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Tata Motors Ltd (TTM)

TTM on New York Consolidated

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18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Tata Motors appoints P B Balaji as CFO
Monday, 14 Aug 2017 07:24am EDT 

Aug 14 (Reuters) - Tata Motors Ltd :Says appointment of P B Balaji as chief financial officer of the company w.e.f. November 15, 2017..  Full Article

Tata Motors calls off partnership talks with Skoda
Thursday, 10 Aug 2017 06:05am EDT 

Aug 10 (Reuters) - Tata Motors Ltd ::Says intimating cessation of discussion with Skoda around potential partnership ‍​.Says two companies have decided to keep in touch for future areas of collaborations.Both the companies have jointly concluded that envisioned areas of partnership may not yield the desired synergies as originally assessed.Says "remain positive of exploring future opportunities with the Volkswagen group".Says Tata Motors will continue to pursue standalone product strategy.Says "have concluded that the strategic benefits for both parties are below the threshold levels".  Full Article

Tata Motors announces commercial launch of Tata Tigor in Nepal
Thursday, 10 Aug 2017 12:35am EDT 

Aug 10 (Reuters) - Tata Motors Ltd ::Tata Motors along with its distributor for Nepal Sipradi Trading Pvt. Ltd. announced commercial launch of Tata Tigor.  Full Article

India's Tata Motors June-qtr consol profit up about 42 pct
Wednesday, 9 Aug 2017 06:22am EDT 

Aug 9 (Reuters) - Tata Motors Ltd :June quarter consol profit 31.82 billion rupees versus profit 22.36 billion rupees year ago.Says "first quarter results have not met our expectations".June quarter consol total income 599.72 billion rupees versus 663.39 billion rupees year ago.Says plans to launch, in the month of September, its new car nexon.Tata Motors - says consol pbt for quarter includes one- time gain of 36.09 billion rupees related to the changes made to Jaguar Land Rover pension plans.  Full Article

Tata Motors Group July global wholesales, including JLR, up 12 pct
Tuesday, 8 Aug 2017 02:56am EDT 

Aug 8 (Reuters) - Tata Motors Ltd :Tata Motors Group global wholesales in July 2017, including Jaguar Land Rover, were at 98,534 nos., higher by 12%, over July 2016.Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in July 2017 were at 32,026 nos., up 5% over July 2016.Says global wholesales of all passenger vehicles in July 2017 were at 66,508 nos., higher by 15%, compared to July 2016.Says in July global wholesales for Jaguar Land Rover were 51,425 vehicles, includes CJLR volumes of 6,805 units.  Full Article

Tata motors says JLR retail sales in July was 46,074 vehicles, up 3.6 pct
Monday, 7 Aug 2017 05:31am EDT 

Aug 7 (Reuters) - Tata Motors Ltd ::Says retail sales for Jaguar Land Rover totalled 46,074 vehicles in July, up 3.6 pct on July 2016‍​.Says Jaguar retail sales reached 12,964 vehicles in July, down 1.8 pct on July 2016.Says Land Rover retailed 33,110 vehicles in July, up 5.8 pct year on year.  Full Article

Tata Motors domestic sales grows by 13 pct in July 2017
Tuesday, 1 Aug 2017 03:18am EDT 

Aug 1 (Reuters) - Tata Motors Ltd ::Says Tata Motors domestic sales grows by 13% in July 2017.Says passenger and commercial vehicle total sales (including exports) in July 2017 were at 46,216 vehicles, higher by 7%.Says company's sales from exports was at 3441 in July 2017, a decline of 36%, compared to 5,371 vehicles sold in July 2016.Tata Motors says overall commercial vehicles sales in July 2017, in domestic market were at 27,842 nos. Higher by 15% due to ramp-up of BS4 production.Says company's sales from exports in July 2017 declined due to drop in volumes in Sri Lanka and Nepal..Says in July 2017, passenger vehicles, in domestic market, recorded sales at 14,933 nos., with a growth of 10%.  Full Article

India's Tata Motors launches range of commercial vehicles in Philippines
Wednesday, 26 Jul 2017 02:52am EDT 

July 26 (Reuters) - Tata Motors Ltd :Says Tata Motors strengthens presence in Philippines with launch of its range of commercial vehicles.Says partners with Pilipinas Taj Autogroup, Inc. as official distributor of Tata Motors commercial vehicles in Philippines.To start supply of CV brands Tata Prima range of tractor trailers & tippers, LPT range of LMH trucks, SFC 407, mini trucks range of Ace, Super Ace.  Full Article

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

BRIEF-Tata Motors appoints P B Balaji as CFO

* Says appointment of P B Balaji as chief financial officer of the company w.e.f. November 15, 2017. Source text - http://bit.ly/2uGumvw Further company coverage: