Tata Motors

News Analysis : Will troubled Tata Motors’ issues in India impact on Jaguar Land Rover?

News Analysis : Will troubled Tata Motors’ issues in India impact on Jaguar Land Rover?

Clive Goldthorp Jaguar Land Rover Automotive plc (JLR) appears to be on something of a roll at the moment – retail sales during Q3 (the three months to 31 December, 2013) of the current 2013/14 Fiscal Year increased 27 per cent year on year to 112,172 vehicles which generated revenues of £5.328bn and an operating […]

Tata Motors : UK engineering base at Warwick University set to expand

Tata Motors : UK engineering base at Warwick University set to expand

The UK’s technology base was given a major boost today when Tata Motors Limited’s European Technical Centre (TMETC), a wholly-owned UK-based subsidiary of Tata Motors, announced that it will be expanding its partnership with WMG (formerly known as Warwick Manufacturing Group), at the University of Warwick. TMETC plans to increase its team of highly skilled […]

Tata Motors : UK production gives Vista EV a headstart on Nissan Leaf

Tata Motors : UK production gives Vista EV a headstart on Nissan Leaf

Andrew Elphick Tata Motors Limited announced this week that small scale production of the Vista EV supermini has now begun in Coventry and that full scale production should commence next year. The Vista EV is the final production version of the Vista EVX prototype which proved its credentials by winning the Most Economic Small Passenger […]

Tata Pixel : The real successor to Sir Alec Issigonis’ original Mini?

Tata Pixel : The real successor to Sir Alec Issigonis’ original Mini?

Clive Goldthorp Autocar’s Editor, Chas Hallett, recently reported on a conversation with the BMW Group’s Head of Sales and Marketing, Ian Robertson, about the prospects of the MINI Rocketman Concept, which was revealed at the Geneva Motor Show, reaching production. Robertson gave ‘clear indications that the MINI Rocketman could make production and gives hints towards […]

Press Report : Tata Motors’ profits and sales on the up in India

Press Report : Tata Motors’ profits and sales on the up in India

John Cranage, Birmingham Post, 27th October, 2009 Indian car buyers have given Jaguar and Land Rover an “encouraging response” since the two brands went on sale recently on the sub-continent, parent group Tata Motors said last night. The group, which bought the two West Midland luxury brands for about £1.7 billion last year, showed it was […]

Press Report : Tata Motors’ share offer raises $750m to reduce JLR debt

Press Report : Tata Motors’ share offer raises $750m to reduce JLR debt

John Cranage, Birmingham Post, 12th October, 2009 Jaguar Land Rover parent group Tata Motors Limited has announced a major breakthrough in its fight to secure new funding. The Indian group has raised $750 million (£468.8 million) after issuing more than 29.9 million shares on the world’s stock markets and a tranche of convertible notes. The […]

Press Report : Hopes rise of new Tata assembly line in the Midlands

Press Report : Hopes rise of new Tata assembly line in the Midlands

Birmingham Post, 20th September, 2009 Hundreds of jobs are set to be created at the Midlands-based engineering and design unit owned by Tata Motors after the Indian firm was given a loan to start making electric cars in the UK. The Government lent £10 million to Jaguar Land Rover owners Tata to develop a new […]

Press Report : HMG’s £10m loan to Tata in Coventry for EV car production

Press Report : HMG’s £10m loan to Tata in Coventry for EV car production

Tom Scotney, Birmingham Post, 18th September, 2009 The Government has made a £10 million loan to Jaguar Land Rover owners Tata Motors to manufacture electric cars in the UK. The loan was given to the Tata Motors European Technical Centre plc (TMETC), based at the University of Warwick, in Coventry, and is backed by £25m of […]

India Watch : Tata Motors to return Nano land if compensated

India Watch : Tata Motors to return Nano land if compensated

KOLKATA, India (Reuters) — India’s Tata Motors Ltd. is willing to return the original site for its ultra-cheap Nano minicar if the state government compensates the company for its investment in the land, its Chairman said on Tuesday. Tata Motors was forced to pull out of its Singur factory in West Bengal last October following […]

Press Report : Tata blames JLR for £41 million quarterly loss

Press Report : Tata blames JLR for £41 million quarterly loss

Alison Dayani, Birmingham Post, 1st September, 2009 Indian car giant Tata has blamed Jaguar Land Rover for a £41.2 million quarterly loss.Tata Motors, which pumped in millions to turn around JLR’s fortunes, recorded the loss between April and June saying it had been driven by a 52 per cent drop in sales volumes at JLR and […]

Press Report : Tata seeking £100m to support JLR

Press Report : Tata seeking £100m to support JLR

James Fontanella-Khan in Mumbai and John Reed in London, FT.com, 31st August, 2009 Tata Motors, which is reporting a quarterly loss caused by sliding sales at Jaguar and Land Rover, said it planned to raise at least £100m ($163m) of working capital for the two ailing UK car brands. Ravi Kant, the Indian carmaker’s Vice-President, […]

Pininfarina’s BLUECAR : Rover reinvented?

