Tata Motors: The Story Of Epic Journey

[incarnation]

Seems that TATA is finally got thier recipe right. i hope this continues with the product line up they have for this year.

 

[Akash1886]

Tata Motors sales at 46,349 in January 2017​

Key Highlights:

· Tata Motors’ Passenger vehicle segment grew by 21%, due to continued positive response for the Tata Tiago.

· In M&HCVs, construction vehicles continued to grow at 26.5%

· The IM&HCV Bus segment witnessed a growth of 12%, driven particularly by Government/STU, intercity, staff application segments

New Delhi, February 01, 2017: Tata Motors passenger and commercial vehicle total sales (including exports) in January 2017 were at 46,349 vehicles, a decline of 1% over 47,035 vehicles sold in January 2016. The company’s domestic sales of Tata commercial and passenger vehicles for January 2017 registered flat growth at 41,428 nos., over January 2016. Cumulative sales (including exports) of the company for the fiscal was at 4,37,842 nos., higher by 6% over 4,11,974 vehicles, sold last year.

Domestic - Passenger Vehicles

In January 2017, Tata Motors passenger vehicles, in the domestic market, recorded sales at 12,907 nos., with a growth of 21%, over January 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa.

Cumulative sales growth of all passenger vehicles in the domestic market for the fiscal were at 1,25,446 nos., a growth of 18%, compared to 1,06,650 nos., in the last fiscal.

Domestic - Commercial Vehicles

The overall commercial vehicles sales in January 2017, in the domestic market were at 28,521 nos., lower by 7% over January 2016. The construct segment continued to grow strongly by 26.5% Y-o-Y, as road construction continues to drive demand, along with coal & iron ore mining also gaining momentum. IM&HCV Bus sales grew by 12%. The M&HCV segment is witnessing an improvement in enquiry levels, after a weak Q3.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was flat at 2,58,928 nos. over last year.

Exports

The company’s sales from exports was at 4,921 nos. in January 2017, a decline of 13% compared to 5,637 vehicles sold in January 2016. The cumulative sales from exports for the fiscal was at 53,468 nos., higher by 15%, over 46,537 nos., sold last year.

Regards

Akash

 

[Akash1886]

Tata Motors Consolidated Net Revenue ₹67,484 crores, Consolidated PAT ₹112 crores​

Consolidated Financial Results for the Quarter and Nine months ended December 31, 2016

– As per Ind AS

For the quarter ended December 31, 2016, Tata Motors reported consolidated revenues (net of excise) of ₹67,484 crores as against ₹70,567 crores for the corresponding quarter last year (unfavourable translation impact of ₹ 10,670 crores). Consolidated Profit before tax for the quarter was ₹599 crores, against ₹3,414 crores for the corresponding quarter last year. This broadly reflects:-

In Jaguar Land Rover business-

Strong retail sales, up 8.5% y-o-y on continued strong demand for the product, revenue (in £) up 13.1% y-o-y ;

Lower wholesale volumes and relatively weaker product mix (including the run out of Discovery) in Jaguar Land Rover business, overall higher marketing expenses partially offset by credit relating to the recovery because of explosion at the port of Tianjin (China).
In Standalone business-

De-growth in the M&HCV segment and flat LCV segment partially offset by growth in Car segment.

Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) for the quarter was ₹112 crores, against the Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) of ₹2,953 crores for the corresponding quarter last year.

For the nine months ended December 31, 2016, the Consolidated revenue (net of excise) was ₹1,99,429 crores against ₹1,92,543 crores (unfavourable translation impact of ₹ 18,840 crores) for the corresponding period last year. The Consolidated Profit before tax for the nine months ended December 31, 2016 was ₹4,149 crores against ₹8,237 crores for the corresponding period last year. Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) for the nine months ended December 31, 2016 was ₹3,220 crores, as against ₹6,467 crores for the corresponding period last year.

Tata Motors Standalone Financial Results (including Joint Operations) for the Quarter and Nine months ended December 31, 2016 - As per Ind AS

During the quarter, Commercial vehicle segments of the Company witnessed demand shrinkage due to the demonetization –M&HCV segment witnessed major pressure with a fall of 9.0% Y-o-Y and LCV segment was overall flat. Passenger vehicles segment grew by 25.4% Y-o-Y with Car segment growth of 31.1% Y-o-Y on the back of continued strong response to the Tiago. Exports grew by 34.6% Y-o-Y.

