Showing posts with label Tata Motors. Show all posts
Showing posts with label Tata Motors. Show all posts

Tata Motors launches its Connecting Aspirations – Moon TVC on the occasion of ‘The Super Blue Blood Moon’


-An unique campaign which rides on once in a lifetime celestial concurrence witnessed after 150 years-

Mumbai, January 31, 2018: Tata Motors launches its all new #ChaseTheSuperMoon campaign. Built on the Company’s brand philosophy, the ‘Moon’ TVC was created with the view of communicating the brand tagline ‘Connecting Aspirations’ to all. In the TVC, ‘Reaching for the moon’ was used as a symbolic depiction of people in different Tata Motors’ vehicles chasing a massive moon on the horizon and finally reaching up to it, as their aspirations.
The Super Blue Blood Moon is the trifecta of a Blue Moon, a Lunar Eclipse and a Super Moon, a sight one gets to witness rarely. To celebrate the Tata Group’s 150th year and to pay tribute to this once in a lifetime event this once-in-a-lifetime phenomenon, the new TVC will go live today – on a night, which will also witness the occurrence of an extremely rare celestial event taking place after 150 years – ‘The Super Blue Blood Moon’.

As part of this campaign, Tata Motors will release #ChaseTheSuperMoon video across social platforms. Additionally, the Company will also host a contest wherein the digital audience will be asked to capture and share their moment with the super moon. From the entries received, the Company will showcase selected best photos on its social media pages.

About Tata Motors

Tata Motors Limited, a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Read More »

Tata Motors delights its customers in 2018 with industry first, ‘Best-in-class Warranty’ for its Medium & Heavy Commercial Vehicles

First company in India to offer Standard Driveline Warranty of 6-Year/6 Lac Kms on Cargo trucks and 6-Year/6000 hours on Tippers

January 3, 2018: Tata Motors has ushered in 2018 by providing a delightful experience for its discerning customers. The company has announced the first-of-its-kind ‘Best-in-class Warranty’ for 6 years for the entire range of Tractor-trailers, Multi-axel Trucks & Tippers of 16 tonnes and higher GVW (Gross Vehicle Weight). Tata Motors is the first company in India to introduce a standard driveline warranty of 6 years on the entire M&HCV range. This is a clear testament of the reliability, durability and technological supremacy of Tata Motors Trucks complemented by the trust reposed by the customers. 

Additionally, the drivelines (engine, gearbox & rear axle) comes as a standard offer, while the warranty on the overall vehicle has been enhanced from 24 months to 36 months.

Commenting on this latest Customer Experience Excellence, Mr. Girish Wagh, Head, Commercial Vehicle Business Unit said, "For more than 70 years now, Tata Motors has been pioneering new technologies, products and value added services. The 6-year (6-Y) Warranty is another industry first, in our pursuit of offering better lifecycle benefit for our customers. We are pleased to offer the new warranty on our Medium & Heavy Commercial Vehicles to our customers while reiterating our commitment behind the quality of our vehicles – including the ones that are subject to the hardest use. With this announcement we also assure customers of greater benefits and hassle free business on availing long term (6Y) Annual Maintenance Contracts. Together, 6-Y warranty and 6-Y AMC will ensure lifetime peace of mind to our customer. We believe it’s a perfect way to delight our customers in 2018 and reward them for their trust and loyalty."

The 6-year standard driveline warranty is designed based on the study of operation in lifecycle of over 20 lakh Tata trucks & tippers operating all over the country, in varied terrain, applications  and loading conditions. The 6-year warranty is supported across Tata Motors extensive dealership & service network of over 1800+ touch points with service facility at every 50 kms across the country. Warranty is transferable on resale for balance period to second owner subject to vehicle transfer or hand change being intimated to Tata Motors and vehicle condition certified by TATA OK.
To provide a wholesome after sales experience, Tata Motors provides its customers with over 26 initiatives, including:

Tata Alert: Road Side Assistance program for ICV, M&HCV range of trucks & buses plying along Golden Quadrilateral, N-S/ E-W corridor, National Highways & State highways. Customers are offered restoration of Vehicles within 24 hrs. If Vehicle is not delivered within 24 hours, Rs. 1000/ is paid for each day as compensation.

Customer Care App: Single window mobile application which gives access to a host of features including emergency SOS, Service Booking facility, Maintenance tips, Service History, Dealer location GPS Trip Meter etc.

Tata Suraksha: A comprehensive Annual Maintenance Contract with complete ownership of vehicle routine maintenance and repairs with customized and flexible options as per customer’s application ranging from Bronze to Platinum Plus offerings including variable packages of spares, service and labour.

Tata Fleetman: A state-of-the-art Telematics solution with advanced features like Real Time vehicle tracking, Geo Fencing, Trip Management, Fuel Consumption and Fuel Theft monitoring, Driving pattern monitoring, Driver Performance Management and Vehicle health monitoring aided by customized analytics reports and digital alerts.

Tata Loyalty Program: Tata Delight for retail customers and Tata Emperor for key customers, this is a first ever Customer Loyalty Program in Commercial Vehicle Industry in the world. Tata Loyalty Program is through free automatic enrollment after vehicle purchase and has unique benefits like:
Earning TATA points against all spends at the TATA Motors Dealers, TASS and Program Partners
TATA Points redeemable against future spends at TATA Motors Dealers, TASS and Program Partners or as gifts


Accidental & hospitalization benefit through an unnamed insurance policy for drivers linked to the vehicle
Exclusive privileges for customers and their stakeholders (drivers, mechanics)
Tata Prolife: Tata Prolife is a pioneering after-market product support initiative for TATA Motors' customers. In this, the customer is provided with reconditioned aggregates in exchange of old aggregates subject to simple acceptance norms. Use of Prolife aggregate ensures OE like performance of the vehicle even after the first life cycle.
Tata Kavach: This programme provides an assured accident repair time to customers. The key feature of Tata Kavach is assured repair time of 15 days for accident repairs. If repairs are not completed within the assured time, a TGP coupon per day would be payable for certain types of vehicle models & repairs.
Service Onsite: To meet tight project schedules, tippers are deployed on-site, which are away from town-based dealers or TASS, get on-site service through on-site packages.
Mobile Service Van: With this service, customers can avail quick services at their doorstep.
Mobile Workshop & Container Workshops: 165+ Mobile Workshops and 360+ container workshops across India provide onsite service to vehicles, to save time and cost of repair.
Read More »

Tata Motors domestic sales grows by 5% in October 2017



Mumbai, November 01, 2017: Tata Motors Limited, a leading global automobile manufacturer today announced growth in October 2017, driven by strong sales performance in Pick-up (45%) & ILCVs (7%). The domestic Passenger and Commercial Vehicle Business, recorded a growth of 5% at 48,886 units, in October 2017, compared to October 2016, last year. This is at the back of festive demand across segments, increased positive customer sentiments and introduction of new products.

