Tata Motors

55,021 retainees too get their allotment; deliveries begin in July

June 23, 2009 -- Tata Motors is pleased to announce that it has completed the process to select the first 100,000 owners of the Tata Nano from among the 2,06,703 final list of applicants who had booked the car. As announced at the launch on March 23, 2009, the first 100,000 owners were selected through a computerised random selection process. The company had said that the process would be completed within 60 days of the closure of booking on April 25.    » read more »

June 01, 2009 -- Tata Motors’ domestic sales for the month of May 2009 were at 38,392 vehicles, an 11 per cent decline over 42,916 vehicles sold in May last year. However, they were 6 per cent higher compared to 36,257 vehicles sold in the previous month of April 2009.

The company’s total sales (including exports) stood at 40,196 vehicles, a decline of 13 per cent over 46,339 vehicles sold in May last year. Cumulative sales (including exports) for the company at 77,714, declined by 8 per cent compared to 84,488 sold last year.

Commercial vehicles    » read more »

Tata Motors Net Revenue In 2008-09 Lower At Rs25,660.79 Crore, And Net Profit Lower At Rs1,001.26 Crore, Due To Market Upheaval

May 29, 2009 -- Tata Motors today reported gross revenue (stand-alone) of Rs28,599.27 crore (2007-08: Rs33,093.93 crore) in 2008-09, a year marked by severe demand contraction in the automobile industry.

Revenues (net of excise) for the year were Rs25,660.79 crore compared to Rs28,739.41 crore in 2007-08, a decline of 10.7 per cent. The profit before tax was Rs1,013.76 crore compared to Rs2,576.47 crore in 2007-08, a decline of 60.7 per cent. The profit after tax for the year was Rs1,001.26 crore compared to Rs2,028.92 crore, a decline of 50.7 per cent.    » read more »

May 28, 2009 -- Tata Motors today unveiled its new range of world standard trucks. In their power, speed, carrying capacity, operating economy and trims, they will introduce new benchmarks in India and match the best in the world in performance at a lower life cycle cost.

The range comprises multi-axle trucks, tractor-trailers, tippers, mixers, and special application vehicles. Besides India, they will also gradually be introduced in South Korea, South Africa, the SAARC countries and the Middle East.    » read more »

25 August 2008 -- Tens of thousands of people have protested outside the Indian factory set to produce the world's cheapest car, to demand the auto company return the land to local farmers.

Authorities in West Bengal state deployed nearly 3,000 police to protect the Tata Motors factory site Sunday as more than 40,000 protesters lined the highway leading to the factory.

Farmers say Tata Motors did not properly compensate them for the land used for the factory site. They have vowed to continue protesting until the 160 hectares of disputed land are returned.

Tata Motors said Friday the protests may force it to relocate the factory.

The factory is set to roll out the first $2,500 "Nano" cars by October. Tata Motors plans to manufacture a quarter-million of the cars each year.    » read more »

08 January 2008 -- India's Tata Motors is expected to unveil the world's cheapest car on Thursday.

The new vehicle is expected to cost about $2,500.

A news report says the company worked to keep costs down by keeping the vehicle small, light and as simple as possible.

The report says the car has one windshield wiper instead of two, and no frills such as radios or power steering. Much of the vehicle is expected to be made of plastic.

Only about eight Indians out of every 1,000 now own a car, so there may be a large market for the vehicle in the nation's fast-growing economy.    » read more »