The sales (including exports) of commercial and passenger vehicles for the quarter ended December 31, 2016, stood at 132,572 units, a growth of 7.5%, as compared to the corresponding quarter last year. The revenues (net of excise) of the Standalone business (including Joint Operations) for the quarter ended December 31, 2016 stood at ₹10,167 crores, as compared to ₹10,019 crores for the corresponding quarter last year. Operating profit (EBITDA) of the Standalone business (including Joint Operations) for the quarter stood at ₹153 crores with operating margin at 1.5%. Loss before and after tax for the quarter ended December 31, 2016 was ₹1,032 crores and ₹1,046 crores, respectively, against ₹139 crores and ₹137 crores, respectively, for the corresponding quarter last year.

The revenues (net of excise) of the Standalone business (including Joint Operations) for the nine months ended December 31, 2016, stood at ₹30,940 crores as compared to ₹30,068 crores in the corresponding period last year. Operating profit (EBITDA) of the Standalone business (including Joint Operations) for the nine months stood at ₹1,229 crores with operating margin at 4.0%. Loss before and after tax for nine months ended December 31, 2016 was ₹1,603 crores and ₹1,651 crores, respectively, against the ₹404 crores and ₹460 crores, respectively, for the corresponding period last year.

Jaguar Land Rover Automotive PLC - (figures as per IFRS)

Total Retail sales including the China JV in the third quarter were 149,288 units, up 8.5% on strong demand for products, primarily reflecting higher volumes in China (incl. CJLR), North America and Europe led by strong sales of Discovery Sport, F-PACE and the new long wheel base XFL in China. Jaguar Land Rover wholesales and retails excluding the China JV for the quarter were 130,910 units and 129,893 units, respectively. China JV wholesales and retails for the quarter were 21,335 units and 19,395 units, respectively.

Revenues for the quarter ended December 31, 2016 were £6,537 million (up 13.1% Y-o-Y), compared to £5,781 million for the corresponding quarter last year. Operating profit (EBITDA) for the quarter was £611 million (9.3% margin), compared to £834 million (14.4% margin) for the corresponding quarter last year. The Operating performance in the quarter reflects

Lower wholesale volumes and less favourable product mix partially offset by favourable market mix (including the runout of Discovery);

Unfavourable variable marketing expense including the extended 16MY runout expenses in the US;

Higher new model launch costs and Biennial pay negotiation settlement;
Favourable operating exchange offset by realized hedges.

Profit before tax (PBT) was £255 million for the quarter ended December 31, 2016 (after an exceptional item of £85 million of further recoveries related to Tianjin) compared to £499 million in the corresponding quarter last year (which also included an exceptional item of £30 million of recoveries related to Tianjin). The PBT performance reflects:

Lower EBITDA as explained above and higher depreciation and amortisation,
Unfavourable unrealized FX and commodity hedge revaluation as well as USD debt revaluation partially offset by:

Higher China JV profitability (£35 million in Q3 FY 17 vs £22 million in Q3 FY 17) and lower net finance expenses.

Further recoveries related to Tianjin (£85 million compared to £30 million a year ago)

Profit after Tax (PAT) was £167 million for the quarter ended December 31, 2016 compared to £440 million in the corresponding quarter last year.

Revenues for the nine months ended December 31, 2016 stood at £17,951 million, compared to £15,614 million in the corresponding period of last year and operating profit (EBITDA) stood at £1,898 million for the nine months, compared to £2,244 million in the corresponding period of last year. PBT for the nine months ended December 31, 2016 was £934 million compared to £980 million in the corresponding period of last year and PAT for the nine months stood at £715 million compared to £840 million in the corresponding period of last year.

Tata Daewoo Commercial Vehicles Co. Ltd - (figures as per Korean GAAP)

Tata Daewoo Commercial Vehicles Co. Ltd. registered net revenues of KRW 268 billion (approx. ₹1,603 crores) and recorded a net profit of KRW 15 billion (approx. ₹90 crores) in the quarter ended December 31, 2016. Net revenue and net profit for the nine months ended December 31, 2016 stood at KRW 773 billion (approx. ₹4,509 crores) and KRW 36 billion (approx. ₹210 crores), respectively.

Tata Motors Finance Ltd- (As per I GAAP)

Tata Motors Finance Ltd, the Company's captive financing subsidiary, on a consolidated basis registered net revenue from operations of ₹688 crores and reported a Loss after tax of ₹3 crores for the quarter ended December 31, 2016. Net revenue from operations and Profit after tax for the nine months ended December 31, 2016 stood at ₹2,104 crores and ₹9 crores, respectively.

