August 1st, 2018Tata Motors, one of the largest automobile makers in India has announced that the company has decided to halt manufacturing operations in Thailand, citing viability issues. However, the company would continue to sell vehicles in the country through the medium of imports.
Tata Motors has undertaken a reassessment of its business model...
July 16th, 2018The popular cab aggregators, Ola and Uber have withdrawn a substantial number of orders of around 2.7 lakh vehicles from the largest automobile maker Tata Motors.
These companies that have been a valuable player in the ride-hailing space, obtain cars from automakers to make it available for the cab drivers on installments, but now it...
July 10th, 2018India's biggest automobile company Tata Motors acquired 26% stakes in a tech-based freight aggregator TruckEasy.
This is the first investment in a startup being done through Tata Motors Finance Holdings, a wholly-owned subsidiary of Tata Motors. However, the company did not disclose the amount.
The Bengaluru based startup...
June 28th, 2018While the automotive industry is gearing up for next Electric Vehicle boom in the world, luxury vehicle brand of Indian Tata Motors, Jaguar has finally unveiled its first production electric vehicle-the I-Pace.
It is interesting to note that Jaguar had first showcased the iPace concept in 2016 and now in 2018, the production-spec...
June 1st, 2018Electric Utility Company Tata Power Ltd. has partnered with Tata Motors Ltd. to make Maharashtra electric vehicle ready, a move that will focus on establishing charging stations in the state for public use.
The company has signed a MoU with the state to support the Maharashtra Electric Vehicle Policy (2018) in accelerating the...
May 26th, 2018Tata Group, India's Biggest Commercial Vehicle Manufacturer has announced to offer employee stock option for the first time in 150 years to its top 200 executives while the company is set to enter its next round of turnaround strategy.
This move will mark first of its kind initiative done in an Indian automotive space by a $100...
April 11th, 2018Xi Jinping, President of China promised to lower down import tariffs on products including cars and open country's economy in a speech delivered on Tuesday over matters concerning around ongoing trade tensions between China and the United States.
At present, a 25 percent import duty is levied on Chinese imports. In his address speech...
March 7th, 2018Securities and Exchange Board of India (SEBI) announced on Tuesday that it expects Tata Motors Ltd to investigate on the leak of financial results for the quarter end (October-December) 2015 on Whatsapp ahead of its official release.
Tata Motors is expected to complete the probe within three months and submit a report to SEBI within...
October 6th, 2017Mahindra & Mahindra, the sole maker of electric cars says the bid by rival Tata Motors which it bid in the contract with Energy Efficiency Services (EESL) is too low.
“We find the price (quoted by Tata Motors) hard to comprehend,” Mahindra managing director Pawan Goenka said.
Last week, Tata Motors offered to supply the...
