Page 6 - Tata Motors

Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile

Going ahead, analysts at Motilal Oswal Financial Services see easing semiconductor supplies supporting PV wholesales, but the two-wheeler segment will take time to recover

Tata Motors, Eicher, Maruti: Will auto shares breakout for bigger gains?

Automobile shares may breakout after crossing significant resistances

Stocks to Watch: PayTm, RIL, DMart, NTPC, Zomato, auto, realty, airlines

Auto stocks are likely to be in focus as the stocks could react to the monthly sales numbers.

Maruti, Hyundai report decline in wholesales for Dec; TaMo, M&M see growth

Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 1,53,149 units in December 2021 as against 1,60,226 units a year ago. Its December 2021 domestic sales slipped 13 per cent to 1,30,869 units as against 1,50,288 units in December 2020. "The shortage of electronic components had a minor impact on the production of vehicles during the month. The shortage primarily affected the production of vehicles sold in the domestic market," MSI said in a statement. The company said sales of mini cars, including Alto and S-Presso, fell 35 per cent

Tata Motors' passenger vehicles biz hive-off comes into effect

The hiving off and transfer of Tata Motors' entire passenger vehicle undertaking to Tata Motors Passenger Vehicles Ltd have come into effect from Saturday, the homegrown auto major said on Saturday.

Tata Motors reports 50% jump in PV sales to 35,299 units in Dec

Homegrown auto major Tata Motors on Saturday reported a 50 per cent jump in total passenger vehicle sales to 35,299 units in December 2021.

M&M, TaMo aim to bolster product range, manage chip shortage next year

Riding on the success of their recent model launches, homegrown auto majors Mahindra & Mahindra and Tata Motors are looking to further strengthen their product portfolios in 2022. Both companies are also looking at ways to handle the semiconductor shortage in a better way next year so that the impact on the production is minimal. "We want to be the number one player in the core SUV segment, and the success across our product portfolio including the all new Thar, XUV300, Bolero Neo and the unprecedented response we have received for XUV700 is an indication that we are on the right track," Mahindra & Mahindra (M&M) Executive Director (Auto & Farm Sectors) Rajesh Jejurikar told PTI in an interaction. The company has already announced the launch of 13 new products by 2027, he added. "The next in line is the new Scorpio, which should come out next year, which will be our immediate focus," Jejurikar noted. The automaker has seen a strong demand rebound, especially for core, .

HC notice on Tata Motors' plea against rejection of cluster scheme bid

The TML's writ petition, filed through Karanjawala & Co, was listed before a division bench of Justices Vipin Sanghi and Jasmeet Singh

Third straight gain for Sensex, up 384pts, Nifty tops 17k; Medplus up 41%

The broader markets also finished with significant gains with the BSE Midcap & Smallcap indices up 1 per cent and 0.7 per cent, respectively. IT, financials and energy shares were the top gainers.

Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL

The Grey Market Premium (GMP) indicates a likely listing gain of 15-20 per cent for Medplus Health Services

Vehicle scrappage facility: Tata Motors joins hands with Maharashtra govt

The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up of the facility, the company said

From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'

This comes at a time when even after three months since announcement of winding-up of operations, Ford India could not reach a settlement with unions regarding a severance package for 4,000 employees

Tata Motors ties up with Bandhan Bank for passenger vehicle finance

Tata Motors on Wednesday said it has tied up with Bandhan Bank for retail finance for its range of passenger vehicles. As part of the tie-up, Bandhan Bank will provide loans to Tata Motors' customers at an interest rate starting from as low as 7.5 per cent, the automaker said in a statement. The scheme will offer a maximum of 90 per cent financing on the total on-road cost of the vehicle, it added. Customers can also enjoy a benefit of special EMI options with a repayment tenor of up to seven years and the bank has also designed certain exclusive features like zero charges on foreclosure and part payment, Tata Motors said. "This partnership is a part of our #FinancEasy Festival, wherein we are collaborating with multiple finance partners across India to make ownership of cars accessible, as well as a hassle-free process for the customers and thereby adding to the celebrations of this festive season," Tata Motors Passenger Vehicle Business Unit Vice President (Sales, Marketing & ...

Toyota Kirloskar Motor to hike prices across entire portfolio from January

Toyota Kirloskar Motor (TKM) on Wednesday said it will increase prices across its entire product portfolio from January, in order to offset the impact of rise in input costs.

Tata Motors, Ducati to hike prices from Jan to offset rising input costs

Tata Motors on Friday said it will hike prices of its entire passenger vehicle range from January in order to offset the impact of rising input costs.

Tata Motors 'to invest' Rs 7,500 cr in commercial vehicles, focus on EVs

Company reportedly working on a range of options that include short-range battery-operated vehicles for the last mile with small CV offerings

Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead

The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio

Top headlines: TaMo to hike CV prices; Centre regrets Nagaland killings

Business Standard brings you the top stories on Monday

Tata Motors to hike prices of commercial vehicles from Jan 1

Due to increase in the prices of commodities an increase in price by 2.5% will be implemented from January 1, 2022 , says the company

Tata Motors, Honda, Renault mulling price hike from next month

With input costs continuing to rise, automakers like Tata Motors, Honda and Renault are looking to increase vehicle prices from January next year to offset the impact. Already, car market leader Maruti Suzuki and luxury automakers Audi and Mercedes-Benz have announced to hike vehicle prices from next month. While Maruti said the price rise planned for January 2022 will vary for different models, Mercedes-Benz said its hike will be on select models by up to 2 per cent due to feature enhancement and rising input costs. On the other hand, Audi said its price increase effective January 1, 2022 will be up to 3 per cent across its entire model range owing to rising input and operational costs. When contacted over the issue, Tata Motors President Passenger Vehicles Business Shailesh Chandra said:"Prices of commodities, raw material and other input costs continue to rise. An appropriate price hike to at least partially offset this increase in costs seems inevitable in the near to short ...