Commenting on the sales performance, Girish Wagh, Head, Commercial Vehicle Business Unit, Tata Motors said, “Tata Motors domestic Commercial Vehicle business grew by 7% over October 2016 on the back of strong product portfolio across segments and a further ramp-up in production. With increasing acceptance of our SCR technology, infrastructure development and higher demand for our new high tonnage vehicles especially the 37T multiaxle trucks and 49T tractor trailers, our M&HCV segment grew by 8% over last year. The I&LCV segment witnessed a growth of 7% in October 2017, with the new product introductions including the Ultra range. Pick up segment witnessed a consistent strong growth of 45% in October 2017 with Tata Xenon Yodha & ACE Mega XL gaining traction with increased demand across markets. With our business turnaround, our commercial vehicle business will continue to be our key focus and we will undertake appropriate measures to improve our performance across segments and cater to the discerning needs to our customers.”

Commenting on the sales performance, Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said, “Commenting on the sales performance, Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said, “We continue to keep the sales momentum going, led by a strong product pipeline of Tiago, Tigor, and Hexa. We have successfully completed the launch of Nexon across the country and are delighted with the response and it is currently witnessing a waiting period of around 8 weeks. While we have grown, we could have done better had it not been for the long holiday season. We will maintain cautious optimism in the market and hope to see this momentum continue.”


Domestic - Commercial Vehicles

Tata Motors’ overall commercial vehicles sales in October 2017, in the domestic market were at 32,411 nos., higher by 7% over October 2016. The sales grew on the back of a further ramp-up of production, growing demand for newly launched products and higher customer uptick owing to increased consumption across sectors, coinciding with peak festive season buying trends across segments. Cumulative sales growth of commercial vehicles in the domestic market for the fiscal (April-October 2017) were at 193,782 units, a growth of 5%, compared to 184,871 units, in the same period, last fiscal.

The M&HCV trucks segment grew by 8%, at 11,391 nos., in October 2017. This segment witnessed growth in demand due to increasing acceptance of Tata Motors’ SCR technology, infrastructure development led by government funding and restrictions on overloading creating greater demand for new high tonnage vehicles, especially for new 37T multi-axle trucks and 49T tractor trailers.   

The I&LCV truck segment also saw an upward trend and grew by 7% at 3,760 units in October 2017, driven by the performance of new product introductions.


The pickup segment at 5,604 units in October 2017 reported a strong growth of 45% with the Tata Xenon Yodha and ACE Mega XL gaining acceptance and demand across markets while the SCV cargo segment with sales at 8,413 units, remained flat, over last year. The passenger carrier (including buses) segment sales were at 3,243 units were lower by 17%, over October 2016, as the fresh purchase from STUs and the release of permits have been subdued. 

Domestic - Passenger Vehicles

In October 2017, Tata Motors passenger vehicles, recorded sales of 16,475 units, growth of 1%, over October 2016. This was supported by continued good performance of new generation vehicles Tiago, Tigor, Hexa and an excellent response received for the newly launched compact SUV, Nexon.

Cumulative sales growth of passenger vehicles in the domestic market for the fiscal (April-Oct 2017) were at 97,892 units, a growth of 10%, compared to 88,976 units, in the same period last fiscal. 

Exports

The company’s sales from exports was at 4,311 nos., in October 2017, a decline of 32%, due to continued drop in TIV in Sri Lanka (by 53%) and Nepal (by 46%).

Read More »

Tata Motors gears up to take the lead in manufacturing state-of-the-art commercial vehicles



As market leaders in the Commercial Vehicles (CV) segment, Tata Motors has yet again taken the lead in shaping the Indian CV industry. The company posted a strong growth of 34 percent for the month of August 2017, and at 10,926 units, the M&HCV segment grew by 52 percent. The strong pick-up in demand is driven by continuously increasing acceptance of the SCR technology for better fuel-efficiency, and y stricter implementation of regulatory norms on overloading, as well as sector specific (Trucks and Construction Tippers) demand. The company focuses on designing a smart fleet of heavy trucks to enhance driver comfort and safety. As per the Safety Road Map, by Ministry of Road Transport the company made Anti-lock braking system (ABS) compulsory in all commercial vehicles of N3 & M3 category. The domestic CV sales continued growth momentum second month in a row after tepid Q1 of FY18. 

 Garuda Transport Pvt Ltd (GTP) based out of Korba in Chhattisgarh has  1500+ Medium and Heavy vehicles including trucks, mixers and tippers in its fleet. Operational all over India, specializing in mining, transportation & power generation, GTP forms an important and major source of opinion in Korba, Jhanjgir- Champa customers. With 65% of the its fleet comprising Tata Motors vehicles, Capt. Ashwin, Chief Financial Officer, Chhattisgarh, Garuda Transport Pvt. Ltd., shares his experience, “Tata Motors vehicles are much better than other vehicles. I have bought 75 units of 4923 SIGNA, and am very happy with its fuel efficiency and mileage. Where other vehicles breakdown in mining areas, Tata vehicles are reliable and sturdy. Tata Motors’ driver education camp on SCR technology is valuable as well.” He further adds that with a reliable and proven power train, Tata Motors vehicles offers its customers better productivity and lowest cost of operations, for a construction vehicle. Multiple options of aggregates combinations and load bodies make the vehicle a versatile workhorse for various applications.


Mr. R.T. Wasan, Head –Sales & Marketing, Commercial Vehicles, Tata Motors Ltd. commented, “Selling a vehicle does not end with sales, in-fact it starts with it. Many truckers have stories to share on how a single truck of TATA Motors transformed their lives for good, with several of them having got their next generation to join the business. Our value for customer relations makes us a learning organization, which is constantly evolving its services. Enabling key account customers to ease their business with one stop key accounts portal, exclusive multiple tiers emperor loyalty with many more partners to redeem the points, joint engagement, and involving them in the future product decisions, are some of the initiatives we have been carrying on, thereby strengthening the relationship.”

Huge investments in infrastructure and industry will surely offset any contraction in demand due to consolidation and free movements. At the aggregate level, industry will witness a boom post Sep’17 and the growth story should continue for the next 2-3 years. India is now moving towards rated load regime. This means that more trucks are required to carry similar loads and the cost/ ton/ km will go up. Manufacturers of commodities like steel, coal, cement have been stressing on lower freight rates. All this will lead to the migration from low tonnage points to higher tonnage point vehicles.

Tata Motors is all set with its 31Ton, 37Ton, 40Ton and 49Ton range in the M&HCV segment of fuel efficient offerings, and is actively working towards converting the existing transporters to higher tonnage vehicles so that the efficiencies can set in and road transportation remains competitive vis a vis rail or other modes.

Read More »

Tata Motors launches its much-awaited lifestyle SUV - Tata NEXON

Tata Motors launches its much-awaited lifestyle SUV - Tata NEXON

Photo caption 1 - Mr. Vivek Srivatsa, Head - Marketing, Passenger Vehicle Business Unit, Tata Motors  and Singaravelu Rajasekaran M, Regional Manager, Tamil Nadu, Passenger Vehicle Business Unit, Tata Motors at the launch of the Bold and Sporty – Tata Nexon in Chennai



Photo Caption 2  - Mr. Vivek Srivatsa, Head - Marketing, Passenger Vehicle Business Unit, Tata Motors at the launch of the Bold and Sporty – Tata Nexon in Chennai

 

The LEVEL NEX of SUVs is here!