Pininfarina’s BLUECAR : Rover reinvented?

Clive Goldthorp Italy’s two most famous, but currently troubled, Automotive Design companies, Bertone Group and Pininfarina S.p.A., have both been in the news during the last week or so: Fiat S.p.A’s. bid for the Bertone Group’s dormant Contract Manufacturing unit, Carrozzerio Bertone S.p.A., was approved by Italian Industry Minister, Claudio Scajola, on the 6th August, […]

Press Report : Tata plans to bring Nano to US in 3 years

Press Report : Tata plans to bring Nano to US in 3 years

Lindsay Chappell, Automotive News, 5th June, 2009 Tata Motors, the Indian automaker that owns Jaguar and Land Rover, plans to bring the car known as the world’s cheapest to the United States within three years. David Good, a U.S. representative for Tata, confirmed statements made by Chairman Ratan Tata at a Cornell University forum this […]

Press Report : Tata’s Kant to retire on 65th birthday

Press Report : Tata’s Kant to retire on 65th birthday

Automotive News Europe, 1st June, 2009 Ravi Kant, Managing Director of Tata Motors Limited, which owns Jaguar Land Rover, will retire today. Kant will be succeeded by Prakash Telang, currently head of Tata’s commercial vehicle strategic business unit.Telang, 61, is a veteran Tata executive who joined the company in 1972. He is also on the […]

Press Report : Tata – brighter signs on horizon for motor industry

Press Report : Tata – brighter signs on horizon for motor industry

Graeme Brown, Birmingham Post, 1st June, 2009 Tata Motors has seen its annual profits more than halve because of falling demand for cars and trucks – but said there were brighter signs on the horizon for the industry. Jaguar Land Rover’s parent firm made after-tax profits of £133million in the year to the end of […]

Press Report : Tata gets more time to pay for JLR loan

Press Report : Tata gets more time to pay for JLR loan

Automotive News Europe/Reuters, 28th May, 2009 India’s Tata Motors Ltd. said on Wednesday it has completed refinancing of its $3 billion bridge loan taken to purchase luxury car brands Jaguar and Land Rover from Ford Motor Co. in 2008. Tata, which had already repaid $1.16 billion last year and raised $840 million through nonconvertible debentures […]

Press Report : Tata Motors gains reprieve on $1bn debt

Press Report : Tata Motors gains reprieve on $1bn debt

Joe Leahy in Mumbai and John Reed in London , Financial Times, 22nd May, 2009 Tata Motors is expected on Monday to obtain the agreement of its banks to roll over about $1.05bn in debt, rescuing India’s largest carmaker from the brink of default. The extension of the loan until the end of 2010 will […]

Press Report : Tata strained by UK acquisitions

Press Report : Tata strained by UK acquisitions

Joe Leahy and John Reed, FT.com, 21st May, 2009 If there was a prize for leaving things to the last moment, Tata Motors would be this month’s winner. Until this week, India’s largest carmaker had refinanced just over one third of the $3bn bridge loan it used to buy luxury marques Jaguar and Land Rover from Ford […]

India Watch : S&P cuts Tata Motors’ credit rating

India Watch : S&P cuts Tata Motors’ credit rating

Paul McVeigh, Automotive News Europe, 25th March, 2009 Standard & Poor’s Ratings Services today lowered its corporate credit rating on India-based automaker Tata Motors Ltd. to B+ from BB-. Standard & Poor’s said the action followed a deterioration in Tata Motors’ cash flows during the economic downturn, which, combined with significantly high debt levels, will […]

Press Report : Tata scales back production of low-cost Nano car

John Reed in London and Joseph Leahy in Mumbai, Financial Times, 20th May, 2009 The Nano, the world’s cheapest car due to launch in India on Monday, will have an initial production run of 40,000 – a fraction of Tata Motors’ original target. The Indian carmaker, which was forced to move the site of a […]