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Tata Motors Ltd (TAMO.BO)

TAMO.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tata Motors Says Group Global Wholesales At 92,639 In July 2018
Saturday, 11 Aug 2018 

Aug 11 (Reuters) - Tata Motors Ltd says::GLOBAL WHOLESALES FOR JAGUAR LAND ROVER WERE 35,007 VEHICLES.  Full Article

Tata Motors Says JLR Total Retail Sales In July Down 21.6 Pct
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Tata Motors Ltd ::SAYS CO ADAPTING TO IMPACT OF TARIFF CHANGES IN THE CHINESE MARKET.JAGUAR LAND ROVER TOTAL RETAIL SALES OF 36,144 VEHICLES IN JULY DOWN 21.6 PERCENT YOY, PRIMARILY REFLECTING TRANSITIONAL ISSUES IN CERTAIN MARKETS."JAGUAR LAND ROVER CONTINUES TO EXPECT SALES GROWTH FOR THE FULL YEAR".JAGUAR TOTAL RETAIL SALES 10,992 VEHICLES IN JULY DOWN 15.2 PERCENT YOY.LAND ROVER TOTAL RETAIL SALES 25,152 VEHICLES IN JULY DOWN 24 PERCENT YOY.SAYS ON JLR, ANTICIPATE IMPACT OF TRANSFER TO WLTP EMISSIONS REGULATIONS WILL BE SHORT-LIVED.JULY SALES WERE DOWN IN EUROPE AND UK IMPACTED BY INDUSTRY-WIDE ISSUE OF DELAYS IN WLTP CERTIFICATION OF 2019 MODEL YEAR VEHICLES.JLR RETAILS FOR JULY DOWN 46.9 PCT IN CHINA DUE TO CONTINUED MARKET VOLATILITY IN FIRST MONTH OF DUTY CHANGE AS WELL AS TRADE TENSIONS.  Full Article

Tata Motors Exec Says: Brexit, Diesel Policy Are Headwinds For JLR, Preparing For Worst Case Scenario
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Tata Motors Ltd ::INDIA'S TATA MOTORS EXEC SAYS SEE SOME NEAR TERM CHALLENGES IN DOMESTIC BUSINESS.INDIA'S TATA MOTORS EXEC SAYS HAVE DECIDED TO REVAMP BUSINESS MODEL IN THAILAND.INDIA'S TATA MOTORS EXEC SAYS WILL NOT HAVE ANY MANUFACTURING IN THAILAND.INDIA'S TATA MOTORS EXEC SAYS TARGETING 3-5 PERCENT GROWTH IN DOMESTIC BUSINESS.INDIA'S TATA MOTORS EXEC SAYS EXPECT TO SAVE AT LEAST 1.7 BILLION RUPEES BY RESTRUCTURING THAILAND OPERATION.INDIA'S TATA MOTORS EXEC SAYS TATA NANO IN ITS CURRENT FORM CANNOT CONTINUE BEYOND 2019 DUE TO INTRODUCTION OF CRASH TEST NORMS.INDIA'S TATA MOTORS EXEC SAYS BREXIT, DIESEL POLICY ARE HEADWINDS FOR JLR, PREPARING FOR WORST CASE SCENARIO.  Full Article

India's Tata Motors Posts June Qtr Consol Loss
Tuesday, 31 Jul 2018 

July 31 (Reuters) - India's Tata Motors Ltd ::JUNE QUARTER CONSOL LOSS 19.02 BILLION RUPEES VERSUS PROFIT OF 31.82 BILLION RUPEES LAST YEAR.JUNE QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 670.81 BILLION RUPEES VERSUS 598.18 BILLION RUPEES LAST YEAR.ON JLR, CO FACED MULTIPLE CHALLENGES INCLUDING TEMPORARY ISSUES LIKE CHINA DUTY IMPACT, MARKET ISSUES LIKE DIESEL CONCERNS IN UK, EUROPE.PROFITABILITY TARGET FOR FY19 REMAINS WITHIN PREVIOUS 4-7 PERCENT PLANNED MARGIN CO HAD SHARED FOR FY19-FY21.EXPECT JLR SALES AND FINANCIAL RESULTS TO IMPROVE OVER THE REMAINDER OF FINANCIAL YEAR.THERE COULD BE FEW CHALLENGES IN SHORT TERM PARTICULARLY IN COMMERCIAL VEHICLES AS NEW REGULATIONS ON AXLE LOADS COME INTO EFFECT.INVESTMENT IN NEW VEHICLES AND SEASONAL WORKING CAPITAL OUTFLOWS OF GBP 1 BILLION LED TO NEGATIVE OPERATING CASH FLOW OF GBP 1.7 BILLION.  Full Article

