British Government grants 10-million-pond loan for Tata Motors's 'green' carSeptember 19th, 2009 LONDON - The British Government has announced a 10-million-pound loan to Indian carmaker Tata Motors for the electric car-manufacturing project in the UK. The loan, part of a scheme backing low-carbon technology in the motor industry, will support a 25 million pound investment by Tata Motors in its West Midlands base, The Scotsman reports.
Tata Motors launches Jaguar, Land Rover in IndiaJune 28th, 2009 MUMBAI - Tata Motors, one of India's top automobile manufacturers, launched its Jaguar, Land Rover brands in India on Sunday. Addressing a press conference here on the occasion, Ratan Tata, the chairman of the Tata Group, said: "It's quite a memorable day in the history and heritage of Tata Motors...JLR has been well received and well established in India (in the past), but over the years this brand has been disconnected from India."
"I think, the cars will exhibit the levels of technology and levels of performance here.
Jaguar, Land Rover models launched in IndiaJune 28th, 2009 MUMBAI - Nearly 16 months after acquiring the iconic Jaguar and Land Rover brands, Tata Motors formally launched the luxury cars in India here Sunday. Tata Motors chairman Ratan Tata said initially, three Jaguar and two Land Rover models would be available in the country.
Tata motors announce first 1,00,000 Nano buyersJune 23rd, 2009 MUMBAI - Tata Motors on Tuesday announced the first 1,00,000 lucky buyers of the popular small segment car 'Nano', and said that the names have been selected through a random computerised process. "Tata Motors once again places on record its gratitude to the people of India for according such a warm welcome to the Tata Nano, as also to all its preferred financiers, dealers and partner companies for their stupendous effort in helping the company launch the Tata Nano," a statement released by the company said.
First 100,000 Nano buyers selected through lucky drawJune 23rd, 2009 MUMBAI - Tata Motors, makers of the much delayed Nano small car, Tuesday said it has completed random selection of the first 100,000 applicants who would buy the vehicle in the first phase and that delivery will begin next month. Tata Motors once again places on record its gratitude to the people of India for according such a warm welcome to the Tata Nano, as also to all its preferred financiers, dealers and partner companies for their stupendous effort in helping the company launch the Tata Nano, the company said in a statement.
Tata Motors, Bank of India tie up for Fiat car financeJune 15th, 2009 CHENNAI - Tata Motors has entered into an understanding with Bank of India for financing Fiat cars that are sold through the Tata-Fiat dealer network, the auto major said Monday. As per the agreement, customers can avail of special interest rates ranging from 9.75 percent to 10.25 percent on loans up to Rs.10 lakh for all Fiat models, including the forthcoming Grande Punto, Tata Motors said in a statement.
Prakash Telang new managing director of Tata MotorsMay 29th, 2009 MUMBAI - Auto major Tata Motors has appointed Prakash M. Telang as its managing director, while the incumbent Ravi Kant will continue as non-executive vice chairman, the company said Friday.
Despite Nano, Tata Motors scrip falls from day's highMarch 24th, 2009 MUMBAI - The Tata Motors scrip slipped from the day's high as investor interest waned over the much talked about Nano launch and analysts claimed that the car would not bring about a turnaround for the $62.5-billion Tata group. The Tata Motors scrip, which shot up over 8 percent in Monday morning trade, fell from its day's high to end 3.2 percent above its previous close at Rs.166.05.
Ratan Tata plans Nano launch in Europe, USMarch 24th, 2009 MUMBAI - Already making waves worldwide even before its low-priced car Nano hits the Indian roads, Tata Motors is contemplating a launch of the family car for the European and US markets, according to company chairman Ratan Tata. However, Tata categorically said, there were no plans currently for entering the vast Chinese market.
After Nano car, co-branded phones, watches, Tees await customersMarch 24th, 2009 MUMBAI - A host of co-branded merchandise, including watches, T-shirts and phones, will be tagged with the Nano brand, Tata group officials announced Monday while unveiling the commercial launch of their 'People's Car'. 'The Tata Nano comes with an attractive range of accessories and merchandise,' said Rajiv Dubey, president of the company's passenger cars division.
Investors lap up Tata scrip before Nano launchMarch 23rd, 2009 MUMBAI - Ahead of the launch of the world's cheapest car Nano, the Tata Motors scrip shot up over eight percent in Monday morning trade. The commercial roll-out of the small car will take place around 4.30 p.m.
Tata's Nano to be launched todayMarch 23rd, 2009 MUMBAI - Tata Group Chairman Ratan Tata is all set to launch the Nano, the 4-seater, 100,000-rupee price tag super-cheap car for the masses, today. Described as 'people's car' by Ratan Tata, customers can expect to own a car at a price between Rs.
Tata Motors exhibits Nano's international avatarMarch 4th, 2009 GENEVA - Tata Motors, makers of the $2,500 Nano small car, have decided to offer the world's least expensive passenger vehicle in the international market, the company announced at the Geneva Motor Show Tuesday. Called the Tata Nano Europa, the international variant 'is intended for a future launch in select international markets', the company said.
Nano to be launched March 23February 26th, 2009 KOLKATA - Global auto major Tata Motors Thursday announced that the much-awaited Tata Nano will be launched in Mumbai March 23. Tata Nano is world's cheapest car priced at around Rs.100,000.
Tata Motors wins Rs.22-bn contract for Delhi city busesJanuary 28th, 2009 NEW DELHI - Auto major Tata Motors has bagged a contract worth Rs.22 billion (Rs.2,200 crore) from the Delhi Transport Corp (DTC) to supply 1,625 low-floor buses and maintain them for 12 years, the company announced Thursday. The contract comprises about Rs.9 billion for the supply of buses and Rs.13 billion for their 12-year maintenance, Tata Motors said in a statement.
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