Chennai September 25, 2017: Tata Motors today announced its entry into the growing Compact SUV segment with the commercial launch of its new Gen-next lifestyle SUV, the Tata NEXON.

Tata Motors launches its much-awaited lifestyle SUV - Tata NEXON

Tata Motors launches its much-awaited lifestyle SUV - Tata NEXON


Targeted at the personal car buyers, the Tata NEXON is the 4th product based on the ‘Impact Design’ philosophy. It brings together global and contemporary design with best-in-class technology and features for the ones who would like to express themselves with a unique style of their own. Keeping customers and their aspirations at the heart of the business, the Tata NEXON will deliver an emotional elevation through more individualized experiences in the passenger vehicles market.

With an introductory price of  Rs. 597315 ex-showroom Chennai, for the petrol variant and at Rs. 697509, ex-showroom Chennai, for the Diesel variant, the Tata NEXON is the most competitively priced SUV in this segment, with class-leading features. Starting today, the Tata NEXON will be on sale, across 650 Tata Motors authorized sales outlets in India.  

Mr. Vivek Srivatsa, Head - Marketing, Passenger Vehicle Business Unit, Tata Motors said, “We are redefining the SUV segment in India, NEXON will fulfill both aspirational and practical requirements of our new generation customers who want to experience the LEVEL NEX of SUVs. With its unique styling and the most appreciated feature set, the NEXON is a winner and a perfect car for the urban, young customers. It is a sporty SUV with extremely contemporary styling engineered to deliver excellence with dynamic handling, sporty performance, smart connectivity and comfort along with advanced safety features. Reinforcing the lineage of our path breaking offerings, NEXON highlights our positive outlook in expanding our market presence by attracting a self-motivated and younger base of customers. With the new turnaround strategy in place, we are working with renewed focus and energy to improve our market share and bring products faster to market.”

The Tata NEXON is a revolutionary design of “Breaking the BOX” with an aerodynamic silhouette. This design element of the car enhances its sporty character and represents the evolution of the SUV design featuring the practicality of an SUV with style of a sports coupe.

Available in four variants – XE, XM, XT, XZ+, the Tata NEXON will come in five exciting colour options – Vermont Red, Moroccan Blue, Seattle Silver, Glasgow Grey and Calgary White and will come with a standard warranty of 75000 kms or 2 years, whichever is earlier.

 

About Tata Motors

Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Read More »

Tata Motors rolls out an aggressive marketing activation for its ‘LEVEL NEX’ SUV – NEXON Skill Arena


A specially curated customer experience platform to introduce the new bold and sporty compact SUV, NEXON

Delhi, September 19, 2017: Tata Motors is all set to bring the Nexon Skill Arena (NSA) to Delhi from 23rd to 24th September 2017. NSA is an immersive product engagement experience for the Company’s ‘LEVEL NEX’ SUV – NEXON. The NEXON Skill Arena, has been designed for a first-hand experience of the NEXON’s power, versatility and other exceptional capabilities. This platform, will also provide customers with the opportunity to book the bold and sporty SUV. Scheduled to be launched on 21st September, the NEXON has been the most awaited compact SUV of this festive season.

Tata Motors rolls out an aggressive marketing activation for its ‘LEVEL NEX’ SUV – NEXON Skill Arena


The NEXON Skill Arena will be held at Sector 29 Race Track, Gurgaon and will be attended by the company’s existing and prospective customers. The NEXON Skill Arena comprises of four zones; Explore, Skills Arena, Fun and Test Drive. Each of these zones give customers an opportunity to get up-close with the NEXON and experience its capabilities.

Mr. Vivek Srivatsa, Head – Marketing, Passenger Vehicle Business Unit, Tata Motors said, “Our 4th product on the company’s ‘Impact Design’ philosophy, the Tata Nexon brings global and contemporary design with best-in-class technology and features for the ones who would like to express themselves with a unique style of their own. With all class leading features under one hood, we are supremely confident about the performance and capabilities of the NEXON. And that is why, we have rolled out an exciting platform – NEXON Skill Arena to enable our customer to come and experience this dynamic SUV. Through such innovative formats, our focus is to help our customers touch, feel and experience the product which in turn would enhance the customer purchase experience and further strengthen the brand perception.”

The specially curated Skill Arena will offer exciting obstacle courses like the alternate wheel balancing, slalom through traffic cones, parallel parking, driving on rumblers and tilted ramps. Each challenge has been designed to test the power, stability and the driving experience of the NEXON. This entire experience is gamified where customers get an opportunity to showcase their driving skills

Through this gamified experience, customers will get the opportunity to compete and showcase their driving skills while aiming to stamp their authority at the top of the leader board. Time taken to complete the obstacle course and the quality of drive using Nexon features, will influence the leading score.


About Tata Motors
Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia. 
Read More »

Tata Motors Launches TIAGO Wizz



A festive season special celebration edition

September 12, 2017: To mark the overwhelming success of TIAGO and usher in the festive season, Tata Motors today announced the launch of the limited-edition TIAGO Wizz. Featuring a more sporty, dynamic, young and confident style, this new edition is priced at INR 4.52 lakhs for the petrol version and INR 5.30 lakhs for the diesel version (ex – showroom Delhi), inclusive of the accessory kit.


Tata Motors Launches TIAGO Wizz


According to Mr. Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors - “Festive season is all about celebrations and we want to partner with our customers to provide them the joy of mobility. With the TIAGO Wizz limited-edition, we want to celebrate the success of TIAGO and begin the festive season with something special for our current and potential customers. The TIAGO truly has been the ultimate game changer for Tata Motors. With robust demand since its launch, it has helped us post a month on month growth. Additionally, the introduction of the AMT variants brought in a new set of customers, further consolidating our position in the hatchback segment. With nine exciting new features, the TIAGO Wizz is yet another step towards making the brand more aspirational.

The TIAGO Wizz comes with new style quotient:

1.    Striking contrast black roof and spoiler
2.    Stylish dual-tone wheel cover with red accent
3.    Unique berry-red grill highlights
4.    Black contrast colored outside mirrors
5.    Dual-tone interiors with piano black finish & sporty red accent
6.    Sleek roof rails
7.    New patterned seat fabric
8.    Stylish blackout on B pillar

Other key feature:

9.    1.2L Revotron petrol and 1.05L Revotorq diesel engine
10. Multi drive mode- Eco & City
11. Front & rear power windows
12. Remote central locking with flip key
13. Harman infotainment system
14. Bluetooth connectivity
15. Rear parking sensors with display
16. Turn by Turn Navigation
17. Juke-Car App
18. 22 Intelligent utility spaces

Taking the hatchback segment by storm since its launch, with its class leading design and technology, the TIAGO has been the most awarded car of the year and has been a key contributor in the recovery of Tata Motors’ passenger vehicle business unit. 

