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India

Tata Motors Ltd (TAMdv.BO)

TAMdv.BO on Bombay Stock Exchange

56.40INR
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Tata Motors Says CRISIL Downgraded Co's Credit Rating
Wednesday, 14 Aug 2019 

Tata Motors Ltd ::TATA MOTORS LTD - BASED ON CRISIL RATINGS DATED AUGUST 14, 2019, THE CREDIT RATING OF THE COMPANY, HAS BEEN DOWNGRADED.TATA MOTORS LTD - CRISIL CITES WEAKENING OF OUTLOOK ON THE BUSINESS RISK PROFILE OFJLR.  Full Article

Tata Motors Says Co Has No Formal Engagement With Fitch
Friday, 26 Jul 2019 

July 26 (Reuters) - Tata Motors Ltd ::TATA MOTORS HAS NO FORMAL ENGAGEMENT WITH FITCH.FITCH'S RATING ON CO IS UNSOLICITED.  Full Article

Tata Motors Exec Says Sharpness In Slowdown Of Market Was Larger Than Anticipated
Thursday, 25 Jul 2019 

July 25 (Reuters) - Tata Motors Ltd ::TATA MOTORS EXEC SAYS BY 2020 EXPECT ALL OUR JLR MODELS TO HAVE ELECTRIC OPTIONS .INDIA'S TATA MOTORS EXEC SAYS GETTING FOCUS ENTIRELY ON RETAIL GROWTH IN DOMESTIC MARKET.TATA MOTORS EXEC SAYS EXPECT SOME DEGREE OF STABILITY IN MARKET CONDITIONS GOING FORWARD.TATA MOTORS EXEC SAYS AS FAR AS BREXIT IS CONCERNED, "EXTREMELY HAPPY THERE WILL BE DECISIVE ACTION" IN THE COMING DAYS.TATA MOTORS EXEC SAYS SHARPNESS IN THE SLOWDOWN OF THE MARKET WAS LARGER THAN WE ANTICIPATED.TATA MOTORS EXEC SAYS EXPECT TO SEE JLR GROWTH PICKING UP ON THE BACK OF PICK UP IN CHINA GROWTH AS THE YEAR PROGRESSES.  Full Article

Tata Motors Says JLR Continues To Target 3%-4% EBIT Margin For FY
Thursday, 25 Jul 2019 

July 25 (Reuters) - Tata Motors Ltd ::TATA MOTORS SAYS JAGUAR LAND ROVER PROJECT CHARGE ON TRACK, CHINA STABILIZES-GROWTH TO RESUME FROM HEREON."DOMESTIC AUTO INDUSTRY HAS DECLINED SHARPLY AND SIGNIFICANTLY"."EXPECT THE PERFORMANCE TO GRADUALLY IMPROVE IN THE REST OF THE YEAR".SAYS JLR EBIT MARGIN DOWN 5.5% FOR QUARTER.JLR EXPECTS TO RETURN TO GROWTH SOON, FINANCIAL RESULTS TO IMPROVE OVER BALANCE OF YEAR.SAYS WITH THE BUDGET ANNOUNCEMENT AND UPCOMING FESTIVE SEASON, EXPECT SOME TAILWINDS FOR THE REMAINING FY20.SAYS JLR CONTINUES TO TARGET A 3%- 4% EBIT MARGIN FOR THE FULL YEAR.  Full Article

UK new car sales fall by an annual 5% in June- SMMT
Thursday, 4 Jul 2019 

July 4 (Reuters) - :UK NEW CAR REGISTRATIONS FELL 4.9 PERCENT Y/Y TO 223,421 CARS IN JUNE- INDUSTRY BODY SMMT.  Full Article

Tata Motors Says Jaguar Land Rover & BMW Group Collaborates For Electrification Technology
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Tata Motors Ltd ::SAYS JAGUAR LAND ROVER & BMW GROUP ANNOUNCE COLLABORATION FOR ELECTRIFICATION TECHNOLOGY.SAYS ELECTRIC DRIVE UNITS WILL BE MANUFACTURED BY EACH PARTNER IN THEIR OWN PRODUCTION FACILITIES.  Full Article

Tata Motors Says April JLR Retail Sales Down 13.3% Yoy
Friday, 10 May 2019 

May 10 (Reuters) - Tata Motors Ltd ::SAYS JAGUAR LAND ROVER RETAIL SALES IN APRIL 2019 WERE 39,185 VEHICLES, DOWN 13.3% COMPARED TO APRIL 2018.JAGUAR RETAIL SALES IN APRIL WERE 11 ,462 VEHICLES, DOWN 13.7% YOY AND LAND ROVER RETAILED 27,723 VEHICLES, DOWN 13.1% YOY.IN APRIL, JLR RETAIL SALES WERE UP 12.1% IN UK AND UP 9.6% IN NORTH AMERICA.IN APRIL, JLR RETAIL SALES IN CHINA FELL 45.7%, FELL 22.3% IN OVERSEAS MARKETS AND FELL 5.5 % IN EUROPE.  Full Article

Tata Motors Says April Domestic Sales Of Tata Commercial & Passenger Vehicles Down 20 Pct
Thursday, 2 May 2019 

May 2 (Reuters) - Tata Motors Ltd ::SAYS APRIL DOMESTIC SALES OF TATA COMMERCIAL AND PASSENGER VEHICLES OF 42577 UNITS, DOWN 20 PERCENT.APRIL DOMESTIC SALES CONTINUED TO BE UNDER PRESSURE DUE TO LOW MARKET SENTIMENTS.M&HCV SALES IN DOMESTIC MARKET IN APRIL 2019 DECLINED BY 33%, AT 9,403 UNITS, COMPARED TO 14,028 UNITS SOLD IN APRIL 2018.SAYS APRIL DOMESTIC PASSENGER VEHICLE SALES OF 12694 UNITS, DOWN 26 PERCENT.SAYS APRIL DOMESTIC COMMERCIAL VEHICLE SALES OF 29883 UNITS, DOWN 18 PERCENT.L&LCV TRUCK SALES IN APRIL 2019 RECORDED A GROWTH OF 10% AT 3,546 UNITS AS COMPARED TO 3,229 UNITS SOLD IN APRIL 2018.SAYS APRIL SALES FROM EXPORTS WERE 1402 UNITS, DOWN 53 PERCENT.SAYS ON-GOING GENERAL ELECTIONS IMPACTED DEMAND GENERATION IN THE MARKET.  Full Article

Tata Motors Partners With Valvoline Cummins In India For Passenger Vehicle Lubricants
Thursday, 28 Mar 2019 

March 28 (Reuters) - Tata Motors Ltd ::TATA MOTORS PARTNERS WITH VALVOLINE CUMMINS IN INDIA FOR PASSENGER VEHICLE LUBRICANTS.  Full Article

Tata Motors Says JLR To Voluntarily Recall Certain Vehicles
Monday, 18 Mar 2019 

March 18 (Reuters) - Tata Motors Ltd ::JLR CONDUCTING VOLUNTARY RECALL AFTER IDENTIFICATION OF C02 PERFORMANCE VARIABILITY WITH CERTAIN 2016-2019 MY JAGUAR AND LAND ROVER UNITS.ALL AFFECTED VEHICLES WILL RECEIVE CORRECTIVE REPAIRS & SOFTWARE UPDATES & COSTS ARE NOT MATERIAL.  Full Article

UPDATE 1-Top Indian automakers plan production cuts amid industry crisis

BENGALURU, Aug 9 Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven the sector into one of its worst downturns.