Regards

Akash

 

[navnit013]

TATA has made a statement on twitter. Saying rumors related to Ford are false.

Should be that revenge thing.

 

[navnit013]

its about the news doing rounds that Ford is planning to buy TATA motors PV business.

Who plants such news! And its been lapped up by cnbctv18.

 

[TAUREAN CZAR]

Six Angles of attack - G. Butschek’s new mantra for TATA Motors

Six Angles of Attack Angle of attack is a phrase used in the aeronautical industry to describe the acute angle between the chord of an aircraft wing and the direction of the wind, which helps lift planes.

At Tata Motors, Butschek’s first angle of attack is to address top line growth — not just bring in more products but bring them faster to market.

The second angle is to bring about agile cost management, which essentially will entitle structural improvements and a modular bill of material that can shave costs by using common components across the two modular platforms.

The third angle is to bring in customer centricity, something that Tata Motors woefully lacks.

The fourth is to make sure that the processes and products are done right the very first time.

The fifth initiative is setting up of a core team that will look at discontinuity, disruption in the market place, new mobility solutions and new business models.

And the last angle of attack is organisational effectiveness, which would mean adding speed, simplicity and agility to the organisation.

In a two-hour-long interaction, Butschek, a former chief operating officer at Airbus Group SA, slipped into the parlance associated with the aviation industry to explain the ongoing transformation at Tata Motors. Tata Motors’ turnaround will revolve around the “six angles of attack. We cannot be a steamboat when the market has speedboats,” he said.

Guenter Butschek TATA Motors

 

[Rumbutan]

Tata needs to improve a lot with customer centricity . I was almost certain that my next vehicle would be bolt or Zest . But poor sales team drifted me away to Ford .
Tata should certainly understand if they want to sell their products they should be customer centric rather than customer running after them . Even Maruti with long waiting periods ask for customer feedback .
The most saddening fact is that tata is not even enquiring about my booking , so that I couldn't tell them these .

 

[Akash1886]

Tata Motors sales at 47,573 in February 2017​

Mr. Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors, said “Tata Motors’ passenger vehicle business grew by 12% in February owing to a continued strong demand for the Tata TIAGO. Our recently launched lifestyle UV HEXA, has received an encouraging response and going forward our robust product portfolio will drive growth in the coming months.”

New Delhi, March 01, 2017: Tata Motors passenger and commercial vehicle total sales (including exports) in February 2017 were at 47,573 vehicles, higher by 2% over 46,674 vehicles sold in February 2016. The company’s domestic sales of Tata commercial and passenger vehicles for February 2017 were at 42,679 nos., higher by 3%, over 41,532 nos., in February 2016. Cumulative sales (including exports) of the company for the fiscal was at 485,415 nos., higher by 6% over 458,648 vehicles, sold last year.

Domestic - Passenger Vehicles

In February 2017, Tata Motors passenger vehicles, in the domestic market, recorded sales at 12,272 nos., with a growth of 12%, over February 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa.

Cumulative sales growth of all passenger vehicles in the domestic market for the fiscal were at 137,718 nos., a growth of 17%, compared to 117,560 nos., in the last fiscal.

Domestic - Commercial Vehicles

The overall commercial vehicles sales in February 2017, in the domestic market were at 30,407 nos. lower by 1% over February 2016.

The MHCV Cargo segment demand has picked up due to pre-buying on account of expected price increase led by BSIV implementation from 1st April. Overall sales of Tata Motors’ M&HCV were at 15,031 nos. in February 2017, a growth of 1%, over February 2016. TML Bus sales continued to grow by 30% in February 2017, driven particularly by STU orders, supported by Intercity and Staff Application segments. Demand from schools is also gaining momentum.

Improved consumer sentiments, waning effect of demonetization and aggressive push by the market players has led to recovery of S&LCV segment volumes, this month. Sales of Tata Motors’ Small & Light Commercial Vehicles were at 15,376 nos., in February 2016. Cumulative sales of commercial vehicles in the domestic market for the fiscal was flat at 289,335 nos. over last year.

Exports

The company’s sales from exports was at 4,894 nos. in February 2017, a decline of 5% (owing to lower PV shipment) compared to 5,142 vehicles sold in February 2016. The cumulative sales from exports for the fiscal was at 58,362 nos., higher by 13%, over 51,679 nos., sold last year.

