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Tata Motors to hike truck, bus prices by 1-1.5% next month

Tuesday, December 18, 2018, 5:59 PM

The country's largest commercial vehicle manufacturer Tata Motors will increase prices of its trucks and buses by 1-1.5 percent next month due to a consistent rise in raw material cost. A top company official confirmed to media that a price hike is on cards. The Mumbai-based company has already increased prices of its products thrice this financial year.
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Tata Motors' JLR to lay off staff temporarily at UK plant

Friday, November 30, 2018, 6:02 PM

Tata Motors' luxury carmaking unit Jaguar Land Rover will reduce the workforce at its engine factory in the UK by about 500 in a temporary move. The affected staff will continue to receive full pay for the period. The move reflects fluctuating global demand due to Brexit uncertainties, a decline in diesel car demand and lower China sales, Jaguar said.
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Tata Motors reveals turnaround plan for JLR after loss

Thursday, November 1, 2018, 2:43 PM

India's Tata Motors Ltd on Wednesday announced a turnaround plan for its luxury car unit Jaguar Land Rover which has been hit hard by trade tensions between China and the US, low demand for diesel cars in Europe and worries over Brexit. Under "Project Charge" Tata Motors said it plans to cut costs and improve cash flows at JLR by 2.5.billion pounds over 18-months.

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