Read More »

Dr. Tim Leverton to disengage from Tata Motors and relocate to UK for personal reasons



Tata Motors today announced that Dr. Timothy (Tim) Leverton, President and Chief Technical Officer has decided to disengage from his services in the organization as he wishes to relocate back to UK for personal reasons.

Dr. Leverton has been associated with Tata Motors since 2010 working out of the Tata Motors Engineering Research Centre in Pune.

Commenting in this regard, Guenter Butschek, CEO & MD, Tata Motors said, "It has been wonderful working with Tim during my tenure and it is indeed a loss that he has decided to leave and move back to UK for personal reasons. Tim has actively led the research and development initiatives of Tata Motors and we thank him for his invaluable contribution. We wish him the very best in his future endeavours."

Dr Tim Leverton will continue to remit his responsibilities till October 31, 2017. The successor to Dr Leverton will be announced in due course of time.

About Tata Motors 
Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
Read More »

Tata Motors domestic sales grows by 26% in August 2017



Driven by strong growth in Commercial Vehicles at 34% & Passenger Vehicles at 10%

September 01, 2017: Tata Motors passenger and commercial vehicles total sales (including exports) in August 2017 were at 48,988 vehicles, higher by 14% over 43,105 vehicles sold in August 2016.

The company’s domestic sales of commercial and passenger vehicles for August 2017 were at 45,906 nos., higher by 26%, over 36,510 nos., in August 2016, due to growing demand across segments and increased positive customer sentiments.

Commenting on the sales performance, Mr. Girish Wagh, Head – Commercial Vehicle Business Unit, Tata Motors, said, “In August, 2017, our commercial vehicles grew by 34% over last year.  The increased imposition of restrictions on overloading, growing momentum in the infrastructure, mining and construction segments and continued increasing acceptance of the SCR technology has further boosted the demand in the M&HCV segment resulting in a robust 52% growth.  TML performed strongly in the Pickup and SCV segments on the back of the establishment and ramp up of new products such as the Yodha and XL ranges, growing 55% and 25% respectively. In the ILCV segment, a strong festive season demand and new product interventions helped deliver a 44% growth in volumes. In line with our turnaround strategy, we will be introducing new products and will continue to undertake appropriate measures to improve our performance across segments”

Commenting on the sales performance, Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said, “Tata Motors sales continues to grow on a positive course at the back of strong performance of the new generation cars like TIAGO, TIGOR and HEXA. With Ganesh Chaturthi, we have entered the festive season and we expect the growth momentum to continue.”
Domestic - Commercial Vehicles
The overall commercial vehicles sales in August 2017, in the domestic market were at 31,566 nos. higher by 34% over August 2016. The sales grew on the back of growing demand across segments supported by the continued ramp-up in production of BSIV vehicles since April this year. The company also passed on the benefits of GST to consumers by reducing the prices of its vehicles across all commercial vehicle segments.

The M&HCV segment saw a strong growth of 52%, at 10,926 nos., in August 2017, over 7,190 units, in August 2016. This segment witnessed strong pick-up in demand on the back of continuously increasing acceptance of the SCR technology, and driven by stricter implementation of regulatory norms on overloading, as well as sector specific (Trucks and Construction Tippers) demand.

The I&LCV truck segment also saw an upward trajectory, at 3,881 nos., grew by 44%,  over 2,703 vehicles, sold in August 2016, due to increased buying with the onset of festive season. Tata Motors Passenger Carriers sales (including buses), in August 2017 were at 4,078 nos., declined by 4%, over 4,238 units, in August 2016, largely due to delay in procurement from the State Transport Undertakings.

The SCV cargo and pickup segment continued the growth momentum at 12,681 nos., higher by 35% over 9,377 units, last August 2016, on the back of growing demand for new product introductions of the XL range of Tata Ace and the Tata Xenon Yodha pickup.

Domestic - Passenger Vehicles
In August 2017, Tata Motors passenger vehicles, in the domestic market, recorded sales at 14,340 nos., grew by 10%, over August 2016, bolstered by the strong demand for the Tata Tiago and the Tata Tigor. The car segment remained flat at 11,462 nos., and the UV segment grew by 84% at 2,878 nos., driven by the Tata HEXA.  

Cumulative sales growth of all passenger vehicles in the domestic market for the fiscal were at 64,131 nos., a growth of 10%, compared to 58,064 nos., in the last fiscal.

Exports
The company’s sales from exports was at 3 082 nos. in August 2017, a decline of 53%, compared to 6,595 vehicles sold in August 2016, due to continued drop in industry volumes in Sri Lanka and Nepal.

About Tata Motors:
Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia. 
Read More »

Tata Motors announces new Corporate Brand Identity - ‘Connecting Aspirations’



August 21, 2017 - Tata Motors has always kept customers and their aspirations at the heart of its business. The company has always been at the forefront to create innovative mobility solutions, across passenger, commercial and defence vehicles, thereby creating new benchmarks in the industry. As a powerhouse of strong talent, manufacturing footprint and R&D centres across the globe, Tata Motors has an overarching presence in the auto world.

Coming from the House of ‘Tata’, with the solid foundational framework of core values and philosophy, the brand of Tata Motors has an instinctive and unique trait of understanding the needs and aspirations of everyone associated with the brand. Being spread across multiple vehicle lines and geographies, the company, over the years, has felt the need of a common brand promise. This dictates the way the Tata Motors Brand should communicate with the internal as well as external stakeholders and this insight into the character of the brand has led to the creation of a unifying idea for Tata Motors that works as an all-encompassing guiding principle across business units.

After the company embarked on a transformation journey during last year, a comprehensive project on ‘Corporate Branding’ was launched with the support of an external agency. The team undertook a thorough analysis of the existing and the desired future state of the company, gathered a lot of market intelligence and captured the much-required organizational voice, to establish a common theme underlying within the company’s existence.

A detailed review of the recommendations put up to the Tata Motors Executive Committee led to the
conclusion and the careful selection of the Brand promise – ‘Connecting Aspirations’.

‘Connecting Aspirations’ represents the personality of the brand as an interconnected system of mobility solutions that are intelligent, perceptive, warm and expressive. It’s a symbolic tagline that is the past, present and future, it’s humble and bold, it’s a statement and challenge.

Easy to communicate and creating a strong resonance with every stakeholder, it is an apt expression to the Tata Motors brand. It is much larger and wider in terms of intent and interpretation - directed towards building the nation, developing smart cities, supporting and implementing government initiatives and delivering new technologies. With passion and expressive intelligence as a design principle, it is in sync with the company’s brand proposition of providing exciting and unique forms of self-expression, where every element of the vehicle represents a unique aspect of consumer’s individuality.

Today, the modern age consumers seek specific forms of self-expression through technology, experiences and the ecosystems they inhabit. It is our endeavor now to translate the form and intent of the new Brand promise into implementation – visible and emotional.

Driven by passion and imagination, Tata Motors has introduced enriching offerings in line with customer aspirations and continues to stand strong as a symbol of innovation and disruption for its customers. The acquisition of every Tata Motors vehicle, regardless of segment, marks an important milestone in the realization of a bigger, much-coveted aspiration or dream.

