apr, 2024

Tata Motors dominates India's EV market, planning to manufacture JLR luxury cars at a $1bn plant in Tamil Nadu. The company also plans to import JLR EVs under a new govt policy designed to increase use of EVs.

Tata Motors Places Order for Winches; Board to Meet for Q4 Results - 17 Apr, 2024

Tata Motors orders winches worth Rs 30 crore from Remsons Industries for its new model Nexon iCNG. The company's board is set to meet on May 10 to consider Q4 financial results and dividends. Electric cars are gaining popularity in India, with Tata Motors dominating the market.

Tata Motors Reports Double-Digit Revenue Growth Amidst Dominance in EV Market - 16 Apr, 2024

Tata Motors is expected to report double-digit revenue growth and has placed a fourth order with Remsons Industries for the supply of winches used for spare wheels in its cars. The company also dominates India's EV market, which currently makes up only 2% of total car sales but is targeted to reach 30% by 2030.

Tata Motors Reports Strong Sales Growth Across Segments - 15 Apr, 2024

Tata Motors sees strong sales growth across segments, including an 8% increase in global wholesales for Q4FY24 and leading the electric car market in India. The company also partners with Tesla for manufacturing and procurement.

Tata Motors Faces Market Cap Loss, Safest Cars Rated High - 13 Apr, 2024

Tata Motors sees a significant drop in market cap while its Tata Safari and Harrier models are rated as the safest cars in India by Global NCAP. A user reports gearbox issues with a new Tata Nexon DCA, which is replaced by the company.

Tata Motors Reports Strong Sales Growth Across Segments - 12 Apr, 2024

Tata Motors reports strong sales growth across segments, including an 8% rise in global wholesales for Q4FY24 and significant discounts on electric vehicles to boost adoption in India. The company also focuses on developing vehicles that meet customer needs and prioritizes safety as a key selling point.

Tata Motors Collaborates with Shell India for EV Charging Stations - 11 Apr, 2024

Tata Motors collaborates with Shell India to establish new public charging stations across India, while introducing discounts and promotional offers on various models to boost sales. The company's stock has risen 125% in one year, gaining 30% YTD and outshining returns of major index heavyweights.