Tata Motors, the country’s biggest automotive company by revenue, is in advanced negotiations to take over Ford India’s Sanand plant in Gujarat, several people aware of the talks told ET. The US carmaker had announced its exit from the local automobile market in September last year. Tata Motors is the leading contender in the race…Continue Reading
Shares of Tata Motors on Tuesday declined nearly 4 per cent after the company reported a consolidated net loss of Rs 1,451.05 crore for the third quarter ended December 2021. The stock fell 3.66 per cent to Rs 498.55 on the BSE. On the NSE, it dropped 3.68 per cent to Rs 498.65. On Monday,…Continue Reading
on Friday said it has launched its latest range of passenger vehicles in Bhutan. The company said it has launched the product range in association with Samden Vehicles, an authorised distributor of passenger vehicles in Bhutan. Tata Motors will retail the new generation Tiago, Tigor, Altroz, Nexon, Harrier and flagship SUV Safari in the neighbouring…Continue Reading
SynopsisPV volumes are likely to take a hit among chip shortages, though volumes should be slightly better month-on-month. On the CV front, the positive momentum is likely to continue. Analysts are positive on the whole sector.NEW DELHI: , along with other commercial vehicle (CV) players, are likely to steal the limelight as the monthly sales…Continue Reading
MUMBAI: Tata Motors will invest as much as $2 billion (Rs 15,000 crore) over the next four years to launch 10 new electric vehicles just as its broader passenger vehicles division — which was in losses till a few years ago — hopes to turn around and generate free cash flow by 2022-23, a top…Continue Reading