From manufacturing products to presenting experiences and solutions, Tata Motors has always been an enabling force in the Indian automotive industry. Representing the company’s commitment to take personalization to the next level, ‘Connecting Aspirations’ defines Tata Motors as a brand that intuitively understands people and imagines mobility in all its forms.

About Tata Motors
Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia. 
Read More »

Tata Motors announces appointment of new Chief Financial Officer



New Delhi, August 14, 2017: Tata Motors today announced the appointment of Mr. P B Balaji as the new Chief Financial Officer, Tata Motors Group from November 2017, to drive financial performance and bring greater rigor to operations and investment decisions across the different entities.

Mr. Balaji is a global finance professional with over two decades of experience in the corporate sector. He started his career with Unilever in 1995 and worked in different corporate finance roles across Asian markets, Switzerland, UK and India. Since 2014, he has been heading the finance function as the Chief Financial Officer of Hindustan Unilever, a $6 billion enterprise. Prior to that, he was the Chief Accountant of the Unilever Group in London.  


Mr. N Chandrasekaran, Chairman, Tata Motors said: “Mr Balaji’s deep knowledge in all areas across finance and his global experience will be very valuable for the Tata Motors Group. He will be a great addition to the management team.”

“Tata Motors is delighted to welcome Mr. Balaji as the new CFO for the Tata Motors Group. He will play a very important role in our transformation journey and help us in our renewed focus on topline, market share growth, major cost reduction initiatives and efficiency improvements to deliver better financial performance and profitability in the future.” said Mr.  Guenter Butschek, Chief Executive Officer & Managing Director, Tata Motors.


“The Tata Group represents the leading edge of Indian business and I am delighted to have the opportunity to work with the Tata Motors’ leadership team. I look forward to being part of the transformation journey and an exciting career ahead,” said Mr. P B Balaji.  


Mr Balaji is a graduate of Indian Institute of Technology, Chennai and has a post-graduate management degree from Indian Institute of Management, Kolkata. He will up take up his new assignment in November this year.

 About Tata Motors 

Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia. 
Read More »

Tata Motors brings a new era of Style with Tata TIGOR in Nepal


 New Delhi, August 10, 2017: Tata Motors along with its sole authorized distributor for Nepal, Sipradi Trading Pvt. Ltd. announced the commercial launch of its new ‘StyleBack’, Tata TIGOR, meant for the young and fast-paced generation. With its stunning, break-free and revolutionary design, the Tata TIGOR is set to build on Tata Motors’ existing passenger vehicle portfolio and addresses needs of the ever-evolving customer. At a starting price of NPR 2345000 Lakhs, for the Revotron 1.2L (petrol) variant, the TIGOR will be available across the country.

Unveiling the Tata TIGOR, Mr. Johnny Oommen, Head, International Business, Tata Motors, said, “With our passion to shape the mobility of tomorrow, we have constantly pushed the boundaries of automotive engineering by creating new category vehicles. This pursuit of something different led us to what we call ‘STYLEBACK’ – our re-definition of the compact sedan category. The TIGOR is not just a new product; it is a true reflection of our legacy of creating something unexpected, setting new trends. With the launch of TIGOR, we expand our product portfolio, invite new customers and reinforce our spirited comeback in the passenger vehicle market.”

Speaking at the unveiling ceremony, Mr. Saurya Rana, President, Sipradi Trading Pvt. Ltd. said, “We are very proud to be the first International market of Tata Motors that is launching TIGOR. The Indian sales figure is eminent to justify that the TIGOR is a gem of a product from Tata Motors and we expect it to do wonders in the Nepalese market. Moving ahead from the hatches, and sedans, Tigor will definitely create a new segment for itself, the “STYLEBACK”.

With a renewed focus on design, Tata Motors is recapturing the consumer mind space, which is helping the Company to strengthen its brand proposition. Creating an immediate and lasting impact, Tata Motors has worked intricately on the styling of the TIGOR, the 3rd vehicle based on the IMPACT Design philosophy. The TIGOR is smartly designed on the outside with ‘Expressive’, ‘Exciting’, and ‘Extraordinary’ exterior features. Its lively and dynamic stance exudes the feeling of youthfulness. On the inside, the TIGOR makes ‘INtelligent’ use of space and has ‘INviting’ interiors and connectivity features that will make owners feel ‘INtouch’ with the world inside and outside.

The car is intelligently engineered with superior legroom and 24 utility spaces to provide ample storage to carry one’s world along. The stylish design is complemented by enhanced performance and driving dynamics. The TIGOR will be available in petrol variant - Revotron 1.2L with class-leading driving dynamics. The engine is available with multi-drive modes – Eco and City.

Understanding the constantly evolving needs of customers, connectivity forms the core of Tata Motors’ infotainment experience. The company has worked closely with HARMANTM to design and engineer an acoustic audio and infotainment system, certified by the globally renowned Golden Ears and tuned by seasoned Harman audio experts.

Available in 4 variants XE, XT, XZ & XZ (O) –TIGOR will come in six exciting colour options - Copper Dazzle, Espresso Brown, Pearlescent White, Platinum Silver, Striker Blue and Berry Red. TIGOR will come with a standard warranty of 4 years or 75,000km, whichever is earlier, with an option to further extend.

Tata Motors has built a strong pipeline of new products, which come with the IMPACT design language and leading technologies to make the new product line-up an exciting proposition.


For more details on Tata TIGOR, please refer to adjoining annexures or visit www.tatamotorstigor.com

About Tata Motors
Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

To know more, please visit (www.tatamotors.com; also follow us on Twitter: https://twitter.com/TataMotors)            


About Sipradi
Sipradi a major player in AUTOMOTIVE & ALLIED business and is one of the largest and most prestigious brands in Nepal. 34 years down the line, Sipradi has exceeded USD 350 million annual revenue and is growing rapidly in automotive, energy, lubricant, financial services, and equipment businesses. It has 750 employees and 650 support staff working to a common goal --to deliver quality products and services while adding synergy to the growth of overall brand value. Sipradi Trading Private Ltd (STPL) has been the exclusive distributor of Tata Motors Ltd in Nepal since 1982. STPL is an ISO 9001:2008 certified company. STPL sells and services the full range of Tata Motors’ commercial and passenger vehicles. The company has the largest sales and service distribution network throughout Nepal. It has 18 sales offices and 24 service centers dedicated to Commercial vehicles manufactured by TATA Motors Ltd., India.  It has 16 showrooms and 24 service centers dedicated to Passenger Vehicles manufactured by TATA Motors Ltd., India.  It also has more than 300 spare parts outlets across the country.  Sipradi is also the distributor of Exide Batteries, MAk Lubricants and Michelin tires.
Read More »

Tata Motors and Skoda cease discussions around potential partnership


Tata Motors and Skoda Auto have performed a joint technical feasibility and commercial evaluation of a potential collaboration. Based on intense and constructive discussions, both the companies have jointly concluded that the envisioned areas of partnership may not yield the desired synergies as originally assessed. Nevertheless, the two companies have decided to keep in touch for future areas of collaborations.

