Can Tata Motors topple Mahindra & Mahindra?
Mahindra has sold 100,318 units between April and August because of its best-selling models like Bolero, Scorpio, XUV500.19-09-2018
19-09-2018
Tata Motors shares fall 3.5% , m-cap drops by 2,526 crore
Tata Motors shares declined by 3.36% to end at 251.45 on the BSE. During the day, it lost 3.65% to 250.7018-09-2018
Tata Motors falls on concerns about JLR sales and cash flow
Tata Motors (which is currently in six stock screeners) declined in share price today after the company announced that Jaguar Land Rover (JLR) would be putting its workers at its Castle Bromwich plant on a three-day work week, and initiating production cuts. The reduced week would impact half of the 2000 strong worker strength in the plant. Besides Brexit headwinds, which is throwing the supply chain with EU into uncertainty - UK exiting the EU would impact the no-hassle movement of goods and services across the UK borders - JLR has also been recently impacted by global ratings agency Fitch Ratings on Thursday revising its outlook on the British automaker from ‘stable’ to ‘negative’. The revision reflects Fitch’s projections of a further fall in JLR’s free cash flow (FCF) over the next two years. JLR’s free cash flow fell significantly during FY18 to negative £1 billion (about 4.2% of sales), with the agency expecting this metric to fall further to about -6% by the end of the current fiscal. Fitch predicts JLR's FCF going back into positive territory only from the end of FY21. Finally demand in China, JLR’s largest market, has also fallen in the past month over fears of a trade war with the US. The US announced new tariffs against China yesterday, and Trump is also reportedly looking into targeting non-US automakers using US laws, which would allow him to bypass WTO regulation.18-09-2018
As headwinds continue, JLR moves to cut production at Castle Bromwich plant
Half the 2,000 workers at UK plant put on 3-day week17-09-2018
Aston Martin joins JLR in calling out Brexit risk to industry
Aston Martin CEO Andy Palmer said that Brexit is a disaster for the industry on both sides of the Channel if there is no negotiated exit16-09-2018
Tata Motors closes gap with Mahindra for 3rd biggest PV maker in India
Tata Motors is narrowing the gap with homegrown rival Mahindra & Mahindra (M&M) to challenge the position of third biggest pa++ssenger vehic16-09-2018
Fitch downgrades JLR outlook, adding to Tata Motors woes
Demand in China, JLR's largest market, has dampened in the past month over fears of a trade war with the US14-09-2018
Tata Nexon JTP performance edition in works, launch expected by 2020
Last year, Tata Motors had formed a 50:50 partnership with Coimbatore-based Jayem Automotive to develop performance-oriented versions of its existing models.14-09-2018
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst / Institutional Investors Meetings from September 17, 2018 to September 21, 2018 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, given below is the schedule of meetings with the Analyst / Institutional Investor from September 17, 2018 to September 21, 2018...14-09-2018
Tata Motors launches Tiago NRG at 5.5 lakh
Our Bureau Tata Motors on Wednesday launched its newest addition to the passenger vehicles family the Tiago NRG, a rugged version of its best-sellin12-09-2018