tata motors
Tata’s rival Ashok Leyland, the second biggest commercial vehicles maker, also reported 50 per cent decline in sales at 8,296 units, down from 16,628 units it sold last year.
Truck sales plunge in August
04 Sep 2019 2:14 AM

Volvo Trucks recorded sales of 76 units against 121 units a year ago, down 37.2 per cent.

“It is a block (some assembly lines) closure for two days from August 16 to 17 at our Jamshedpur factory to align production with the slowing market demand,” an official spokesperson of Tata Motors told Financial Chronicle.
Tata Motors to shut Jamshedpur plant for third time this month
16 Aug 2019 2:13 AM

Till date over 450 dealerships of various auto brands have been shut across the country due to sales slump, rendering thousands jobless.

Market leader Maruti Suzuki India's production during the period stood at 5,32,979 units, down 18.06 per cent from the comparable period last fiscal. (Representational image)
Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut production
15 Aug 2019 1:07 PM

PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.

Maruti Suzuki, India’s biggest car maker, is also likely to cut down production and operate just one shift at all its factories, with demand for car slumping to a decade low and causing inventory to bloat.
Tata Motors, Mahindra and Mahindra set to slash production
10 Aug 2019 1:35 AM

Maruti may operate just one shift at factories.

On Thursday, auto components maker Jamna Auto said it may suspend production at all its manufacturing facilities this month.
Automakers cut production to align with tapering market demand
09 Aug 2019 7:49 PM

M&M said it would be observing 'no production days' in various plants for 8-14 days during second quarter of 2019-20.

Preliminary data shows overall car sales in the country may have dropped as much as 30 per cent in July.
Earnings disappoint; gloomy Diwali seen
07 Aug 2019 1:37 AM

The country’s biggest lenders and automakers have all sounded warning bells over the slower growth in demand and consumption.

The broader NSE Nifty dropped 138 points or 1.24 per cent to close below the key 11,000-mark at 10,980.00. (Photo: File)
Sensex crashes over 300 points on US-China trade tensions
02 Aug 2019 10:10 AM

However, Bharti Airtel, Asian Paint, Tata Motors and Infosys gained in the morning trade.

Tata Motors chairman N Chandrasekaran. (Photo: PTI)
N Chandrasekaran re-appointed as director of Tata Motors
31 Jul 2019 4:55 PM

Shareholders approved the re-appointment of Chandrasekaran with 98.65 per cent votes.

Scrip of Bajaj Auto fell 1.54 per cent, Eicher Motors declined 1.39 per cent, while Maruti Suzuki India ended down 0.31 per cent.
Auto stocks fall up to 3 pc after SIAM's sales data
10 Jul 2019 7:40 PM

Led by losses in these scrips, the BSE auto index fell 1.07 per cent to close at 16,948.23.

On Monday, Tata Motors reported 49 per cent decline in March quarter 2019 results at Rs 1,108.66 crore.
Tata Motors shares fall 6 pc post quarterly results
21 May 2019 1:08 PM

The scrip, after a weak opening at Rs 186.60, further dropped 6.10 per cent to Rs 178.40 on the BSE.


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