Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business …
Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a …
Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage …
The country’s favorite car is now from Tata, not Maruti. In a significant shift in the Indian automotive sector, Tata’s ‘mini SUV’ Punch has taken the lead as the best-selling …
Chennai: Ashok Leyland, the Hinduja Group flagship, will roll out six new light commercial vehicles (2-3.5 tonne) in the next 12 months as part of a plan to increase its …
Domestic automobile majors Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial …
India’s appetite for compact vehicles – defined as being less than 4 metres in length – seems to be waning. Despite a preferential taxation regime, the share of sub-4 metre …
Carmakers have started offering discounts and freebies this fiscal after a hiatus of three years, hoping to entice new buyers and clear record inventory levels. Car dealership stock reached an …
Jaguar Land Rover (JLR), owned by Tata Motors, reported that its FY24 retail sales saw a 81 per cent surge in retail sales in India, reaching 4,436 units. This growth, …
New Delhi: Sports utility vehicles (SUVs) are wildly popular in India, with the segment now accounting for every second car sold. But going by the official definition of an SUV, …