Tata Motors: The Story Of Epic Journey


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They have only got 60% now. Remaining 40% can be won by M&M if they can match TML's bidding price. The final decision on the remaining 40% will be taken by mid October. ET link below:
Tata Motors: Tata Motors bags Rs 1,120 crore order for 10,000 e-cars from EESL - The Economic Times

Now most of the reports say it is the Tigor EV. We haven't seen a prototype of the same. What TML is really up to. Since they are ok with Tiago EV, they think, Tigor EV is also possible without testing in Indian conditions ? Hope this contract will not have the fate of TML's Marcopolo AC LF tenders for BMTC which earned only negative reviews for TML. BMTC approved the model proposed by TML but the performance of those buses were bad. Similarly here EESL is going for the lowest bidder. If the product fails to deliver, it will be the biggest reason for concern for TML once the EV saga gains momentum and open to public in a much higher scale than today.

Wishing TML all the best to win the remaining 40% tender as well as it will boost their plans to be profitable within this FY in a standalone basis. But until they deliver the first car in November, I will remain skeptical about this.
I think it could be Zest EV which were doing test rounds quite early this year as per the info I got at that time however we cannot rule out Tigor EV as well. Good for Tata & India both.
 

Akash1886

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Strong growth in Pick-up (50%), SCV (40%), ILCV (34%) & MHCV (25%) segments drives Tata Motors commercial vehicles sales higher by 29% in Sept 2017

Tata Motors continues to grow in Passenger vehicles segment clocking a growth of 18% in Sep 17

Newly launched compact SUV, Tata Nexon receives tremendous response​

Commenting on the strong sales performance, Mr. Girish Wagh, Head – Commercial Vehicle Business Unit, Tata Motors, said, “Business turnaround with focus on the Commercial Business has been on the back of strong product portfolio across segments and intense customer engagement. With a growth of 29% in September 2017 compared to last year, our domestic commercial vehicle sales continued to register robust growth for the third consecutive month. With growing infrastructure development and restrictions on overloading creating demand for high tonnage vehicles, our M&HCV sales witnessed 25% growth in volumes backed by a strong customer acceptance of our SCR technology and the continued ramp up of our BS4 vehicles production. The I&LCV Truck segment grew by 34% over last year supported by introduction of a number of new products including the Ultra range. The Pickup segment registered strong growth of 50% owing to the overwhelming response for the Tata Xenon Yodha, while the SCV cargo witnessed 40% growth with a wide acceptance of the XL range across markets. Our strong performance in Q2 with an average of 25% sales growth is a clear testament of our focused efforts to continuously improve and upgrade our products, while providing our customers with superior value and comfort.”

Commenting on the strong growth momentum in passenger vehicles, Mr. Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, said,” With a growth of 18% in September 2017, we have recorded highest sales since November 2012, backed by our strong portfolio of new generation products like TIAGO, HEXA and TIGOR. Our recently launched lifestyle SUV- NEXON has received an encouraging response across markets and we hope to further expand our addressable market. With the on-going festive season, the consumer sentiment continues to remain positive and are optimistic of maintaining this positive trend with robust growth buoyed by the aspirational values we are offering customers.”

Mumbai, October 01, 2017:

Tata Motors Limited, a leading Global Automobile manufacturer today announced strong second-quarter growth driven by robust results for the third consecutive month. The Sales performance for September 2017 were at 53965 units resulting in 25% growth over last year for the Domestic Passenger and Commercial Vehicle Business. This is at the back of growing festive demand across segments, increased positive customer sentiments, introduction of new products and strong customer engagement initiatives.

Domestic - Commercial Vehicles

Tata Motors overall commercial vehicles sales in September 2017, in the domestic market were at 36679 nos. higher by 29% over September 2016. The sales grew on the back of strong ramp-up in production, growing demand for new product launches and higher customer uptick owing to peak festive season buying trends across segments. Additionally, the sales were boosted by strong growth in e-commerce segment sales and growing demand under Swachh Bharat drive.

The M&HCV trucks segment grew by 25%, at 12259 nos., in September 2017. This segment witnessed strong growth in demand on the back of continuously increasing acceptance of Tata Motors’ SCR technology, infrastructure development led by government funding and restrictions on overloading creating greater demand for new high tonnage vehicles, especially for our new launches of 37T multiaxle trucks and 49T tractor trailers.

The I&LCV truck segment also saw an upward trend and grew by 34% with 4449 units in September 2017 driven by the performance of new product introductions and increased festive season demand.

