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Jaguar Land Rover sales rise 20% in May to 38,831 units
Posted on 12th June 2014
New Delhi: Tata Motors-owned Jaguar Land Rover on Wednesday reported a 20% increase in global sales to 38,831 units in May.

The Jaguar brand sold 6,450 units, up 4%, while the Land Rover sold 32,381 units, a growth of 23%, the company said in a statement.

Tata Motors sees two more top-level exits
Posted on 11th June 2014
New Delhi: A month after the exit of Tata Motors Ltd senior vice-president of passenger vehicle business unit, two more top-level executives have put in their papers, the company’s corporate steering committee (CSC) said in a message to employees.

The new executives to join the departure list are Venkatram Mamillapalle, head of purchases, and Rajesh Bagga, head of human resources and legal.

Car manufacturers flock to Gujarat ITIs
Posted on 11th June 2014
Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.

Maruti Suzuki India Ltd last year administered tests to 1,100 candidates at the Kubernagar ITI in northeast Ahmedabad. "Maruti Suzuki had recruited 40-45 candidates here for their Gurgaon plant. It has indicated it will test candidates again this month. Accordingly, we have prepared a list of around 1,000," said A J Pandey, placement coordinator for the Kubernagar ITI.

Auto firms like M&M, Tata Motors, Maruti, Hyundai, Renault and Nissan to spend Rs 10,000 crore on new models, facelifts
Posted on 9th June 2014
MUMBAI: Automobile makers in India have lined up more than Rs 10,000 crore of investment to develop new passenger vehicles and soup up existing ones despite a slowdown in sales, as they strive to meet changing customer demands in a market where products become outdated fast, according to industry executives.

Companies such as Mahindra & Mahindra, Tata Motors, Maruti SuzukiBSE 0.56 % as well as the local units of Hyundai Motor, Renault and Nissan Motor are working on all-new platforms to bring out new products.

Ravi Kant retires from Tata Motors
Posted on 3rd June 2014
Tata Motors Non-Executive Vice-Chairman Ravi Kant (pictured) retired from India’s biggest automotive company on Saturday at the age of 70.

Kant, an alumnus of IIT-Kharagpur, was managing director of the company before being promoted as vice-chairman five years ago. He, along with Prakash Telang (former MD who retired in 2012), is among the last batch of previous generation senior-level staff with the Mumbai-based company.

Car sales turn around as new govt brings hope
Posted on 3rd June 2014
The new government seems to have spurred recovery in the automobile industry, with eight of the country's leading passenger vehicle makers on Monday reporting sales growth of 7.4 per cent in May.

These automobile manufacturers sold 190,193 vehicles in May, compared with 177,168 in the same month a year ago. According to data available with the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales had in April declined 9.50 per cent to 188,541 on a year-on-year basis.

Tata-Hitachi JV 100-tonne dump truck launch in 2016
Posted on 31st May 2014
Tata Hitachi Construction Machinery Company Ltd, a JV between Tata Motors and Japan’s Hitachi Construction Machinery, is expecting its 100-tonne dump truck to hit the market during the first half of 2016.

Rana Sinha, managing director of Tata Hitachi Construction Machinery Company Ltd, said, “The 100-tonne dump truck is very much on the cards. We are conducting trials and expect it to be launched in 2016.”

Tata Motors warns on India operations profit for FY14
Posted on 29th May 2014
MUMBAI: Tata Motors, India's largest automaker by revenue, said its domestic operations would likely not post a profit or would have "inadequate" profit for the fiscal year that ended in March, hurt by sluggish demand.

Ultra keen on CV brand
Posted on 23rd May 2014
After Ace in ultra-light commercial vehicles, Tata Motors will now spin off more sub-brands in growing categories, such as intermediate and light CVs

Commercial vehicles have been hit the most in the current slowdown. However, Tata Motors (Tata) is taking this lull as an opportunity to launch products to take on competition such as Ashok Leyland, Eicher and Bharat Benz (from Daimler). It has picked the intermediate and light commercial vehicles (ILCVs) segment which comprises trucks with capacities of 5-tonne till 15-tonne, to launch a new brand, Ultra.

Tata Motors arm raises $300 mn
Posted on 9th May 2014
Tata Motors' Singapore-based subsidiary TML Holdings has raised $300 million (Rs 1,800 crore) through a debt securities issue, the company said today.

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