TTM - Tata Motors Limited

NYSE - NYSE Delayed price. Currency in USD
9.16
+0.08 (+0.88%)
At close: 4:02PM EDT
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Previous close9.08
Open9.18
Bid9.17 x 2900
Ask9.20 x 3100
Day's range9.12 - 9.25
52-week range7.38 - 17.99
Volume1,260,819
Avg. volume1,665,995
Market cap5.627B
Beta (3Y monthly)0.90
PE ratio (TTM)4.73
EPS (TTM)1.93
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date2016-07-14
1y target est14.00
Trade prices are not sourced from all markets
  • Autonomous Vehicles: Jaguar Ties Up with BlackBerry
    Market Realist

    Autonomous Vehicles: Jaguar Ties Up with BlackBerry

    Jaguar Land Rover has partnered with BlackBerry to develop autonomous vehicles. BlackBerry will assist Jaguar in various areas via AI and machine learning.

  • Reuters - UK Focus

    UPDATE 1-UK carmakers urge Brexit delay rather than no-deal exit

    Britain should delay Brexit beyond Oct. 31 rather than leave the European Union without a deal, which would be particularly harmful to large carmakers, the head of the sector's industry body told Reuters on Friday. As Britain spins towards an election, Brexit remains up in the air more than three years after Britons voted to leave the world's biggest trading bloc in a 2016 referendum leading to the country's biggest political crisis in decades. The autos sector, the country's biggest exporter of goods, has been one of the most vocal opponents of a no-deal Brexit, warning that production would be hit with tariffs, border delays and new bureaucracy, ruining the viability of many plants.

  • JLR to launch 30 new vehicles in China over next two years
    Reuters

    JLR to launch 30 new vehicles in China over next two years

    Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday, seeking to build on a recent recovery in sales in the world's biggest auto market. JLR, owned by India's Tata Motors, said the models would include imported ones as well as products built by Chery Jaguar Land Rover, its local joint venture with Wuhu-based carmaker Chery Auto. The plan follows a 17% rise in JLR's sales in China in August and a 40% jump in July, after a more than 20% decline last year.

  • Reuters - UK Focus

    JLR to launch 30 new vehicles in China over next 2 years

    Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday, seeking to build on a recent recovery in sales in the world's biggest auto market. JLR, owned by India's Tata Motors, said the models would include imported ones as well as products built by Chery Jaguar Land Rover, its local joint venture with Wuhu-based carmaker Chery Auto. The plan follows a 17% rise in JLR's sales in China in August and a 40% jump in July, after a more than 20% decline last year.

  • Nifty, Sensex tepid on slowdown concerns; Tata Motors drags
    Reuters

    Nifty, Sensex tepid on slowdown concerns; Tata Motors drags

    Domestic stock markets and the rupee had plunged on Tuesday after data last week showed the economy grew at its weakest pace in over six years. Foreign investors pulled out 20.16 billion rupees ($281.99 million) from capital markets on Tuesday, according to NSE data. Trade sentiment globally remained subdued after data showed the U.S. manufacturing sector contracted in August for the first time since 2016 amid worries about a weakening global economy and rising trade tensions between China and the United States.

  • Why one auto watcher thinks Volkswagen buying a Tesla stake is a good idea
    Yahoo Finance

    Why one auto watcher thinks Volkswagen buying a Tesla stake is a good idea

    Greg Migliore, editor-in-chief of Autoblog, believes it'd be a 'brilliant move' for Volkswagen to really look at buying Tesla and it will give it a 'critical edge'.

