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Shares of Tata Motors Commercial Vehicles Ltd (TMLCV), the newly demerged commercial vehicle arm of Tata Motors, made a robust debut on Wednesday, listing at a premium of over 26%–28% to its implied value.. The stock opened at Rs 335 on the NSE, up 28.5% from the implied value of Rs 260.75 and at Rs…
General Motors has laid off more than 200 salaried employees, primarily Computer-Aided Design (CAD) engineers, as part of its ongoing restructuring efforts to boost profitability. The cuts, which took place Friday at the company’s global tech campus in Warren, Michigan, come just days after the Detroit automaker raised its 2025 financial guidance following strong third-quarter…
Steve Jobs (Photo: @benbabunga/ X) General Motors is expanding its controversial decision to eliminate Apple CarPlay and Android Auto from all future vehicles, including gas-powered cars, not just electric models. GM CEO Mary Barra confirmed the company-wide strategy during an interview on The Verge’s Decoder podcast.The automaker initially dropped CarPlay support from its 2024 electric…
India’s auto sector posted a blockbuster quarter in Q3 2025, with 30 deals worth $4.6 billion, its highest in over a year, according to a report. The surge was largely powered by Tata Motors’ $3.8 billion acquisition of Italian commercial vehicle maker Iveco SPA, one of the biggest outbound deals by any Indian auto company.Upon…
Tata Motors Passenger Vehicles Ltd achieved a significant milestone this festive season, delivering more than 1 lakh vehicles between Navratri and Diwali, marking a 33 per cent year-on-year growth, the company said.The deliveries were led by SUVs, with the Nexon topping the charts at 38,000 units — a 73 per cent rise compared to the…
Tarun Garg (File photo; credit- Hyundai website) Hyundai Motor India announced on Wednesday the appointment of Tarun Garg as its new chief executive officer, establishing a historic milestone as the first Indian to lead the company’s operations in the country. The announcement was made alongside the disclosure of a $5 billion investment strategy for enhancing…
The company will adopt the name Tata Motors Passenger Vehicles Ltd (TMPV), comprising passenger vehicles, electric vehicles and Jaguar Land Rover (JLR) units. (AI image) Tata Motors demerger: Tata Motors shares dropped by 40% during early trading on Tuesday, with shares opening at Rs 399 on the Bombay Stock Exchange, compared to Monday’s closing price…
Tata Motors’ shares fell 6.8% over the past four sessions to touch Rs 689.3 on the BSE on Wednesday, slipping below the Rs 700 mark as investors awaited the record date for the company’s upcoming demerger. The decline comes amid market anticipation of the separation of its commercial and passenger vehicle businesses, alongside the phased…
Tata Motors has reclaimed the second spot in India’s passenger vehicle market, overtaking Hyundai Motor India and Mahindra & Mahindra in September, thanks to a strong performance in both SUVs and electric vehicles (EVs). The company has also widened its lead over the JSW MG Motor in the EV segment.According to government data from the…
Moody’s Ratings on Monday changed Tata Motors’ outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover, which has led to a complete production halt.The rating agency affirmed the Mumbai-based auto major’s Ba1 corporate family rating (CFR). “The outlook change to negative from positive reflects our view that a…