Commenting on this development, Guenter Butschek, CEO and Managing Director, Tata Motors, said,

“We have evaluated the technical feasibility and degree of synergies for the envisioned partnership. We have concluded that the strategic benefits for both parties are below the threshold levels. However, we remain positive of exploring future opportunities with the Volkswagen group, given the relationship of mutual respect that we witnessed during the phase of our cooperation discussions."

Tata Motors will continue to pursue its standalone product strategy to bring exciting and world-class products to its customers.


About Tata Motors 

Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the over USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.    To know more, please visit (www.tatamotors.com; also follow us on Twitter: https://twitter.com/TataMotors

Read More »

Tata Motors Consolidated Net Revenue Q1 FY18 ₹58,651 crores, Consolidated PAT ₹3,200 crores



Consolidated Net Revenue Q1 FY18 ₹58,651 crores, Consolidated PAT ₹3,200 crores

               
Consolidated Financial Results for the Quarter ended June 30, 2017 – As per Ind-AS


For the quarter ended June 30, 2017, Tata Motors reported consolidated revenues (net of excise) of ₹58,651 crores as against ₹65,115 crores for the corresponding quarter last year. Consolidated revenues for the quarter are lower by ₹7,761 crores due to translation impact from GBP to INR. Consolidated Profit before tax for the quarter was ₹3,737 crores, against ₹2,551 crores for the corresponding quarter last year. Consolidated Profit before tax for the quarter includes one- time gain of ₹3,609 crores (£437million)  relating to the changes made to the Jaguar Land Rover pension plans.


The Operating performance broadly reflects:-
• In Jaguar Land Rover business-
◾ Lower wholesale volumes excluding the China JV, and continuation of higher competitive incentive levels and launch and growth costs seen in FY17.


• In Standalone business-
◾ Significant de-growth in the M&HCV segment, flat LCV segment and moderate growth in Passenger vehicle segment.


Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) for the quarter was ₹3,200 crores, against the Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) of ₹2,260 crores for the corresponding quarter last year. Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) for the quarter are lower by ₹793 crores due to translation impact from GBP to INR.

Tata Motors Standalone Financial Results (including Joint Operations) for the Quarter ended June 30, 2017 - As per Ind-AS.

The sales (including exports) of commercial and passenger vehicles for the quarter ended June 30, 2017, stood at 111,860 units, a de-growth of 11.8%, as compared to the corresponding quarter last year, with M&HCV de-growth of 34.8% Y-o-Y , LCV growth of 0.2% Y-o-Y and passenger vehicles segment growth of 4.7% Y-o-Y.  The revenues (net of excise) of the Standalone business (including Joint Operations) for the quarter ended June 30, 2017 stood at ₹9,207 crores, as compared to ₹10,393 crores for the corresponding quarter last year. Operating profit (EBITDA) of the Standalone business (including Joint Operations) for the quarter stood at ₹3 crores. Loss before and after tax for the quarter ended June 30, 2017 was ₹467 crores, against profit before and after tax of ₹38 crores and ₹26 crores, respectively, for the corresponding quarter last year.

In Commercial Vehicles business, across all the segments, the Company has gained month-on-month improvement in sales and market share. The Company is confident of further building on this trend with increased focus on stakeholders’ engagement and on the ground marketing activities.

In Passenger vehicles business, the Company’s new cars- Tiago, Hexa, Tigor- continue to show strong sales. The Company plans to launch, in the month of September, its new car Nexon, which is receiving positive reviews in the media.

Mr Guenter Butschek, MD & CEO Tata Motors, said, “While the first quarter results have not met our expectations, we are working with renewed focus and energy to improve performance of our Commercial and Passenger Vehicle businesses. Our focus on topline, market share growth, major cost reduction initiatives and efficiency improvements have been significantly enhanced and accelerated in the last few months. Leveraging the expected market recovery, we are confident that these initiatives will help us to present significant improvement of our financials in the coming quarters.”

Jaguar Land Rover Automotive PLC - (figures as per IFRS)

Retail sales for the quarter reached 137,463 vehicles, up 3.5% on the previous year led by the 2017 World Car of the Year, World Car Design of the Year and Women’s Car of the Year award- winning Jaguar F-PACE (up 86% year on year), following a sequence of successful market launches. Continuing strong demand was seen for well-established models such as the flagship Range Rover (up 14%) and Jaguar XF (up 22%), reflecting the successful launch of the long wheelbase model in China.  


Sales were up year-on-year in China (30%) and North America (16%), while remaining stable in Europe (no change) and down in the UK (14%) including the timing impact of Vehicle Excise Duty introduced in April 2017.

Revenue for the quarter was £5.6 billion, up £244 million. Profit before tax was £595 million, up from £399 million in Q1 2016, including a £437 million one-off credit relating to recent changes designed to improve the sustainability of the Company’s defined benefit pension plans. This was offset by the expected seasonality of sales in Q1 following a strong Q4 of 2016/17, plus the continuation of launch and growth costs.

Dr Ralf Speth, Jaguar Land Rover Chief Executive Officer, said:  "The foundation of our journey of sustainable, profitable growth continues to be our investment in products, plants and people as we become a technology-driven company. We continue to deliver rising volumes and revenues across the business, reflecting strong demand for new models such as the Range Rover Velar and established global award winners such as Jaguar F-PACE.”

Tata Daewoo Commercial Vehicles Co. Ltd - (figures as per Korean GAAP)

Tata Daewoo Commercial Vehicles Co. Ltd. registered net revenues of KRW 253 billion (approx. ₹1,443 crores) and recorded a net profit of KRW 18 billion (approx. ₹103 crores) in the quarter ended June 30, 2017.

The Financial Results for the Quarter ended June 30, 2017, are enclosed.

Read More »

Tata Motors domestic sales grows by 13% in July 2017



Commenting on the strong sales performance, Mr. Girish Wagh, Head – Commercial Vehicle Business Unit, Tata Motors, said, “After a sluggish Q1, our commercial vehicles, in the domestic market, in July 2017, grew by 15% due to ramp-up of BS4 production, across segments. Passing on the benefits of GST to consumers by reducing the prices of its vehicles across all commercial vehicle segments has resulted in improved consumer sentiments. The M&HCV segment, which was seeing a decline in the last few months, saw a rebound in July 2017 and witnessed pick-up in demand and availability because of continued production ramp up. New models launched in the fastest growing segments of 49 ton and 37ton categories have also gained strong traction in the market. Wider acceptance of new SCR technology has further boosted the confidence of customers. The new Ultra range and the new BS4 range in other products, resulted in growth of I&LCV truck segment, by 28% in July 2017. We are delighted with the strong response to our new introductions in SCVs (XL Series) and pick-ups (Tata Yodha) due to which growth momentum in this segment continues. In line with our business turnaround, we continue to undertake series of actions to drive the growth momentum and improve the financial performance.”

