Although this is common in two-wheeler space, it is likely to set a precedent for PV makers
Tigor is as much as Rs 65,000 cheaper than its immediate competition Swift Dzire from Maruti
To take place on private placement basis
Workers do not have any plans of affecting production or going on a strike
So far, less than 500 executives have been offered VRS, which roughly includes one year's salary
First vehicle may hit Indian market in 2019; pact aimed at developing vehicles for various EMs
It also unveiled its next generation car in the compact category, sedan Tigor as well as SUV Nexon
Tata Motors today said it is in talks with the world's largest auto maker Volkswagen for a possible partnership. The company is exploring various opportunities, including partnership in its new advanced modular platform (AMP) development, possibilities of a joint venture or a contract manufacturing with the German auto major, in its bid to scale up. "I can only confirm that we are in talks but nothing to be announced yet," Tata Motors CEO & MD Guenter Butschek told PTI here. When asked how far the talks have progressed, he said: "We are in the midst of discussions. We will let you know in good time." Explaining the rationale behind such a move, Butschek said although the company has set sights on becoming among the top three passenger vehicle makers in India by 2019, it might not be enough to get the scale up effects. "Even if we get a large scale in the national business we might still not be up to the mark as far as scale effects are concerned," he ...
The sports car to be sold under TAMO badge is expected to hit the market in 2017-18
The car will be on sale across the country in over 597 Tata Motors sales outlets
Begins/Workers at the Tata Motors plant at Sanand, who refused to take the company transport back home yesterday as a mark of protest, have approached the labour department here to help them negotiate their demands with the management. A tripartite meeting between the workers, labour department officials and the company representatives took place this afternoon to discuss the workers' demands related to wage hikes. Around 200 workers today met the labour commissioner here and complained that they have not received any wage hike since 2015. Another meeting has been scheduled for March 15. Hitesh Rabari, president of Bharatiya Kamdar Ekta Sangh Sanand (BKSS), the state labour department recognised labour union at the Tata Sanand plant said "We have been placing our demands before the management since the last one and a half years. Now, we want a definitive solution. The average worker salary here is around Rs 12,000 and given the rising cost of living and the prevailing wages in the ...
The stock was up 4% to Rs 467 on BSE, the largest gainer among Sensex and Nifty 50 index
Domestic sales of Tata Motors' commercial and passenger vehicles were at 42,679 units in February
Tata Motors has partnered with Microsoft to work on connected cars
First Indian OEM to tie up with the tech giant for new products
Tata Motors to showcase its first connected vehicle at Geneva Motor Show
The first vehicle showcasing the vision of the enhanced driving experiences will be unveiled at the Geneva International Motor show
Muted JLR outlook on currency-hedging losses, operational weakness activates thumbs-down
The two firms will work to make future proof cars; move will help Tata's Make in India initiative
Tata Motors, Parag Milk Foods, Intellect Design Arena, MT Educare and Panacea Biotec plunged up to 19% on BSE.