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Tata’s Shares Drop on Production Cut Rumors


Tata Motors’ shares dropped significantly due to reports that the automaker is cutting down production because of inventory pile-up and lower sales. "Tata Motors is sharply pruning production as it grapples with falling sales and an inventory pile-up. In the past few months, it has seen its market share erode as competition intensifies in the compact car segment even as there ...
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More Tata Motors articles

Tata Motors not coming to Romania, company spokesman says
Tata Motors has officially denied reports that it plans to invest $1 billion to build a new auto plant in Romania. Following yesterday's report in which a Cluj County Council spokesman ...
Local official can “neither confirm nor deny” Tata Motors’ investment in Romania
The name of the carmaker that reportedly plans to invest $1 billion in a new plant in Romania is being kept secret by local authorities. Despite speculation that Tata Motors is ...
Karthikeyan considering IndyCar switch
Former F1 driver Narain Karthikeyan has reportedly set his sights on IndyCar, following the demise of the HRT team. As a return to Formula 1 is highly improbable, the Indian driver ...
Jaguar starts XF assembly in India
Jaguar Land Rover, Tata Motors luxury-car unit, has started assembling two variants of its Jaguar XF sedan in India. According to the Wall Street Journal, the move will allow the company to ...
Tata Motors Plans to Invest 1 Billion Euro to Build Romanian Plant
Dailybusiness.ro published a report according to which, Tata Motors plans a full fledged production plant in Romania. Tata Motors, the largest automaker in India, plans to make an investment in the ...
Tata Group plans investments of more than $8.2 billion by 2015
Indian conglomerate Tata Group plans to invest more than 450 billion rupees ($8.2 billion) over the next two years, according to the company's new chairman. Cyrus Mistry, Tata's new boss, wrote ...
Next-generation Jaguar XK to be larger, more luxury-orientated
Jaguar's next-generation XK series will be bigger to leave room for the F-Type in the brand's lineup. Autocar reports design director Ian Callum said Jaguar was “going through a lot of ...
Jaguar Land Rover opens cold weather testing facility in Minnesota
Jaguar Land Rover has officially inaugurated a new winter testing facility in International Falls, Minnesota, United States. The British automaker owned by Indian carmaker Tata Motors will use the facility for ...
Jaguar Land Rover sales rose 10 percent in October
Jaguar Land Rover sold over 25,000 vehicles globally in October, 10 percent more than in the same month last year. The exact number of JLR vehicles sold last month is 25,176, ...

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