TTM Stock Recent News

Jaguar Land Rover is to pay for police support after a spate of thefts left its Range Rovers owners complaining the cars were too easy to steal. Tata-owned JLR said it will spend one million pounds on additional resources for the police in areas with high theft levels.

Dublin, June 14, 2024 (GLOBE NEWSWIRE) -- The "India Prefabricated Construction Industry Business and Investment Opportunities Databook - 100+ KPIs, Market Size & Forecast by End Markets, Precast Products, and Precast Materials - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering. The prefabricated construction industry in India is expected to grow by 14.4% to reach INR 1,146 billion in 2024, growing steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 13.5% during 2024-2028. The prefabricated construction output in India is expected to reach INR 1,904.8 billion by 2028. The rising adoption of prefabricated technology, coupled with government initiatives will lead the market growth in 2024. Larsen & Turbo (L&T) revealed that their clients are widely accepting prefab construction technology due to faster construction time and project deliveries using off-site modular construction methods.

Tata Sons, the parent company of the Indian conglomerate, could reach a valuation of US$96 billion, or 8 trillion Rupees, in an upcoming IPO expected to occur in the next year and a half. Its investments include Tata Consultancy, the software giant, Jaguar Land Rover maker Tata Motors Limited (NYSE:TTM) and Indian airline Vistara.

Private demand for electric vehicles flagged in February, prompting the motor industry to call for incentives to aid consumers in Wednesday's Spring Budget. Battery electric vehicle registrations increased by 22% to 14,991 in February, Society of Motor Manufacturers and Traders (SMMT) data showed on Tuesday, against a wider 14% uptick in car sales over the month.

Tata Motors Limited (TTM) Q3 2024 Earnings Call Transcript

Tata Steel has confirmed plans to close the two blast furnaces at the country's biggest steel works at Port Talbot in Wales. Both blast furnaces at the site will be closed with these being replaced by electric arc furnaces to cut costs and carbon emissions.

Jaguar Land Rover will supply cars for tests on the viability of using electric vehicles to charge each other or even send power back to the grid. Unveiling over £5 million of public funding on Wednesday, the government backed four schemes looking at how electric vehicles could be used as sources of power.

Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, as the government reviews Tesla's plans to enter the market, people with direct knowledge said.

Tata Motors Limited (NYSE:TTM ) Q2 2024 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants P.B. Balaji - Group Chief Financial Officer Richard Molyneux - Chief Financial Officer, Jaguar Land Rover Girish Wagh - Executive Director Shailesh Chandra - Managing Director, Tata Motors Passenger Vehicles Ltd.

Jaguar Land Rover has opted to manufacture the electric version of its Defender off-road vehicle in Slovakia over the quintessentially British car's home turf. The news comes just days after Tata Motors Limited (NYSE:TTM)-owned Jaguar unveiled a new £250 million test facility in Coventry, England as it braces to push ahead into the electric vehicle (EV) sphere.