Free Press Journal
  • Shares of TATA Motors slips amid Britain’s Brexit decision

    New Delhi: Shares of Tata Motors Wednesday slipped as much as three per cent in morning trade on bourses after the Jaguar Land Rover (JLR) issued a warning to the UK government of massive losses if Britain was to leave the European Union (EU). JLR CEO Ralf Speth, who was speaking at the Zero Emission Vehicle Summit in Birmingham, Tuesday said that fears of a so-called “no-deal” Brexit and lack of clarity

  • Auto firms seek stable policy for smooth ride

    New Delhi : Automobile industry leaders on Wednesday asked the government to provide clear and stable policy framework, saying it should not “become a crisis for the industry” whenever there is a regulatory change.

  • Sensex falls 188 points on global cues, weak macro data

    Mumbai: Benchmark Sensex tumbled over 188 points to close at 37,663.56 today, tracking weak global cues on concerns over Turkey’s financial crisis amid sustained foreign fund outflows.

  • Weak JLR sales drive Tata Motors to Rs 1,862 cr loss

    Mumbai : Tata Motors group on Tuesday reported a consolidated net loss of Rs 1,862.57 crore for the first quarter ended June 30, dragged down by multiple challenges that its British arm JLR faced in major markets, including China, UK, Europe and the US.

  • ‘Bad’ Brexit to cost JLR $1.6 bn a year

    London : Tata Motors-owned Jaguar Land Rover has warned the British government that a “bad” Brexit deal could jeopardise the country’s biggest carmaker’s investment plans, cost it over 1.2 billion pounds ($1.59 billion or Rs 8,262.60 crore) annually and may even force it to close down plants and exit from the UK.

  • Sensex rebounds 200 pts as July F&O series opens strong

    Mumbai: Reversing a two-session slide, the benchmark BSE Sensex rose over 200 points and the Nifty reclaimed the 10,600-mark in early trade today on fresh buying by investors as the July derivatives contracts started on a strong note amid recovery in the rupee.

  • Efforts on to run all vehicles on electricity by 2030: Harsh Vardhan

    Mumbai: The Centre is making efforts to ensure that by 2030, all vehicles in the country run on electricity, Union minister Harsh Vardhan said here today. “The government is committed to provide e-vehicles and the facilities to charge them. We are trying to ensure that all vehicles in the country run on electricity by 2030,” the environment minister said.

  • Tata Motors stocks crack over 8% after Q4 results

    New Delhi: Shares of Tata Motors today tumbled over 8 percent after the company reported 49.82 percent decline in consolidated net profit for the March quarter. The stock opened the day on a weak note and further slumped 7.93 per cent to Rs 284.70 — its 52-week low — on BSE.

  • Tata Motors net halves on higher costs

    New Delhi : Homegrown auto major Tata Motors’ on Wednesday posted a 50 per cent fall in net profit during the March quarter due to higher expenses and a one-time impairment charge for certain product development programmes.

  • Automakers begin new fiscal on strong note

    New Delhi : Automakers began the new financial year on a strong note led by market leader Maruti Suzuki India (MSI) which posted a better-than expected rise in sales in April.

  • Auto firms post robust growth in March sales

    Mumbai : Top car makers have closed the 2017-18 financial year with a strong double digit volume growth. The country’s largest car maker Maruti Suzuki India (MSI) on Sunday posted a 14.9 per cent rise in total sales at 1,60,598 units in March as against 1,39,763 units in the year-ago month.

  • Tata Motors looks to roll out new products

    Geneva : Tata Motors plans to bring in new products in order to have presence in around 95 per cent of Indian passenger vehicles market by 2020,

  • Indore: Shyam Automotive hosts customers meet

    Indore: Shyam Automotive, the authorised dealer of TATA Motors, organised customers meet with auspicious occasions of Navratri and Gudi Padwa being just round the corner. Vishal Pamnani of Shyam Automotive said that the main attraction of the programme was a display of fleet of latest generation TATA Motors cars.

  • Tata Motors told to probe results leak

    New Delhi : Markets regulator Sebi on Tuesday directed Tata Motors to conduct an internal inquiry into leakage of unpublished price sensitive information related to its quarterly financial results through WhatsApp.

  • Car sales in top gear on firm demand

    New Delhi : Robust domestic demand along with a pick-up in exports and the waning effects of demonetisation and GST led automobile manufacturers to report healthy sales figures for February. Passenger car major Maruti Suzuki India’s overall sales, including exports rose by 15 per cent in February. The company’s total sales during the month rose to 149,824 units from 130,280 units sold during the corresponding month of 2017. Its February exports grew

  • Concepts steal Delhi show

    New Delhi : E-vehicles, hybrids and eco- friendly technology took centre stage at the inaugural day of the biennial Auto Expo, with Maruti Suzuki, Tata Motors, M&M, new entrant Kia Motors, Mercedes-Benz and BMW displaying their future products. Keeping in mind the government’s vision of 100 per cent electric vehicles (EVs) for public mobility and 40 per cent for personal mobility by 2030, the companies committed to put investments into the new

  • Tata Motors labels 2030 EV target huge challenge

    It is huge challenge… I think from a vision point of view, from an aspiration point of view, it is a good timeline but in order to get even close to it, we need to draft and translate it in to a policy.

  • Tata Delivers First Batch Of Tigor EVs To EESL

    Tata Motors delivered the first batch of Tigor EVs to the state run Energy Efficiency Services Limited (EESL) today. The delivery comprised of 250 units which formed a part of EESL’s initiative of procuring 10,000 electric vehicles setting a precedent for the upcoming changes in the Indian automotive industry. Tata Motors had qualified as the L1 bidder despite tough competition from Mahindra in September, 2017.

  • Tata Motors to hike passenger vehicle prices by up to Rs 25,000

    New Delhi: Tata Motors today said it will increase prices of its passenger vehicles by up to Rs 25,000 from January to offset the impact of rising input costs. “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase,” Mayank Pareek, President, Passenger Vehicle Business, Tata Motors said in a statement.