  • ‘Tesla Killers’ Are Having A Really Hard Time Killing Tesla
    Bloomberg

    ‘Tesla Killers’ Are Having A Really Hard Time Killing Tesla

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.It’s a trope that’s been around roughly as long as Elon Musk has been in the car business: When a new electric vehicle is unveiled, it’s dubbed a potential “Tesla killer.”But from the flaming-out of Fisker to present day, Tesla has largely dominated the American electric-vehicle market. Musk has even managed to expand the company’s preeminence over the still small segment despite two new battery-powered luxury SUVs arriving in U.S. showrooms the last 10 months: Jaguar’s I-Pace and Audi’s e-tron.Their starts are the latest indications that legacy automakers aren’t assured instant success when they roll out new plug-in models. Tesla’s Model S and X have largely held its own against the two crossovers that offer shorter range and less plentiful public charging infrastructure. Jaguar and Audi also lack the cool factor Musk has cultivated for the Tesla brand by taking an aggressive approach to autonomy and using over-the-air software updates to add games and entertainment features.“If a customer is choosing the I-Pace over the comparable Tesla, they are making the conscious decision: I don’t want the Tesla,” said Ed Kim, an analyst at the car-market research and consulting firm AutoPacific. “You really have to be someone who doesn’t like Tesla, who doesn’t want the Tesla product, in order to go for this.”Tesla’s Model X and Model S each boast more than 300 miles of range, and the cheaper Model 3 travels 240 miles between charges. Jaguar’s $69,500 I-Pace is rated at 234 miles, and Audi’s $74,800 e-tron registers 204 miles.Formula EJaguar’s marketing team spent years laying the groundwork to introduce the I-Pace. In 2016, the brand joined Formula E, an open-wheeled, electric-powered race circuit similar to Formula One.“We had an electric car in our development plan -- the I-Pace -- at the time,” said James Barclay, Jaguar’s racing director. “We had to create an awareness about the fact that we had an electric car coming to market, firstly, and to showcase why you’d buy a Jaguar electric vehicle over something else.”Porsche and Mercedes-Benz are also joining Formula E for the 2019-2020 season to help generate buzz for the new all-electric models they have coming out. The circuit makes stops in cities including New York, Hong Kong and London, which the brands are banking on as major markets for plug-in cars.“City centers are where there’s going to be a really good application for electric vehicles,” said Kim McCullough, Jaguar Land Rover’s vice president of marketing for North America. “So having them be able to see something firsthand -- it starts the education process.”Little InfluenceBut while Formula E is drawing crowds of urban dwellers and a substantial audience on social media, all that buzz may not necessarily translate into showroom traffic.“Auto racing really comes as one of the last influencers, in terms of influencing people to buy whatever car they’re looking at,” according to AutoPacific’s Kim. If Jaguar is doing well in Formula E, it couldn’t hurt the I-Pace, he said. “But I don’t think it would have a huge positive impact on awareness of the vehicle.”Jaguar has sold an average of about 190 I-Pace crossovers a month since U.S. sales began. Tesla, by comparison, was delivering Model Xs at a clip of about 550 a month in its first year on the market, beginning in 2015, according to InsideEVs.com estimates.The Audi e-tron has been on the market in the U.S. for only four months, but during that time, it has averaged sales of about 745 units, InsideEVs estimates. In July, 3.5% of Audi’s U.S. sales were all-electric, and the company expects that number to climb to 30% by 2025.“We are confident that we are and will continue to deliver an offering that customers will want to be part of,” Cian O’Brien, the interim president and chief operating officer of Audi of America, said in an email.$3,000 IncentiveAfter initial efforts to nab electric-car buyers proved challenging, Jaguar has decided to attack Tesla head-on.The brand is offering Tesla owners a $3,000 discount on the I-Pace for the next month and a half. “This is all about capturing share of voice,” Stuart Schorr, a Jaguar Land Rover spokesman, said in an email. “The EV market is just at its infancy.”Jaguar is confident that I-Pace sales will improve.“Consumers, as a result of seeing our race program, do consider us to be a car brand they would consider for their electric car purchase,” said Barclay, the racing director. “Rome wasn’t built in a day, and for a premium automotive manufacturer with their first electric vehicle, it takes time in the market.”To contact the reporter on this story: Colin Beresford in New York at cberesford10@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Melinda GrenierFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters - UK Focus

    As UK accelerates post-Brexit freeport plans, trade secretary takes lessons from U.S.

    Britain is accelerating its post-Brexit plans to develop freeports to boost trade, Trade Secretary Liz Truss said on Thursday after meeting with U.S. Secretary of Commerce Wilbur Ross to discuss similar U.S. projects and a U.S-UK trade deal. Truss was due to visit the Port of Newark, New Jersey, one of roughly 300 U.S. freeports, on Friday as part of her first overseas trip after taking office two weeks ago. Freeports, also known as free trade zones, are areas where goods or raw materials can be stored or made into finished goods free of customs duties and taxes before being exported again.

  • Reuters - UK Focus

    UK July car sales fall to lowest since 2012

    Britain bought the fewest new cars since 2012 last month, an auto industry body said, blaming political and economic uncertainty as well as consumers' uncertainty about future environmental regulation. New car registrations in July dropped 4.1% year-on-year to 157,198, the lowest number for the month since 2012, while sales for the year to date were 3.5% lower at just over 1.4 million, the Society of Motor Manufacturers and Traders said. Sales of diesel-powered cars were down by more than a fifth, while petrol car volumes were stable and electric car sales were up strongly from a low base.

