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Tata Motors aims to raise addressable market to 90%
Posted on 27th December 2018
Riding on the success of vehicles such as Nexon and Tiago, Tata Motors has lined up plans to increase its total addressable market to 90% by 2020, as part of its efforts to further expand network and grab more market share from close competitors. Total addressable market (TAM) is the overall revenue opportunity available for a specific product or service, taking into account the expansion scenarios.

Tata Motors: Car sales pick up pace after years in the slow lane
Posted on 26th December 2018
No one would have thought it a few years ago, but Tata Motors’ Nexon today is giving Maruti’s Brezza a run for its money. Whether it’s late Karl Slym’s vision or Mayank Pareek’s marketing skills or both, Tata cars have come of age. At one point in time, Tata Motor’s market share of the passenger vehicles was a mere 3%. Today that has inched up to 6.8%, thanks to the success of Tiago, Tigor and Nexon. Sleeker designs and smoother engines, the cars have it all.

Tata Motors liable to pay tax for possession of chassis, says SC
Posted on 20th December 2018
In a setback to Tata Motors, the Supreme Court has held that the company is liable to pay tax for possession of chassis of the motor vehicles manufactured by it before being delivered to dealers or purchasers.

While upholding the provision of imposing levy of tax under the Bihar Motor Vehicles Taxation Act 1994,


Tata Motors-owned JLR plans to cut thousands of jobs in new year: Report
Posted on 17th December 2018
Jaguar Land Rover will announce plans early next year to cut thousands of jobs as part of a turnaround strategy, the Financial Times reported, citing several unidentified people close to the company.

The UK luxury carmaker, owned by India’s Tata Motors Ltd, will outline the measures in January as part of a three-year cost-cutting program, the report said.


Come Jan 1, you'll have to pay up to Rs 40,000 more for Tata Motors' cars
Posted on 13th December 2018
Tata Motors Thursday said it will hike prices of its passenger vehicles across models by up to Rs 40,000 from January 1, 2019, to offset the impact of rising input costs and increase in fuel prices.

The company's passenger vehicles portfolio ranges from entry-level small car Nano to the premium SUV Hexa, which are currently priced between Rs 236,000 and Rs 1.797 million (ex-showroom Delhi).


Tata Motors aims Harrier at Jeep Compass, Mahindra XUV500
Posted on 11th December 2018
New Delhi: Tata Motors Ltd, which is on a comeback trail, is betting big on its upcoming SUV Tata Harrier to place itself among the top three passenger vehicle manufacturers on a sustainable basis, a top company executive said.The company, which has been working on a strategy to revive its fortunes in the passenger vehicle (PV) segment for the last couple of years, now believes it has the products and scale to be among the leaders in the segment.

Tata Motors group global sales dip 7% in November to 104,964 units
Posted on 10th December 2018
Global wholesales of all passenger vehicles in November were at 66,429 units, lower by 7 per cent from the year-ago month, Tata Motors said in a statement.

JLR sales were at 49,312 units.


Tata Nexon gets 5 stars for safety from NCAP
Posted on 8th December 2018
Tata Motors’ compact SUV, Tata Nexon, has been awarded a full 5-star adult occupant safety rating by Global NCAP, an internationally-renowned safety accreditation body. The rating is for all variants of Nexon, the first and only car in India to achieve a full 5 stars adult safety rating from Global NCAP, the firm said.

Tata Motors plans large-scale overhaul of its sales network in next 1 year
Posted on 4th December 2018
Auto major Tata Motors is planning a large-scale overhaul of its sales network across the country over the next one year as it prepares to bring in new products, including premium SUV Harrier, a top company official Tuesday said.

The company, which plans to have all its future products on just two platforms -- Omega and Alpha, currently has around 790 dealerships across the country.


Tata Motors falls; Jaguar Land Rover to temporarily cut jobs at UK plant
Posted on 30th November 2018
Shares of Indian automaker Tata Motors Ltd’s fell on Friday after its British unit Jaguar Land Rover said it is going to cut 500 jobs temporarily at its plant in central England.

Shares fell as much as 3.9 per cent to 170.35 rupees, their lowest level since Oct 29, in early trading session. More than 3.9 million shares changed hands by 0411 GMT, compared to the 30-day average of 15.8 million shares.


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