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Tata Motors Ltd (TTM)

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20 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Tata Motors and MAHLE to develop prototype secondary loop mobile AC system on a vehicle
Thursday, 13 Jul 2017 02:44am EDT 

July 13 (Reuters) - Tata Motors Ltd :Says Tata Motors and MAHLE partner together to develop a prototype secondary loop mobile air conditioning system on a vehicle.Says co, MAHLE, along with Institute for Governance and Sustainable Development got funding for developing SL-MAC system.Says funding for developing SL-MAC system from climate and clean air coalition to reduce short-lived climate pollutants.Project envisages use, trial of environment friendly, low global warming potential refrigerants HF01234YF , HFC-152A (ASHRAE A2)​.Says ‍SL-MAC system allows use of refrigerants that should avoid flow into vehicle cabin​.Says ‍SL-MAC project is on schedule, as expected, with anticipated environmental and cost advantages to be determined in next stages​.Says ‍prototype will be tested on Indian roads later in Q3 of 2017​.  Full Article

Tata Motors says June global wholesales including JLR down 2 pct
Wednesday, 12 Jul 2017 06:03am EDT 

July 12 (Reuters) - Tata Motors Ltd ::Says global wholesales for Jaguar Land Rover were 49,422 vehicles in June 2017 .Says group global wholesales in June 2017, including Jaguar Land Rover, were at 90,966 nos., lower by 2 pct.Says global wholesales of all passenger vehicles in June 2017 were at 60,725 nos., higher by 1 pct, compared to June 2016.  Full Article

Tata Motors slashes prices of its passenger vehicles by up to 12 pct
Wednesday, 5 Jul 2017 01:28am EDT 

July 5 (Reuters) - Tata Motors Ltd ::Says slashes prices of its passenger vehicles, post GST.Says offering a price reduction of up to 12 percent ranging between INR 3,300 and INR 217,000 depending on model and variant.  Full Article

Cargotec: Hiab gets order for over 600 loader cranes from Tata Motors, India
Monday, 3 Jul 2017 03:00am EDT 

July 3 (Reuters) - CARGOTEC OYJ :HIAB SECURES AN ORDER FOR OVER 600 LOADER CRANES FROM TATA MOTORS, INDIA.DELIVERIES ARE DUE TO COMMENCE IN Q3 OF 2017.HAS BEEN BOOKED INTO CARGOTEC'S 2017 Q2 ORDER INTAKE.  Full Article

Tata Steel sells 83.54 mln shares of Tata Motors to Tata Sons
Friday, 23 Jun 2017 08:14am EDT 

June 23 (Reuters) - Tata Steel Ltd ::Sale of equity shares of Tata Motors Limited.Sold 83.54 million shares of Tata Motors to Tata Sons at 452.80 rupees per share (excluding brokerage and STT).  Full Article

Tata Motors says there are no plans to list Jaguar Land Rover
Monday, 19 Jun 2017 11:41am EDT 

June 19 (Reuters) - :Tata Motors says there are no plans to list Jaguar Land Rover, there is no truth in those rumours.  Full Article

Tata Motors appoints Girish Wagh as Head of commercial vehicle business unit
Tuesday, 13 Jun 2017 06:25am EDT 

June 13 (Reuters) - Tata Motors Ltd ::Announced appointment of Girish Wagh as 'head of Commercial Vehicle Business Unit' and a member of executive committee.Wagh will continue to oversee MHCV related scope of responsibilities.Says Girish Wagh will take charge of new responsibilities with immediate effect.  Full Article

Tata Motors says May group global wholesales figures drop 1 pct
Friday, 9 Jun 2017 08:03am EDT 

June 9 (Reuters) - Tata Motors Ltd :Says Tata Motors Group global wholesales at 86,385 units in May 2017.Says global wholesales of all passenger vehicles in May 2017 were at 58,075 units., higher by 6 percent, compared to May 2016.Says global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in May 2017 were at 28,310 units, down 13%.Says global wholesales for Jaguar Land Rover were 47,131 vehicles in May.  Full Article

Tata Motors resolves long-term wage settlement issue in Sanand
Friday, 9 Jun 2017 05:48am EDT 

June 9 (Reuters) - Tata Motors Ltd :Says Tata Motors resolves long-term wage settlement issue in Sanand.Says total wage package allotted is INR 16,000/- and will be spread across LTS term uniformly.Co also introduced a performance linked payment, which is accounted as 10% of total salary and will be linked to productivity, quality & safety.Long-term wage settlement was amicably agreed upon, has been signed today for a period of 5 years, w.e.f October 2015 to September 2020.Says annual bonus linked to performance covering all permanent workers was also agreed upon..Benefits like transport & canteen facilities, rationalization of leave rules and block closure days up to 24 days per year were agreed.  Full Article

Jaguar Land Rover overall retail sales up 1.2 pct in May
Wednesday, 7 Jun 2017 01:03am EDT 

June 7 (Reuters) - Jaguar Land Rover Automotive Plc [RIC:RIC:TAMOJL.UL]::Jaguar Land Rover says overall retail sales for Jaguar Land Rover were 45,487 in May, up 1.2 percent year-on-year.Jaguar Land Rover says Jaguar May sales were 13,613 vehicles, up 28 percent year-on-year.Jaguar Land Rover says Land Rover retailed 31,874 vehicles in May, down 7.1 percent year-on-year.  Full Article

Britain's Jaguar Land Rover opens first overseas engine plant

LONDON, July 21 Jaguar Land Rover opened its first overseas engine plant on Friday, picking China for the investment a week after saying it would build a global model entirely outside Britain for the first time.