Commenting on the sales performance Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said,” With an improved customer buying sentiment post GST, we are delighted to record a growth of 10% in the passenger vehicle market, in July 2017. The Tata TIAGO continues to witness strong demand, the TIGOR and HEXA have also witnessed strong traction in the market. We continue to maintain cautious optimism and will work towards turning around the business, in line with our well-defined strategy.”

August 01, 2017: Tata Motors passenger and commercial vehicle total sales (including exports) in July 2017 were at 46,216 vehicles, higher by 7% over 43,160 vehicles sold in July 2016. The company’s domestic sales of Tata commercial and passenger vehicles for July 2017 were at 42,775 nos., higher by 13%, over 37,789 nos., in July 2016.

Domestic - Commercial Vehicles

The overall commercial vehicles sales in July 2017, in the domestic market were at 27,842 nos. higher by 15% over July 2016, due to ramp-up of BS4 production, across segments. The Company also passed on the benefits of GST to consumers by reducing the prices of its vehicles across all commercial vehicle segments.

The M&HCV segment saw a rebound in July 2017 and witnessed pick-up in demand and availability because of continued production ramp up. New models launched in the fastest growing segments of 49 ton and 37 ton categories have also gained strong traction in the market. Sales of M&HCV business grew by 10% in July 2017 at 8,640 nos., over 7,879 sales in July 2016, establishing the wider acceptance of new SCR technology.

The I&LCV truck segment also grew by 28% at 3,354 nos., over 2,626 vehicles sold in July 2016, on the back of good response to the new Ultra range and the new BS4 range in other products. Tata Motors Passenger Carriers sales (including buses), in July 2017 were at 4,472 nos., declined by 15%, over 5,233 units, in July 2016, largely due to supply constraints in the Bus segment.

The SCV cargo and pickup segment continued the growth momentum at 11,376 nos., higher by 34% over 8,504 units, last July 2016 due to good response to the Ace XL, Mega XL, Zip XL, and the Tata Yodha.

Domestic - Passenger Vehicles

In July 2017, Tata Motors passenger vehicles, in the domestic market, recorded sales at 14,933 nos., with a growth of 10%, over 13,547 units, in July 2016, due to continued strong demand for the Tata Tiago and the Tata Tigor. While the car segment marginally degrew by 1% at 12,125 nos., the UV segment grew by 110% at 2,808 nos., due to strong demand for Tata HEXA.  

Cumulative sales growth of all passenger vehicles in the domestic market for the fiscal were at 49,791 nos., a growth of 10%, compared to 45,062 nos., in the last fiscal.  

Exports

The company’s sales from exports was at 3441 nos. in July 2017, a decline of 36%, compared to 5,371 vehicles sold in July 2016, due to drop in volumes in Sri Lanka and Nepal. 
Read More »

Tata Motors strengthens presence in Philippines with the launch of its range of commercial vehicles



Key highlights: 

·           Partners with Pilipinas Taj Autogroup, Inc. as the official distributor of Tata Motors commercial vehicles in Philippines

·           Complete range of commercial vehicles include – the New Prima Heavy truck platform, an entire range of Heavy Intermediate and Light Commercial Vehicles, Mini Trucks, Pickups and Buses

Manila, July 26, 2017: Tata Motors, India’s largest commercial vehicle manufacturer and among the top ten globally, launched a range of commercial vehicles in Philippines. The company is making headway in the Philippines market through a distribution agreement with local partners Pilipinas Taj Autogroup, Inc., an important business conglomerate engaged in the local distribution of motor vehicles.  Through this partnership, Tata Motors will commence the supply of its commercial vehicle brands – the Tata Prima Range of Tractor Trailers and Tippers, the LPT range of Light, Medium and Heavy Trucks, SFC 407, and the Mini Trucks range of Ace and Super Ace.

Besides Philippines, Tata Motors commercial vehicles are present across several South-East Asian markets including Malaysia, Vietnam, Indonesia, and Thailand with manufacturing facilities in Vietnam, Thailand and Malaysia.

Commenting on the occasion, Mr. Rudrarup Maitra, Head (International Business), Commercial Vehicles, Tata Motors said, “Philippines is one of our key markets in South-East Asia and we are delighted to be a part of one of the fastest growing ASEAN nations. With years of experience in the commercial vehicle business, we at Tata Motors have analyzed and understood our customers well and are dedicated to providing them with best-in-class products and services. We are confident that through our trusted partnership with Pilipinas Taj Autogroup, Inc., we will be successful in establishing a long-term relationship with our customers.”

Mr. Jon Fernandez, Jr., President of Pilipinas Taj Autogroup, Inc., said, “We, at Pilipinas Taj Autogroup, Inc., are proud to partner with Tata Motors to offer customers with sturdy and reliable vehicles. We are looking forward to this new opportunity and are committed to catering to the commercial vehicle market with India’s largest and most trusted automobile brand here in the Philippines. We will closely work with Tata Motors to ensure customers here get the finest vehicles and services, that not only match their requirements but also their business needs."

Tata Motors entered the Philippines market in 2014 with cars and small commercial vehicles. The low cost of ownership and availability of Diesel vehicles appealed to this market.
Tata Motors strengthens presence in Philippines with the launch of its range of commercial vehicles


Photo caption - Partnering with Pilipinas Taj Autogroup, Inc., Tata Motors, India’s largest commercial vehicle manufacturer and among the top ten globally, launched a range of commercial vehicles in Philippines. In the image (Left to Right), Mr. Rajesh Khanna (Head Product Management, Commercial Vehicles Business Unit, International Business, Tata Motors), Mr. Rustom Nagporewalla (Regional Head - ASEAN & Far East Commercial Vehicle Business Unit, Tata Motors), Mr. David Coyukiat (Chairman of the Board, Pilipinas Taj Autogroup, Inc.), Mr. Rudrarup Maitra (Head-International Business, Commercial Vehicle Business Unit, Tata Motors), Mr. George Blaylock (Managing Director, Pilipinas Taj Autogroup, Inc.), Mr. Ferdi L. Raquelsantos (Board of Director, Pilipinas Taj Autogroup, Inc.), Mr. Cresencio Fernandez, Jr. (President, Pilipinas Taj Autogroup, Inc.) and Mr. Arthur Balmaldrid (Vice-President, Pilipinas Taj Autogroup, Inc.)

About Tata Motors: 

Tata Motors Limited, a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks, and defense vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar & Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centers located in India, the UK, Italy, and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata Motors cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

About Pilipinas Taj Autogroup, Inc.: 

Established in the year 2012, Pilipinas Taj Autogroup, Inc., is an automotive distributor composed of individuals from a diverse range of industries, with known expertise in the area of insurance, automotive and its allied industries, consumer retail and service, and finance. Armed with a collective knowledge and understanding of the Filipino consumer to confidently build the local business through brand building, marketing, promotions, dealer network development, financing, and customer service and satisfaction.

