Tata Motors said it is deploying over 100 mobile showrooms across the country as part of an initiative to offer doorstep car buying experience in the rural areas.
Tata Motors on Wednesday said it has commenced bookings for the Altroz DCA, the dual-clutch automatic version of the premium hatchback. The bookings for Altroz DCA can be done at all authorised dealerships of the company with an amount of Rs 21,000 and deliveries for the same will start from mid-March, the auto major said in a statement. The new version will be available in top three variants of Altroz -- XT, XZ and XZ+ of 1.2 litre petrol engine. "Taking our success story further, we wanted to delight our customers by introducing a world-class automatic transmission to the line-up in the form of the Altroz DCA," Tata Motors Passenger Vehicles' Vice President for Sales, Marketing and Customer Care, Rajan Amba noted. Altroz DCA comes with a wet clutch transmission, which ensures the best performance for all driving conditions. Altroz is the company's first vehicle which is based on the ALFA (Agile Light Flexible Advanced) architecture.
Closing Bell: The benchmarks were bogged down by Maruti Suzuki, Dr Reddy's Labs, Bajaj Auto, Hero MotoCorp, ICICI Bank, HDFC twins, Eicher Motors, and Sun Pharma
Auto stocks are likely to react to the monthly sales reported over the last two days. Tata Motors and M&M sales reported strong sales.
The company had dispatched 58,366 units in February 2021.
It had first grabbed the pole position in the SUV segment in October 2021 after the launch of the Punch, a sub-compact SUV offering
Tata Motors rolled out special edition version of its SUV models, including Punch and Safari, priced between Rs 8.58 lakh and Rs 20.99 lakh (ex-showroom)
LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.
Equity value of India business comprised of commercial and passenger vehicles now accounts for over half the value in SOTP calculations as compared to 0-30% two years ago
The Nifty Auto index can rally towards the 12,500-mark on a breakout above 11,900-level; base support seen around the 11,000-mark.
In a Q&A, Heavy Industries Secretary breaks down the nitty-gritty of the selection process
The Mumbai-based auto major is also bullish on the electric vehicle segment with sales expected to account for about 20 per cent of its overall dispatches over the next few years.
New entrants like Hop Electric Manufacturing Private Limited, Ola Electric Technologies Private Limited have also been selected under new non-automotive investor
This extension is aimed at expanding customer base and introducing premium styling and popular features, Tata Motors said in a statement
Bata India, Bharti Airtel, Data Patterns, Escorts, Godrej Consumer, Greaves Cotton, Gujarat Gas, IRCTC, J&K Bank, Jindal Steel, Latent View, NMDC, SJS Enterprises and TTML to report results today.
Firm's domestic automotive business accounts for 31% of consolidated net sales in Q3
Sectorally, the Nifty PSU Bank index ended in the red, down 0.6 per cent, as the Budget document remained silent on PSB privatisation
Tata Motors reported a consolidated net loss of Rs 1,451.05 crore for the third quarter ended December 31, 2021, dragged down by the impact of semiconductor shortage on its British arm JLR
The company guided for robust demand prospects with JLR order-book at 1.55 lakh units, which coupled with gradual improvement in chip availability to result in healthy profitability going forward.
It is optimistic of being a net debt-free company by 2024