Tata Motors was the first company to issue DVRs in India. It issued them to finance the acquisition of Jaguar Land Rover in 2008. Tata Motors’ move to cancel its DVR (differential voting rights) shares, which are trading at a discount to its ordinary shares, will cost the company INR 100 crore, said chairman N… Continue reading DVR share swap to cost INR 100 crore: Tata Motors
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Jaguar Land Rover India nearly doubles its net profit to Rs 267 crore in FY23
Jaguar Land Rover India nearly doubled its net profit to Rs 267 crore in the fiscal year ending March 2023, according to the luxury carmaker’s most recent corporate filings with the Ministry of Corporate Affairs (MCA). On a year-on-year (YoY) basis, its revenues increased by 48% to Rs 2240 crore during the same period, on… Continue reading Jaguar Land Rover India nearly doubles its net profit to Rs 267 crore in FY23
My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 48)
News 1 min read 9 August 2023 Episode 47 of the Autocar motoring podcast My Week In Cars finds our resident experts Steve Cropley and Matt Prior assessed by unexceptional cars at the world’s most important car show, assessing whether Jaguar really has no brand equity as the company itself claims, and driving a Series… Continue reading My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 48)
Lumax expands into transmission-shift towers, wins large orders from Indian PV OEMs
Lumax Auto Technologies (LATL), which is part of the Lumax DK Jain Group and houses the automotive lighting major’s non-lighting, new-age product lines such as antennae, telematics, and gear shift selectors among others, is set to increase its content-per car with the introduction of transmission shift towers for the Indian market. In 2019, LATL had… Continue reading Lumax expands into transmission-shift towers, wins large orders from Indian PV OEMs
All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran
Updated On Aug 8, 2023 at 10:53 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals N Chandrasekaran, Chairman, Tata Motors New Delhi: Tata Motors Group, which operates as three businesses comprising commercial vehicles (CVs), domestic passenger and electric vehicles (EVs) and Jaguar Land Rover (JLR), is all geared for growth as… Continue reading All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran
Jeep like rugged SUV being evaluated, says N Chandrasekaran
Tata Motors, the country’s third largest car maker, is evaluating a rugged 4X4 SUV like Jeep SUV or an SUV like the Thar or Jimny, as it seeks to gain volumes and market share in the coming years. In a response to a query from a shareholder at Tata Motors’ 78th Annual General Meeting on… Continue reading Jeep like rugged SUV being evaluated, says N Chandrasekaran
Hyundai and Kia target sales of 873,000 units in India in CY2023
In what is a reflection of India’s growing stature in the global scheme of things for the Hyundai Motor Group, Hyundai Motor Group Executive Chairman Euisun Chung visited India on August 7-8 to review the Korean automaker’s strategy which lays the foundation for its future growth in the Indian market. India, which is one of… Continue reading Hyundai and Kia target sales of 873,000 units in India in CY2023
Internal combustion engines won’t go away anytime soon, no plans for hybrids, says Tata Motors’ N Chandrasekaran
Natrajan Chandrasekaran, the Chairman of Tata Motors says while there is a big push towards electric vehicles, the internal combustion engine is not going to go away anytime soon. Chandrasekaran was addressing the shareholders at the 78th Annual General Meeting on Tuesday. The focus on multi powertrain has helped the brand bring in incremental sales… Continue reading Internal combustion engines won’t go away anytime soon, no plans for hybrids, says Tata Motors’ N Chandrasekaran
Tata Motors to launch 4 new EVs in a few quarters, says Chairman, N Chandrasekaran
Natrajan Chandrasekaran, the Chairman of Tata Motors said by 2030, 50% of Tata Motors passenger vehicles and 65% of JLR vehicles will run on green technology. Chandrasekaran said the company has extensive product launch plans for the passenger vehicle business as well as Jaguar Land Rover. Tata Motors has committed over US$2 billion for Tata… Continue reading Tata Motors to launch 4 new EVs in a few quarters, says Chairman, N Chandrasekaran
Bajaj Finance partners with new partner ICICI Lombard General Insurance to offer motor insurance policies
The ICICI Lombard Car and Two-wheeler Insurance policies offer comprehensive damage coverage, including third-party cover and various add-on benefits to vehicle owners. Bajaj Finance has partnered with ICICI Lombard General Insurance along with other partners to provide car and two-wheeler insurance plans on the platform Bajaj Finance Insurance Mall.These policies can be bought instantly on… Continue reading Bajaj Finance partners with new partner ICICI Lombard General Insurance to offer motor insurance policies