|Bid||0.00 x 900|
|Ask||0.00 x 3100|
|Day's range||22.07 - 22.49|
|52-week range||20.62 - 36.19|
|PE ratio (TTM)||15.96|
|Forward dividend & yield||N/A (N/A)|
|1y target est||31.50|
The most recent earnings release Tata Motors Limited’s (NSEI:TATAMTRDVR) announced in March 2018 signalled that the company gained from a robust tailwind, eventuating to a double-digit earnings growth of 46.85%.Read More...
LONDON (AP) — Jaguar Land Rover is shifting all production of its Discovery model to Slovakia amid falling diesel sales, vehicle taxes and uncertainty about Britain's departure from the European Union.
Britain’s biggest carmaker, Jaguar Land Rover, is moving all production of its Land Rover Discovery SUV to Slovakia from a plant near Birmingham, which will be retooled to accommodate a new generation of electric cars. The company, owned by Tata Motors Ltd., will create a new factory platform at its Solihull, England, plant that will enable the production of cars in electric, gasoline and diesel versions, said people familiar with the matter, asking not to be named because the information isn’t public. All Discovery production will be gone from the U.K. by early 2019, resulting in possible job cuts at the Solihull plant before it ramps up staffing again.
Jaguar Land Rover will shed hundreds of UK jobs as it relocates manufacturing of its Land Rover Discovery to Slovakia, in a reshuffle of factories that will also pave the way for the production of electric vehicles in Britain in future. Britain’s biggest carmaker will invest hundreds of millions of pounds in retooling its Solihull plant to build the next Range Rover and Range Rover Sport cars at the site from around 2020, some of which will be electrically powered. The Slovakian site, which is fitted out to produce up to 150,000 vehicles, but with the capacity to expand to another 150,000 if needed, is JLR’s first major non-UK factory.
Big trucks are all the rage in India, but Tata Motors Ltd.’s fortunes are still riding on a luxury marque that isn’t quite built for the subcontinent’s roads. Medium and heavy-duty commercial vehicles have been the fastest-growing segment of India’s rapidly expanding auto market, with sales up more than 60 percent in May from a year earlier as transport companies upgrade fleets. That’s been a tailwind for Tata Motors, one of the country’s biggest truck manufacturers: The company reduced net losses at its local operations in the financial year ended March 31 and managed to expand still-slim Ebitda margins, despite large one-time restructuring charges. Tata Motors stock has fallen around 7 percent in Mumbai since it announced results in May.
The maker of the Range Rover is working on self-driving technology capable of handling all types of terrain and weather as part of a 3.7 million-pound ($4.9 million) project, Jaguar Land Rover Automotive Plc said Wednesday. The goal is to combine acoustic sensors, cameras, radar and LiDAR technology to enable a car to assess and react to its surroundings, according to the unit of India’s Tata Motors Ltd. “The expectation is that from the middle of the next decade onwards, we’ll see some features rolling out” that would enable autonomous driving in off-road conditions, Nigel Clarke, a JLR research manager, said in an interview.
The U.S. has begun an investigation into imports of automobiles and parts to determine whether they threaten national security and the economy.
Tata Motors Ltd. fell as much as 8.2 percent after earnings at the owner of Jaguar Land Rover missed analysts’ estimates amid sluggish demand for its luxury cars in Europe. Jaguar Land Rover said it will spend about 4.5 billion pounds ($5.3 billion) in the current financial year on new models and technologies as it looks to spur sales that grew at a slower pace. Deliveries at Jaguar Land Rover rose 1.7 percent in the year through March, with demand for newer models such as the Jaguar E-Pace compact sport utility vehicle and Range Rover Velar failing to offset a sales drop in older models.
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GM and most auto stocks rose amid news that China will reduce import tariffs on autos and auto parts. But Tesla, which should be a big winner, fell sharply.
Autonomous cars continue to be a major area of focus for most automakers and Ford Motor Company (F) is the latest to jump the bandwagon.
Jaguar Land Rover, Britain’s biggest carmaker, is poised to announce the elimination of around 1,000 posts currently filled by workers on short-term contracts as it grapples with slumping U.K. sales of ...
The 2018 New York International Auto Show is in full swing, here are some of the cars that caught our eye and have huge ramifications for industry, and the individual automakers relying on big sales.
BlackBerry Ltd. will help Jaguar Land Rover develop new automotive technology, adding another major brand to its web of partnerships on car software.