Taiwan’s Pegatron sells majority stake in India iPhone plant to Tata, sources say

Taiwan’s Pegatron sells majority stake in India iPhone plant to Tata, sources say

India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India, forming a new joint venture that strengthens Tata’s position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60 per cent and run daily operations under … Read more

Tata Motors logs weak Q2 with 62 pc fall in net profit

Tata Motors logs weak Q2 with 62 pc fall in net profit

Tata Motors trailed market expectations with a 62% drop in standalone net profit in the fiscal second quarter largely due to lower sales of cars, SUVs and commercial vehicles of its namesake brand. Sales at its British luxury car unit Jaguar Land Rover also remained subdued.Profit in the three months ended September 30 fell to … Read more

The Indica story: Behind Tata’s buyout of iconic JLR, an old tale of humiliation

The Indica story: Behind Tata’s buyout of iconic JLR, an old tale of humiliation

Behind Tata Motor’s big-bang buyout and the eventual turnaround of the iconic but troubled Jaguar Land Rover (JLR) brand, there was an old tale of abject humiliation meted out to Ratan Tata and his passenger car business team by some officials at American giant Ford Motors, who formerly owned the brand. In 1999, Tata Motors … Read more

MG WINDSOR EV: SHOULD YOU BUY INDIA’S FIRST INTELLIGENT CUV? | FIRST IMPRESSIONS – The Economic Times Video

MG WINDSOR EV: SHOULD YOU BUY INDIA’S FIRST INTELLIGENT CUV? | FIRST IMPRESSIONS – The Economic Times Video

MG Motor India has officially revealed its first-ever Crossover Utility Vehicle (CUV), the all-electric Windsor EV, marking a significant addition to its electric vehicle portfolio. The Windsor EV will be priced starting Rs 9.9 lakh. The pricing of Windsor EV would position MG Motor as a big competitor for Tata Motors that has captured over … Read more

UP hybrid car tax sops: Hyundai, Tata doesn’t want UP to give a major tax advantage to Maruti, Toyota

UP hybrid car tax sops: Hyundai, Tata doesn’t want UP to give a major tax advantage to Maruti, Toyota

Hyundai, Kia Motors, Tata and Mahindra are lobbying India’s most populous state not to offer incentives for hybrid cars, saying the move – set to help rivals Toyota and Maruti Suzuki – would hit targets on adopting electric cars and investment plans. Four separate company letters to Uttar Pradesh, seen by Reuters, highlight the rivalry … Read more

Tata Motors Unveils Innovative Tata Curvv ICE and EV Models; Details Here

Tata Motors Unveils Innovative Tata Curvv ICE and EV Models; Details Here

Home Car And Bike Tata Motors Unveils Innovative Tata Curvv ICE and EV Models; Details Here Launching on 7th August, the all-new Curvv will follow Tata Motors’ strong multi-powertrain strategy and will be first available in its EV version which will soon be followed by its ICE counterpart. Mumbai: Marking a new era in SUV … Read more

Car discounts: Check offers on cars of Maruti, Tata, Honda, Hyundai, Mahindra, Skoda and Volkswagen

Car discounts: Check offers on cars of Maruti, Tata, Honda, Hyundai, Mahindra, Skoda and Volkswagen

Car makers are offering discounts on various models, including SUVs, according to reports. Now, the country’s leading car maker, Maruti Suzuki, has joined the bandwagon. Reports claim that Maruti is offering a huge Rs 1.4 lakh discount on one of its top SUVs. Specifically, Maruti is offering a Rs 1.4 lakh discount on the Grand … Read more

Tata Motors eyes 4-6% increase in PV market share by 2030

Tata Motors eyes 4-6% increase in PV market share by 2030

Mumbai: Tata Motors, India’s third largest passenger vehicle maker by sales, is looking at a 400-600 basis points jump in market share from the current 14% to 18%-20% by the end of the decade, it said at an investor presentation on Tuesday. The company plans to ride on the launch of completely new nameplates (brands) … Read more

Reliance, Tata on TIME’s list of world’s most influential companies

Reliance, Tata on TIME’s list of world’s most influential companies

New Delhi: Billionaire Mukesh Ambani’s Reliance Industries and Tata Group have made it to the prestigious TIME’s list of 100 World’s Most Influential Companies of 2024. TIME called Reliance ‘India’s Juggernaut’. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of … Read more

maruti breeza tata nexon: Mahindra 3XO is impressive, but..: Car expert reveals why it will be difficult for M&M to shake the Maruti, Tata dominance

maruti breeza tata nexon: Mahindra 3XO is impressive, but..: Car expert reveals why it will be difficult for M&M to shake the Maruti, Tata dominance

Auto market expert Hormazd Sorabjee highlights that while Mahindra’s newly launched 3XO has captured customer interest with its features and pricing, the company needs to focus on two factors if they wish to become market leader or beat Tata and Maruti. Hormzad said that the car maker must focus on improving service and reliability to … Read more