Tata Motors Restarts Talks To Sell Engineering Unit Stake-Bloomberg
Friday, 20 Jul 2018 

July 20 (Reuters) - :TATA MOTORS RESTARTS TALKS TO SELL ENGINEERING UNIT STAKE-BLOOMBERG,CITING SOURCES.  Full Article

India's Tata Motors Says JLR's Slovakia Plant On Track To Start Production By 2018-End - Annual Report
Friday, 13 Jul 2018 

July 13 (Reuters) - Tata Motors Ltd ::SAYS FROM 2020, ALL JAGUAR LAND ROVER VEHICLES WILL OFFER ELECTRIC OPTION - ANNUAL REPORT.JLR'S MANUFACTURING FOOTPRINT IS EXPANDING WITH SLOVAKIA PLANT ON TRACK FOR START OF PRODUCTION BY END OF 2018.JLR IS ALSO WORKING ON FURTHER EXPANSION OF ITS MANUFACTURING FOOTPRINT IN CHINA VIA ITS JOINT VENTURE.JLR'S SLOVAKIA PLANT PROVIDES OPPORTUNITY TO CO FOR RELATIVELY LOWER COST MANUFACTURING LOCATION COMPARED TO THE UK.  Full Article

India's Tata Motors Says Jaguar Land Rover Total Retail Sales In June Up 0.9 Pct
Monday, 9 Jul 2018 

July 9 (Reuters) - Tata Motors Ltd ::JAGUAR RETAIL SALES WERE UP 6.4 UP IN JUNE TO 16,328 UNITS.JAGUAR LAND ROVER TOTAL RETAIL SALES OF 52,049 VEHICLES IN JUNE 2018, UP 0.9 PERCENT YEAR ON YEAR.LAND ROVER RETAILED 35,721 VEHICLES IN JUNE, DOWN 1.5 PERCENT YEAR ON YEAR.  Full Article

Tata Motors Says JLR's Recent Statement Reaffirms That Brexit "Is In No-One's Interest"
Thursday, 5 Jul 2018 

July 5 (Reuters) - Tata Motors Ltd ::SAYS JLR'S RECENT STATEMENT REAFFIRMS THAT BREXIT "IS IN NO-ONE'S INTEREST".CO, JAGUAR LAND ROVER HAVE ALWAYS MAINTAINED UNCERTAINTIES FROM BREXIT ARE AVOIDABLE.AS THIS WORST CASE BREXIT SCENARIO IS JUST ONE OF MANY POSSIBILITIES, CO'S PLANS SHARED AT JLR ANALYST MEET "DID NOT FACTOR THEM ".CONTINUE TO STAND BY WHAT WAS SHARED AT THE JLR ANALYST MEET IN THE UK.SAYS JLR NEEDS FREE AND FULL ACCESS TO SINGLE MARKET BEYOND TRANSITION.JAGUAR LAND ROVER BUSINESS SEEKS CLARITY TO ENSURE THAT INDUSTRY TAKES TIMELY, RIGHT DECISIONS TO MANAGE THE BREXIT TRANSITION.  Full Article

India's Tata Motors Appoints Shailesh Chandra As President For Electric Mobility Business & Corporate Strategy
Monday, 4 Jun 2018 

June 4 (Reuters) - Tata Motors Ltd ::APPOINTS SHAILESH CHANDRA AS PRESIDENT FOR ELECTRIC MOBILITY BUSINESS & CORPORATE STRATEGY.  Full Article

Jaguar Land Rover Says Developing Off-Road Self-Driving SUVs In 3.7 Mln Pound Project Cortex
Wednesday, 30 May 2018 

May 30 (Reuters) - Jaguar Land Rover::DEVELOPING OFF-ROAD SELF-DRIVING SUVS IN £3.7 MILLION PROJECT CORTEX.  Full Article

Lenders spurn tightly priced Tata holdco

* Loans: Tata Sons finds few takers in syndication for US$1.5bn loan