Regards

Akash

 

[Akash1886]

Tata Motors sales higher by 8% in March 2017 at 57,145 units​

Tata Motors passenger vehicles business grew by 84% in March 2017 YoY

Tata Motors commercial vehicles wholesales were affected by the supreme court judgement announced on March 29, while retail was very strong
Sales of Tata Motors bus continued to grow, with a growth of 26% in March 2017, driven by Government & STU orders

Cumulative sales from exports for the fiscal, was higher by 11% over last year

Commenting on the sales performance Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said, “The sales for the month of March have been encouraging with a robust growth of 84% owing to the continued demand for TIAGO and HEXA. The launch of the HEXA, TIAGO AMT and TIGOR have set new benchmarks in their respective segments signifying Tata Motors as one of the fastest growing manufacturers in India.”

Mumbai, April 01, 2017: Tata Motors passenger and commercial vehicle total sales (including exports) in March 2017 were at 57,145 vehicles, higher by 8% over 53,057 vehicles sold in March 2016. The company’s domestic sales of Tata commercial and passenger vehicles for March 2017 were at 51,309 nos., higher by 10%, over 46,701 nos., in March 2016.

Cumulative sales (including exports) of the company for the fiscal was at 542,561 nos., higher by 6% over 511,705 vehicles, sold last year.

Domestic - Passenger Vehicles

In March 2017, Tata Motors passenger vehicles recorded sales at 15,433 nos. in the domestic market, a growth of 84%, over March 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response for its recently launched lifestyle UV, Tata Hexa and its latest Styleback, the Tata Tigor.

Cumulative sales growth of all passenger vehicles in the domestic market for the fiscal were at 153,151 nos., a growth of 22%, compared to 125,946 nos., in the last fiscal.

Domestic - Commercial Vehicles

The overall commercial vehicles sales in March 2017, in the domestic market were at 35,876 nos. lower by 6% over March 2016.

The wholesale figures of Tata Motors commercial vehicles were affected by the Supreme Court judgement announced on March 29, leading to confusion and the consequent focus at the dealer level to increase retail and to reduce the levels of unsold stock

Overall sales of Tata Motors’ M&HCV were at 17,648 nos. in March 2017, a decline of 5%, over March 2016. Tata Motors bus sales continued to grow by 26% in March 2017, driven primarily by STU orders.

Sales of Tata Motors’ Small & Light Commercial Vehicles were at 18,228 nos. in March 2017, lower by 8% over 19,777 units over March 2016.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was up by 1% at 385,373 nos. over last year.

Exports

The company’s sales from exports was at 5,836 nos. in March 2017, a decline of 8% compared to 6,356 vehicles sold in March 2016. The cumulative sales from exports for the fiscal was at 64,199 nos., higher by 11%, over 58,035 nos., sold last year.

Regards

Akash

 

[torquehead]

Looks Tiago has crossed 6k mark and hexa 2k with Tigor if any with decent start.
I don't think other vehicles apart from zest have contributed any.

 

[InsaneTurbo]

Looks Tiago has crossed 6k mark and hexa 2k with Tigor if any with decent start.
I don't think other vehicles apart from zest have contributed any.

from where did you find these figures? please provide the source.

 

[torquehead]

from where did you find these figures? please provide the source.

I am guessing sir. 15k is tata car sales. When Tiago was selling around 5 6k, it clocked around 12 13k. Add Hexa sales and Tigor (if any), this is how should the break up be.
Auto punditz still didn't update

 

[vikyjoshi]

Tata sold
174 Nanos
1021 Sumos
440 Safaris
940 Hexas
12858 cars (Tiago, Tigor, Zest, Bolt, indica indigo CS)


Wonder why Hexa numbers are slipping. Is it that people love the Hexa but put money on the Toyota, XUV, Endy?

 

[DrRishabh]

Tata sold
174 Nanos
1021 Sumos
440 Safaris
940 Hexas
12858 cars (Tiago, Tigor, Zest, Bolt, indica indigo CS)


Wonder why Hexa numbers are slipping. Is it that people love the Hexa but put money on the Toyota, XUV, Endy?

Not encouraging nos. Nano is dying natural death. Hexa is going downward since launch. Tata should announce price cut to maintain sales on hexa and a fully equipped XZ variant to compete with XUV 500 w10.

 

[InsaneTurbo]

Tata sold
174 Nanos
1021 Sumos
440 Safaris
940 Hexas
12858 cars (Tiago, Tigor, Zest, Bolt, indica indigo CS)


Wonder why Hexa numbers are slipping. Is it that people love the Hexa but put money on the Toyota, XUV, Endy?

Expecting much higher no.s from Hexa , 1500 is ok .
These safari no.s are for the army or civilians?