Tata Motors (TTM)

HenryTo · Posted: Sat Apr 01, 2006 8:50 pm Post subject: Tata Motors (TTM)

Another 60% increase in the stock price or so would take the market cap of this Indian car manufacturer to over the market cap of GM:

http://finance.yahoo.com/q/ks?s=TTM

HenryTo · Posted: Thu Jan 12, 2012 2:26 am Post subject:

Tata unveils $20,000 electric vehicle, although it doesn't look too impressive at first glance.

http://news.yahoo.com/tata-unveils-cheap-electric-car-detroit-235512564.html

rffrydr · Posted: Thu Sep 15, 2011 6:55 am Post subject:

India’s inequality: Tata Motors case study

India’s policymakers have seemed preoccupied lately with the idea of “inclusive growth”: that the benefits of economic development should be spread more evenly among the nation’s 1.2bn people. The latest bad figures on inflation, which always hurts the poor most, suggest that there is much work to be done. And in this context, developments at Tata Motors should also be concerning.

Leave aside the share price in free fall – down 46 per cent this year, the worst in the Sensex – and the departure last week of chief executive Carl-Peter Forster, attributed to “unavoidable personal circumstances”. Focus instead on the company’s sales mix.

Uniquely, Tata sells models across the entire spectrum of demand, from the high end (Jaguar Land Rover) to the low (the Nano). Last month JLR sales in India kept climbing, while sales of the Nano dropped by 85 per cent from a year ago, as Tata stopped production to allow dealers to shift inventory. Cumulative sales of the Nano in the fiscal year beginning in April are almost a fifth lower than at the same stage in 2010. The best year-on-year figures in passenger vehicles have all been posted by pricier models in the Sumo, Safari and Aria ranges.

This does not appear to be a trend peculiar to Tata: at Maruti Suzuki, India’s biggest automaker by volume, sales of its midsize SX4 model have been more resilient than the low-end brands such as the M800, Alto and A-Star. More likely, it is a symptom of a high dependency on credit to sell cars, in a country where just over half of people have bank accounts and less than a tenth have credit accounts – while the cost of credit keeps rising. Chairman Ratan Tata has not failed, yet, in his vision to bring the “People’s Car” to the masses. But if the Reserve Bank of India is seeking examples of exclusive growth, the car market is not a bad place to start
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Sun Aug 21, 2011 3:05 pm Post subject:

Nano shrinking from sight:

http://www.economist.com/node/21526374

Takes more than a cheap car to sell cars.
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Sun Apr 12, 2009 11:47 pm Post subject:

Getting financing and back up to Oct '08 highs:

http://www.bloomberg.com/apps/news?pid=20601091&sid=aUd7YxmuijnQ&refer=india
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Tue Mar 24, 2009 9:22 pm Post subject:

"A beautiful beautiful shape" engineered for "adulterated gas":

http://www.cnbc.com/id/15840232?video=1070016015&play=1
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Mon Mar 23, 2009 5:21 pm Post subject:

Here it is!

http://www.latimes.com/news/nationworld/world/la-fg-india-car24-2009mar24,0,3689671.story

Let's see how that suspension holds up on indian highways.
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Sun Mar 23, 2008 8:22 pm Post subject:

Jaguar makes "it's Passage to India"

http://www.latimes.com/business/la-fi-jaguar22mar22,0,4963471.story

The irony is misleading. It's the Indian coming to Jaguar, their "cost of entry" to western markets.
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Wed Mar 12, 2008 1:20 am Post subject:

More on the Tata Nano:

http://www.caranddriver.com/reviews/hot_lists/high_performance/features_classic_cars/most_significant_debuts_at_the_2008_geneva_auto_show_feature+page-9.html