|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||424.05 - 433.45|
|52-week range||357.95 - 563.00|
|PE ratio (TTM)||13.10|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
India wants to drastically increase its electric vehicle production in order to meet its 2030 goals, but still lags behind in adoption
REUTERS - The Nifty ended little changed on Tuesday after hitting a third consecutive high earlier in the day, as investors turned cautious ahead of key corporate results including from Wipro Ltd and Axis ...
Prime Minister Narendra Modi has kicked off India’s race to turn all new passenger car sales electric by 2030. The largest order has gone to a company that hasn’t commercially started producing the vehicles....
India's Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of its aviation business, its boss told television channel CNBC TV18 in an interview on Monday. Tata would "definitely look" at Air India once the government finalised the privatisation process, N. Chandrasekaran, chairman of Tata group’s holding company Tata Sons, told the channel.
REUTERS - Indian shares closed higher for a third straight session on Tuesday as automakers such as Tata Motors Ltd gained on strong monthly sales, while investors shifted their focus to the Reserve Bank ...
Head of Design at Tata Motors Pratap Bose (R) and zonal manager for Tata Motors in South India Suraj Subbarao pose for a photograph with the newly launched Tata Nexon SUV during a press conference in Bangalore ...
The Indian government on Friday said it will buy 10,000 electric cars from Tata Motors Ltd to start replacing petrol and diesel variants being used by its agencies. The total number of vehicles used by government agencies is around 500,000. Tata Motors will supply the cars in two phases starting in November.
Tata Motors Ltd. won an India government order for 10,000 electric cars as the country makes efforts to reduce emissions and curb fuel imports.
Jaguar Land Rover (JLR) will stop sourcing petrol engines from Ford's plant in Bridgend, Wales, after ending its current contract earlier than expected in 2020, creating uncertainty over around 750 jobs. "We have informed our unions that Jaguar Land Rover intends to end our petrol engine supply arrangement slightly earlier than expected in late 2020," Ford said in a statement.
New (KOSDAQ: 160550.KQ - news) vehicle lines from Jaguar Land Rover (JLR) will either be electric or hybrid from 2020, the luxury carmaker has revealed. It means new models developed by JLR will either be pure electric, or hybrids that combine electric and conventional engines. The company next year releases its first fully electric Jaguar - the I-PACE (LSE: 4031.L - news) .
Jaguar Land Rover is hopeful that exporters in Britain will be able to trade in Europe after Brexit without bureaucracy and red tape because politicians on both sides will want to do the best for their countries, its boss said on Thursday. JLR, owned by India's Tata Motors (BSE: TATAMOTORS.BO - news) , is Britain's biggest carmaker. "I'm absolutely convinced that the politicians on both sides, continental Europe but also the UK, are interested to do the best for the society," Chief Executive Ralf Speth told BBC Radio.
All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain's biggest carmaker said on Thursday, as it speeds up plans to electrify its model range. Last year, the company, owned by India's Tata Motors (BSE: TATAMOTORS.BO - news) , said it would offer greener versions of half of its new line-up by 2020, but it has now ramped up its plans. Demand for electric models continues to rise sharply and in July Britain said it would ban the sale of new petrol and diesel cars from 2040 to cut pollution, replicating plans by France and cities such as Madrid, Mexico City and Athens.
Tata Motors (BSE: TATAMOTORS.BO - news) will invest more than 40 billion rupees ($625 million) to boost sales of its passenger and commercial vehicles, its chief executive said on Monday, as the Indian automaker looks to return to profit in its domestic business. The company has committed to invest 25 billion rupees in its car unit and will pump more than 15 billion rupees into its trucks and bus business this year and annually over coming years, CEO Guenter Butschek told reporters in Mumbai. Tata Motors, maker of the loss-making Nano small car, will focus on reducing costs, launching new products and ramping up production volumes over the next six to nine months as part of its turnaround plan, Butschek said.
Britain's biggest car maker has reported a 14% drop in sales in the UK but strong growth in China. Jaguar Landrover (JLR) said it had seen a sharp fall in underlying profits due to higher costs and pay increases. Profit before tax and one-off items was £157m, down from £348m the previous year, mainly due to higher costs and pay increases.
India's Tata Motors Ltd (BSE: TATAMOTORS.BO - news) reported a 42 percent rise in quarterly profit thanks to a one-off gain related to changes to Jaguar Land Rover's pension plans, masking a fall in the carmaker's income. The company said its total income fell about 10 percent to 599.72 billion Indian rupees ($9.4 bln) in April-June, as its operating performance was hit by lower wholesale volume sales of Jaguar Land Rover, excluding sales from the group's China joint venture, and a slowdown in its heavy vehicle business, among other factors. "... the first quarter results have not met our expectations," Tata Motors Chief Executive Guenter Butschek said in the results statement.
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. Britain's biggest carmaker, which already operates a plant in China as part of a partnership with Chery, said the new facility was part of a 10.9 billion yuan ($1.6 billion) investment with the Chinese automaker. "The new engine plant demonstrates Jaguar Land Rover’s long-term commitment to the Chinese market, providing customers with an exciting range of vehicles and powertrain options, as well as to its joint venture," JLR said in a statement.
Britain's biggest carmaker Jaguar Land Rover (JLR) said on Thursday it is to build its new E-PACE (LSE: 4031.L - news) compact sport utility vehicle in Austria and China, the first of its cars only to be manufactured outside of its home market. JLR said its three British plants were either full or at near capacity but the decision will spark fears the firm is looking to boost its output by using overseas operations, rather than invest in greater capacity at home. The British company, owned by India's Tata Motors (BSE: TATAMOTORS.BO - news) , is rapidly expanding its production levels and model line-up and decided in 2015 to build a major new plant in Slovakia, rather than expand its operations in Britain.
Jaguar Land Rover is working with the band Gorillaz to recruit over 1,000 electronic and software engineers.
Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election. JLR, which employs more than 40,000 people globally, said it would hire 1,000 electronic and software engineers as well as 4,000 additional personnel including in manufacturing, most of whom will be based in Britain. The recruitment process will take place over the next 12 months, during Britain's talks to leave the European Union, which carmakers have warned must result in a deal which retains free and unfettered trade to protect jobs.
Britain's biggest carmarker Jaguar Land Rover said on Thursday that Slovakia's offer of state aid to secure the construction of a 1 billion-pound plant falls within EU guidelines after officials launched ...
EU state aid regulators opened on Wednesday an investigation into Slovakia's plan to grant 125 million euros ($139.7 million) to Tata Motors (BSE: TATAMOTORS.BO - news) ' luxury British arm Jaguar Land Rover, saying they had concerns about the legality of the measure. The Slovakian aid is related to Jaguar Land Rover's 1.4- billion-euro investment in a car manufacturing facility in the region of Nitra, which aims to make 150,000 cars yearly. The European Commission said it would investigate whether the project was triggered by other factors and whether the subsidy prompted the car maker to invest in Slovakia rather than in another EU country.
Tata Motors in December witnessed a 96 percent fall in quarterly profits due to India's cash ban that had rendered 86 percent of the country's cash reserves "illegal and void" overnight
India's Tata Motors (BSE: TATAMOTORS.BO - news) reported a 17 percent fall in fourth-quarter net profit on Tuesday as losses in its domestic business outweighed strong sales at luxury British arm Jaguar Land Rover (JLR). Consolidated (Berlin: 28568634.BE - news) net profit for the three months to March 31 fell to 43.36 billion rupees ($668.72 million) from 52.11 billion rupees a year earlier. Analysts had expected a profit of 26.95 billion rupees, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.