The surge could happen during the festive season
In the commercial vehicles segment, the company's domestic sales were down 2 per cent
Company sold 45,215 units in the same month last year
In its bid to be among top three players in the passenger car market, company plans to snap ties with inefficient dealers and phase out some products
Tippers are vehicles used in sectors like construction, mining and infra, and account for a third of medium and heavy commercial vehicles sales for Tata Motors
Designed to perform all tasks of a small pick-up truck, SuperAce has a payload of 1 tonne, and caters to both inter and intra-city transport
Despite intervention by Sharad Pawar & state labour minister no consensus was reached
The company said that the orders represented a healthy growth of over 80 per cent compared to last year in the orderbook position
Orders worth Rs 900 crore to be executed in FY17
SC has set aside the land acquired by the previous Left Front government in West Bengal for the Nano plant
Firm to increase platform sharing, find ways to weed out inefficiencies among component suppliers to pare costs
The new Jaguar F-Pace launched by Tata Motors-owned Jaguar Land Rover (JLR) last year has set a record as the fastest selling car in the company's history. As many as 30,000 models of the luxury car maker's first-ever sport utility vehicle (SUV) have been sold globally since the model hit the roads in mid-April. According to latest online data analysed by 'The Daily Telegraph', 1.6 million people have searched Jaguar's website for the F-Pace, and 370,000 have taken the time to specify exactly how they would configure the car down to the last detail. "The response to F-Pace around the world has been sensational. Demand for the car in the UK has exceeded our most optimistic assumptions," said Jeremy Hicks, JLR UK managing director. The company said about 90 per cent of the new model's buyers are new to JLR, attracting more buyers in the age range of 40 and 50. The figures will bring cheer as the company was keen to reduce its reliance on sales of Land Rover and bring Jaguar up to ..
Auto major is also working on a study, to phase out some of its models both in the passenger vehicle and commercial vehicle verticals
Brokerages maintain a buy rating on the company's stock stating that Jaguar Land Rover margins will bounce back in the coming quarters
Last week's move by billionaire investor Rakesh Jhunjhunwala, asking Tata Motors to disclose more, raises hopes
The stock moved higher to its 52-week high of Rs 523, up 4% on the BSE in early morning trade on Monday.
Sales up but surge in forex, other expenses
Jhunjhunwala cited the example of Infosys and other companies which disclose their hedges and the rate at which the hedging is done
Due to post Brexit adverse foreign exchange impacting its British arm Jaguar Land Rover
Raids have identified five manufacturers of Tata Motors counterfeit parts, packaging materials and stickers