  • Reuters - UK Focus

    UPDATE 3-Ferrari shares fall after it fails to upgrade guidance despite earnings rise

    Shares in Ferrari went into reverse on Friday as the Italian luxury carmaker failed to lift its guidance for 2019 despite strong results in the first part of the year. For 2019, Ferrari forecasts its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to rise around 10% to between 1.2-1.25 billion euros. Chief Executive Louis Camilleri said there were several factors behind the decision not to lift earnings guidance.

  • Reuters - UK Focus

    UPDATE 1-Brexit meltdown? UK car investment tumbles but consumers resilient

    Investment in Britain's car industry has slumped due to fears about a disorderly no-deal Brexit, adding to signs of a manufacturing downturn even as consumers stay relatively resilient, surveys and company comments showed on Wednesday. Car makers see no deal as the worst possible option, the country's leading automotive lobby group said, while in the wider manufacturing segment a survey from the Confederation of British Industry said optimism among smaller British companies had tumbled to a three-year low in July.

  • Reuters - UK Focus

    UK car investment slumps over 70% on no-deal Brexit fears

    Investment in Britain's car sector fell by more than 70 percent in the first half of the year due to concerns about a disorderly Brexit, an industry body said on Wednesday, warning that leaving the EU without an agreement was the "worst outcome". The automotive industry, Britain's biggest exporter of goods which employs over 800,000 people, is one of the most vociferous opponents of a no-deal Brexit, fearing additional tariffs and bureaucracy could halt production. Investment fell to 90 million pounds ($109.50 million) in the first half of 2019 compared to 347.3 million pounds in the same period in 2018 and 647.4 million in the first half of 2017, the Society of Motor Manufacturers and Traders (SMMT) said.

  • Tata Motors first-quarter loss nearly doubles, JLR challenges continue
    Reuters

    Tata Motors first-quarter loss nearly doubles, JLR challenges continue

    Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, hit by an ongoing slump in car demands at home, as well as plant shutdowns and delays due to Britain's planned exit from the European Union. Tata completed the $2.3-billion acquisition of Jaguar and Land Rover in 2008, but the iconic British brand has been hit by a trend to move away from diesel cars towards cleaner fuels, as well as political and trade uncertainty related to Brexit. The Mumbai-based company plans to introduce electric variants for all of its JLR models by 2020.

  • UK government puts $620 million behind Jaguar Land Rover's EV push
    Engadget

    UK government puts $620 million behind Jaguar Land Rover's EV push

    The UK government is continuing its electric vehicle push by giving Jaguar Land Rover a £500 million ($620 million) loan guarantee to help advance its position as a global EV maker. This means that should Jaguar Land Rover default, the government will assume its debt obligations up to that amount. The funding pot, from UK Export Finance, is designed to give the UK a foothold in the EV market, and will help support Jaguar as it invests billions in building an electric XJ saloon at its Castle Bromwich factory. The car maker has also promised that from next year all of its models will be available in an electric version.

  • Why Formula E matters to brands like Porsche, Jaguar and Tag Heuer
    Yahoo Finance

    Why Formula E matters to brands like Porsche, Jaguar and Tag Heuer

    Despite Jean-Éric Vergne back to back world championship, the 2018-2019 Formula E season was especially exciting, resulting in a season that had 8 different winners over the span of 13 races. And while exciting is good for motorsports, that’s not the only reason why big manufacturers and brands spend small fortunes to compete in, and sponsor, motorsports.

  • Reuters - UK Focus

    Britain's Cornish Lithium turns to crowd funding

    Cornish Lithium, a battery minerals firm set up by a former City analyst, on Friday became the first British miner to launch a crowd funding campaign as it seeks play a role in securing strategic mineral supplies. Britain's mining industry is regarded by many as a thing of the past but a handful of companies are trying to revive it, particularly for the extraction of battery minerals, after government backing for a greener economy and less polluting transport. Jeremy Wrathall, a mining engineer who graduated from the Camborne School of Mines in Cornwall, southwest England, and became an analyst for Investec bank, set up Cornish Lithium in 2016 to use digital technology to reassess Cornwall's mineral wealth.

  • Reuters - UK Focus

    UPDATE 1-Jaguar Land Rover to build electric cars at UK plant

    Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty. Britain's biggest car company, which built 30 percent of the UK's 1.5 million cars last year, will make a range of electrified vehicles at its Castle Bromwich plant in central England, beginning with its luxury saloon, the XJ.

  • Jaguar Land Rover to build electric cars at UK plant
    Reuters

    Jaguar Land Rover to build electric cars at UK plant

    Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty. Britain's biggest car company, which built 30 percent of the UK's 1.5 million cars last year, will make a range of electrified vehicles at its Castle Bromwich plant in central England, beginning with its luxury saloon, the XJ.

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