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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 names Satish Borwankar as chief operating officer
Monday, 5 Jun 2017 07:56am EDT 

June 5 (Reuters) - Tata Motors Ltd :Says Satish Borwankar has been appointed as COO of company with immediate effect.  Full Article

India's Tata Motors May total sales down 4.3 pct
Friday, 2 Jun 2017 01:25am EDT 

June 2 (Reuters) - Tata Motors Ltd ::Says May total sales of 38361 units versus 40,123 units last year.Says domestic commercial vehicles market continues to remain weak and the demand has still not picked up.Says May domestic sales of Tata commercial and passenger vehicles of 34461 units versus 35,695 units last year.Says overall commercial vehicles sales in May 2017, in the domestic market were at 23,606 nos, lower by 13% over May 2016..Says May sales from exports were 3900 units versus 4,428 units last year.In May 2017, Tata Motors passenger vehicles recorded sales at 10,855 nos. In the domestic market, a growth of 27%,.  Full Article

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

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.