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Tata Motors Ltd (TAMO.BO)

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Latest Key Developments (Source: Significant Developments)

Jaguar Land Rover Q4 pre-tax profits up 17 pct to 676 mln pounds
Tuesday, 23 May 2017 08:24am EDT 

May 23 (Reuters) - Jaguar Land Rover: :full year retail sales were 604,009 vehicles, up 16%.q4 revenues 7.3 billion pounds, up 10 percent.in 2017-18, plans to invest over 4 billion pounds on expanding product portfolio, innovative technologies, increasing manufacturing capacity.q4 pre-tax profits 676 million pounds, up 17 percent.  Full Article

Jaguar Land Rover Q4 revenues 7.3 bln pounds, up 10 percent
Tuesday, 23 May 2017 07:58am EDT 

May 23 (Reuters) - Jaguar Land Rover::Qtrly retail sales were 604,009 vehicles, up 16 pct.Q4 revenues 7.3 billion pounds, up 10 percent.In 2017-18, plans to invest over 4 billion pounds on expanding product portfolio, innovative technologies, increasing manufacturing capacity.Q4 pre-tax profits 676 million pounds, up 17 percent.  Full Article

Tata Motors says recorded one time provision of 1.48 bln rupees in relation to unsold stock of euro III-compliant vehicles as on March 31
Tuesday, 23 May 2017 07:35am EDT 

May 23 (Reuters) - Tata Motors Ltd :Says recorded a one time provision of 1.48 billion rupees in relation to unsold stock of euro III-compliant vehicles as on March 31.Recorded one time gain of INR 13.3 billion during quarter in relation to recovery of insurance, other dues on Tianjin port blast in China in 2015.  Full Article

India's Tata Motors March-qtr consol profit falls about 17 pct
Tuesday, 23 May 2017 07:15am EDT 

May 23 (Reuters) - Tata Motors Ltd :March quarter consol net profit 43.36 billion rupees.Consensus forecast for March quarter consol net profit was 26.95 billion rupees.March quarter consol total income 789.81 billion rupees.Consol net profit in March quarter last year was 52.11 billion rupees as per Ind-AS; consol total income was INR 810.80 billion.Says JLR margin for March quarter 14.5 percent.  Full Article

Tata Motors Group global wholesales lower by 4 pct
Wednesday, 10 May 2017 03:18am EDT 

May 10 (Reuters) - Tata Motors Ltd :Says Tata Motors group global wholesales at 73,691 in april 2017.Says global wholesales of all Tata Motors’ commercial vehicles and Tata daewoo range in April 2017 were at 18,844 nos., lower by 36%,.Says global wholesales of all passenger vehicles in April 2017 were at 54,847, higher by 16%, compared to april 2016.  Full Article

Tata Motors JLR total April sales down 2.3 pct
Friday, 5 May 2017 12:47am EDT 

May 5 (Reuters) - Tata Motors Ltd :Says JLR total april sales 40385, down 2.3 percent.Says small decrease in sales in quarter as in UK, customers purchased vehicles before the increase in vehicle tax on 1st April.Says Jaguar retail sales in April were 12,310 vehicles, up 54.0%.Says retail sales for Land Rover in April were 28,075 vehicles, down 15.8%.JLR investing about £3.5 billion annually to extend model range,manufacturing footprint, including investment in new plant in Slovakia.Says sales will increase from may as all-new discovery model continues to go on sale, particularly in China and North America.JLR retail sales for april were up 32.5% in North America , up 10.1 percent in China and up 2.7 percent in Europe , down 34.6 percent in UK year-on-year.  Full Article

Tata Motors' says co's commercial vehicles are BSIV ready
Wednesday, 26 Apr 2017 05:38am EDT 

April 26 (Reuters) - Tata Motors Ltd :Co's commercial vehicles are BSIV ready with exhaust gas recirculation and new future leading selective catalytic reduction.  Full Article

Tata Motors says JLR retail sales for March rose 21 pct
Friday, 7 Apr 2017 12:59am EDT 

Tata Motors Ltd : JLR retail sales of 604,009 vehicles (including sales from our China joint venture) in the financial year ended 31 March 2017, up 16% .Says JLR retail sales for Q4 were 179,509 vehicles, up 13% , and March sales reached 90,838 units, up 21%.  Full Article

Tata Motors hands over first lot of 117 buses to SOTRA in Abidjan
Thursday, 6 Apr 2017 03:13am EDT 

Tata Motors Ltd : Says Tata Motors receives order for 500 buses from Ivory Coast . Says buses are being financed under Exim Bank of India for operation by SOTRA .Says recently handed over first lot of 117 buses to SOTRA in Côte D'ivoire's economic capital, Abidjan.  Full Article

Tata Motors forms JV with with Jayem Automotives for special performance vehicles
Friday, 31 Mar 2017 04:24am EDT 

Tata Motors Ltd : Says Tata Motors announces joint venture with Jayem Automotives for special performance vehicles . Says Tata Motors and Jayem Automotives will work towards performance enhancement and appearance of series vehicles . JT Special Vehicles will develop range of performance vehicles in phased manner at dedicated line, currently explored at Coimbatore .Says "special performance vehicles will be targeted to augment the latest product range in our vision to build aspirational cars".  Full Article

More From Around the Web

EU regulators to investigate Slovakian aid for Jaguar Land Rover

BRUSSELS, May 24 EU state aid regulators opened on Wednesday an investigation into Slovakia's plan to grant 125 million euros ($139.7 million) to Tata Motors' luxury British arm Jaguar Land Rover, saying they had concerns about the legality of the measure.