The pickup category segment at 5569 units in September 2017 reported a strong growth of 50% with our newly launched Tata Xenon Yodha gaining acceptance and demand across markets while the SCV cargo segment with sales at 10040 units witnessed a growth of 40% at the back of strong response to XL range. Our passenger carrier (including buses) segment sales were at 4362 units, almost similar to last year.

Domestic - Passenger Vehicles

In September 2017, Tata Motors passenger vehicles, recorded sales of 17286 units, growth of 18%, over September 2016. This was augmented by the strong growth momentum for new generation vehicles Tiago, Tigor and Hexa. The newly launched compact SUV, Tata Nexon has also received a tremendous response in the market.

Cumulative sales growth of passenger vehicles in the domestic market for the fiscal (April-Sept 2017) were at 81417 units, a growth of 12%, compared to 72665 units, in the same period last fiscal.

Exports

The company’s sales from exports was at 3887 nos. in September 2017, a decline of 27%, due to continued drop in TIV in Sri Lanka (by 54%) and Nepal (by 47%).
Regards

Akash
 
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I think it could be Zest EV which were doing test rounds quite early this year as per the info I got at that time however we cannot rule out Tigor EV as well. Good for Tata & India both.
As per various reports, it is Tigor EV.

Found this report. Really a great gesture from Anand Mahindra. But I doubt why M&M is not trying to lower the price and bid for the 40% tender.
https://auto.ndtv.com/news/what-ana...tata-motors-10-000-electric-car-order-1757094
M&M knows the deal is not attractive enough for his company at prices quoted by TATA. The prices are 25% less than prevailing prices when considering that batteries will be imported. Unlike TATA, M&M doesn't even have power plants to supplement income from EV charges. Even TATA will be supplying only 250 EV Tigors in 1st phase. It has expressed its inability to supply 500 cars by deadline. It will be interesting to see how the babus recharge and use the EV Tigors.
 
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Just compiled the MoM sales data:

Festive cheer for sure[clap]. If they can hold on to these numbers, then it will be incredible and can achieve the target of being profitable in FY 17-18 itself. But if the CV movement is because of heavy discounts, then the story will be different. Hope that is not the case. Eagerly waiting for TML's position for Sep-2017 in the sales chart compared to others in PV sales[:)]
 

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Seems like Tata Motors at 5th position for September 2017 , list leading by Maruti -150K, Hyundai -50K, Mahindra -20K (est), Honda -18K, Tata Motors-17.25K and Toyota-12.35K
 
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Seems like Tata Motors at 5th position for September 2017 , list leading by Maruti -150K, Hyundai -50K, Mahindra -20K (est), Honda -18K, Tata Motors-17.25K and Toyota-12.35K
That's sad. Honda with their W-RV is getting good sales. But TML deserves to be in a better position with the current portfolio[confused]
 
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Seems like Tata Motors at 5th position for September 2017 , list leading by Maruti -150K, Hyundai -50K, Mahindra -20K (est), Honda -18K, Tata Motors-17.25K and Toyota-12.35K
That's sad. Honda with their W-RV is getting good sales. But TML deserves to be in a better position with the current portfolio[confused]
Nexon is released half way through the month, hopefully next month Tata will overtake Honda because of full month sale of Nexon.
 
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Am sure Nexon will pull required nos for TML which will bring them to no 3 spot however other models do need to sell well for that.

Now Tata got pretty good lineup and the upcoming Q platform products will give them the no 3 spot and profitability.
 
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EESL have now approach M&M to match Tatas price. And If they do so, they will get 40% of the order. To me this seems tobe great move. M&M were the first to introduce Electric vehicles in India and should be part of the pie. Wish M&M take up the offer and take part of the pie. This will be great for both indian giants and country as a whole.
 
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So numbers for tata motors are out:
Nano: 124
Cars 12114
Hexa : 1245
Safari :481
Sumo/Nexon: 3322

Going by average sumo doing at 800 the nexon seems to have got 2500 units. Hopefully the numbers should improve next month.
 
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It's amazing to see M&M MD Pawan Goenka commenting on the EESL tender in such a manner.

They lost the tender first hand. With the particular clause in the tender, they were allowed to supply cars at TML's pricing. They did that and won the tender to supply 150 cars. Then he commented as below:

M&M takes a dig at Tata Motors over EV contract | Business Line

Chairman praising TML and MD commenting like this.[sleep]
 
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