Read More »

Tata Motors develops country’s first Bio-Methane Bus


Tata Motors develops country’s first Bio-Methane Bus

New Delhi, July 17, 2017: Tata Motors, India’s largest Commercial Vehicles manufacturer and the No 1 Bus Brand yet again showcased a class-leading technology innovation- country’s first Bio-CNG (bio-methane) Bus at the Bio-energy programme, called ‘Urja Utsav’. This programme was organized by the Ministry of Petroleum & Natural Gas. Present at the event were Hon’ble Minister of MoPNG (Ministry of Petroleum and Natural Gas) Shri. Dharmendra Pradhan and Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines, Shri. Piyush Goyal.


Tata Motors has designed and developed bio-methane engines (5.7 SGI & 3.8 SGI) for LCV, ICV & MCV buses. Displayed at the event were three engines, along with the lead model; Tata LPO 1613 with 5.7 SGI NA BS-IV IOBD-II compliant bus. The Tata LPO 1613, already in operation by PMPML (Pune Mahanagar Parivahan Mahamandal Limited) was showcased with bio-methane fuel at the event.

According to Mr. Girish Wagh, Head, Commercial Vehicles Business, Tata Motors, “Tata Motors has been at the fore front in pioneering latest technologies and providing smart city solutions in the commercial vehicle industry. We are delighted to present yet another product with innovation in alternate fuel technologies, to cater to the need for a greener country. The use of Bio-CNG will contribute in a positive manner to the Smart Cities proposition of keeping them clean and is a good option for wet garbage management.”

Speaking on the Bio-methane bus development, Mr. Rajendra Petkar, Head- Power System, Engineering, Tata Motors, “The showcase of the Bio-Methane bus is a step towards developing environment friendly vehicles. Bio-methane is produced out of bio-degradable materials like kitchen waste. This gas, which gets produced out of natural degradation process, escapes into the atmosphere unused. However, if this is trapped and used in engines, it reduces the net impact on environment and at the same time produces useful power.”

Tata Motors has pioneered the introduction of natural gas vehicles (CNG) in the country, for close to two decades and has introduced several technologies in CNG engines related to vehicle performance and safety including sequential gas injection technology, skip fire, plug type coils, long life spark plugs and longer oil drain intervals. Moving towards gas power will not only contribute majorly towards decreasing emissions for a cleaner environment, but operating engines on bio-methane will also help promote Government of India’s Smart City initiative.

Read More »

Tata Motors and MAHLE partner together to develop a prototype Secondary Loop Mobile Air Conditioning System on a vehicle



July 13, 2017 – Tata Motors Limited and MAHLE, one of the world’s 20 largest suppliers to the automotive industry, have signed a joint development agreement for designing and developing a Secondary Loop Mobile Air Conditioning System (SL–MAC), under the aegis of United Nations Environment. MAHLE and Tata Motors, along with the Institute for Governance and Sustainable Development (IGSD), which is coordinating the project, received funding for developing the SL-MAC system from the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC), a global initiative to support fast action and make a difference in the areas of climate, public health, and food and energy security (www.ccacoalition.org). This project envisages use and trial of environment friendly, low global warming potential (GWP) refrigerants HF01234yf (ASHRAE A2L) and HFC-152a (ASHRAE A2).

A team comprising of representatives of the California Air Resources Board (CARB), the Mobile Air Conditioning Society Worldwide (MACS), the National Renewable Energy Lab (NREL), MAHLE, Tata Motors, and IGSD reviewed the newly constructed SL-MAC system and the prototype at the MAHLE Behr facility in Lockport, New York, USA, on 7 April 2017.

A Tata vehicle based on a new generation platform for utility vehicles, consisting of a more complex architecture with front and rear air conditioning system, has been selected for this joint development program. The SL–MAC system will first be installed in the Tata utility vehicle as a prototype. In the SL-MAC system, the alternative refrigerants first cool a secondary fluid/coolant, which in turn cools the air to comfortable temperatures inside the vehicle cabin. This process allows the safe use of slightly flammable refrigerants that have a low GWP and in turn achieves high cooling capacity, minimizing the losses and achieving an optimized overall thermodynamic efficiency in the process. This is in contrast to the conventional mobile AC system, where the cabin air is directly cooled by the refrigerant HFC-134a, which is ozone safe but has a high GWP.

According to Dr. Tim Leverton, Chief Technology Officer, Tata Motors, “Tata Motors has been at the forefront of innovation and is constantly working towards shaping the future of mobility. As a part of our R &D efforts, we are committed to pioneering and inventing solutions to a greener future in the auto industry and this initiative is a step in that direction. We are the first OEM in India who is developing and evaluating an SL-MAC system on a car, using environmentally friendly refrigerants. We are delighted to work with class leading global suppliers like MAHLE and institutions like IGSD to contribute to the United Nations Environment initiative.”

The new SL-MAC system, which is testing the low-GWP refrigerants, is expected to increase vehicle energy efficiency through engineering. This system will turn off the compressor during acceleration and will retain coolness when the compressor is inactive or the engine is turned off for a short duration, allowing rapid cool-down at re-start. In addition to the expected energy efficiency benefits (fuel saving of up to 3%), the SL-MAC system allows the use of refrigerants that should avoid flow into the vehicle cabin. The refrigerant never enters the passenger compartment and instead stays in the engine area. Only the coolant circulates through the interior air conditioning unit.

According to Dr. Stephen O. Andersen, PhD, Director of Research for IGSD, “The Secondary Loop System will permit the use of alternative refrigerants like HFC-152a (GWP of 138) and HFO-1234yf (GWP<1) which have much lower GWPs than the current most-commonly used refrigerant, HFC-134a (GWP of 1300). We will be comparing the life-cycle carbon footprint of HFC-152a - with a higher GWP offset by higher energy efficiency – to the carbon footprint of HFO-1234yf, and we will be estimating the cost of manufacture and ownership for each system.”

The SL-MAC project is on schedule, as expected, with anticipated environmental and cost advantages to be determined in the next stages. The prototype will be tested on the Indian roads later in the third quarter of 2017, where long seasons of hot and humid weather and stop-start driving conditions make a secondary loop air conditioning system highly advantageous.

About MAHLE:  

MAHLE is a leading international development partner and supplier to the automotive industry. With its products for combustion engines and their peripherals as well as solutions for electric vehicles, the group addresses all the crucial issues related to the powertrain and air conditioning technology¾ from engine systems and components to filtration to thermal management. MAHLE products are fitted in at least every second vehicle worldwide. MAHLE components and systems are also used off the road¾in stationary applications, mobile machinery, as well as railway and marine applications.


In 2016, the group generated sales of approximately EUR 12.3 billion with around 77,000 employees and is represented in 34 countries with about 170 production locations. At 15 major development locations in Germany, Great Britain, Luxembourg, Slovenia, the USA, Brazil, Japan, China, and India, about 6,000 development engineers and technicians are working on innovative solutions for the mobility of the future (www.MAHLE.com)


About IGSD:   

IGSD promotes just and sustainable societies and works to protect the global environment for future generations by advancing scientific, technical, legal and economic analysis.  It supports basic and applied research, graduate education and related activities in collaboration with leading international and academic institutions (www.igsd.org).

Read More »

Recent Posts