Tata Motors on Thursday announced the retirement of Ralf Speth as Executive Director and Chief Executive Officer of Jaguar Land Rover (JLR) at the end of his contract term in September.

Speth will maintain his relationship with the Tata Motors-owned firm by taking up the role of non-executive vice chairman, N Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover, said in a regulatory filing.

Shares of Tata Motors continued their their northward journey, trading close to seven-month high of Rs 185, up 2 per cent on Wednesday, on the back of a slew of positive news.

The commercial vehicles major's stock has rallied 16 per cent in the past six trading days, as compared to 3 per cent rise in the benchmark S&P BSE Sensex.

Auto major Tata Motors plans to add 100 sales outlets for passenger vehicles by the end of the current fiscal as it aims to enhance its reach in the country, a senior company official said.

The company, which has around 860 sales outlets spread across the country, has already added up around 100 outlets in the current financial year till now.

Tata Motors is in the process of setting up at least seven regional stockyards as it seeks to move to a leaner and efficient distribution system. This will ensure its vehicles reach dealers much faster and delivered to buyers in a maximum of three days.

The move is also aimed at reducing the financial burden on dealers as it takes care of inventory costs, said Mayank Pareek, president, passenger vehicles business, Tata Motors.

Tata Motors on Wednesday said it will increase prices of its passenger vehicles from January, primarily in order to offset impact of upgrading its portfolio to conform to BSVI emission norms.

The company currently sells products ranging from hatchback Tiago to SUV Harrier, priced between Rs 4.39 lakh and Rs 16.85 lakh (ex-showroom Delhi).

Shares of Tata Motors jumped as much as 15 per cent in the morning deals on Tuesday on better-than-expected Q2 results. The auto major had settled over 16 per cent higher during the one-hour Muhurat Trading session on Sunday, that marked the beginning of new Samvat year - 2076. In two trading sessions, the stock has jumped 34 per cent.

Mumbai: Tata Motors shares soared 18% to ₹150 in Sunday’s Diwali ‘Muhurat’ trade. The jump in the stock was in response to the company’s strong September quarter (Q2FY20) performance, as a result of which, US-listed shares of the Indian carmaker had surged 13.2% on Friday.

Two factors inspire confidence that prospects of the global auto company may be improving.

Homegrown auto major Tata Motors on Friday reported a consolidated net loss of Rs 187.7 crore for the quarter ended September 30, hit by subdued demand for its vehicles in the domestic market.

The company had posted a loss of Rs 1,009.49 crore in the same period of 2018-19.

New Delhi: Tata Motors on Thursday said it will launch Nexon EV in the fourth quarter of the current fiscal, with price expected to be in the range of Rs 15-17 lakh.

The vehicle will be powered by the company's recently introduced Ziptron Technology.

Ahead of the festive season, Tata Motors is offering heavy discounts on wide range of models. Under the 'Festival of cars' programme, the company is giving benefits of up to ₹1.5 lakh on models including Tata Harrier, Nexon, Hexa, Tiago and Tigor.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.