Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Tata Motors Limited    TATAMOTORS   INE155A01022

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Tata Motors Limited : Jaguar Land Rover : To Increase Sourcing Of Parts From UK Suppliers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/11/2012 | 11:44am CET

Tata Motors Ltd.'s (TTM) Jaguar Land Rover unit said Friday it will source additional auto parts worth GBP1 billion from its U.K.-based suppliers over four years to meet rising demand for its sport-utility vehicle Range Rover Evoque.

The new supply contracts will be in addition to the auto parts supply orders worth GBP2 billion that Jaguar Land Rover has already given to 40 suppliers in the U.K., the company said in a statement.

Sales of the Range Rover Evoque commenced in September last year and the company has until April sold 60,111 units of the SUV. The company said order book for the Evoque continues to be healthy and that the additional auto part contracts will support the model's increased production at its factory in Halewood.

"The demand we have seen across the globe for the Range Rover Evoque means we are able to significantly increase what we spend with our suppliers, which is great news for the U.K. economy and the thousands of jobs JLR supports in its supply chain," said Ralf Speth, chief executive of Jaguar Land Rover.

Jaguar Land Rover also said it will open a new logistics facility at Ellesmere Port, Cheshire to support the global sales of Evoque and Freelander 2 models.

The logistics port will be managed by DHL Worldwide Express and create 300 jobs, the statement said.

-By Nikhil Gulati, Dow Jones Newswires; +91-11-4356-3306; nikhil.gulati@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TATA MOTORS LIMITED
11/23 TATA MOTORS : Nexon embarks on a Star Wars Adventure in India
11/22 TATA MOTORS : Charts Out 'Connecting Aspirations' As Its New Corporate Brand Ide..
11/22 TATA MOTORS : to cater to Andaman Nicobar customers through its new full range d..
11/22 TATA MOTORS' : campaign on safe sex wins key accolades at WARC Prize for Asian S..
11/21 S.P. Jain Institute of Management and Research, Mumbai Wins Tata Business Lea..
11/21 Indian ADRs end higher tracking strong US markets
11/18 TATA MOTORS : Women's Tennis Association (WTA) Mumbai Open to Be 'Driven By' Tat..
11/17 Indian ADRs end higher, ICICI Bank and Vedanta gain
11/17 TATA MOTORS : Jaguar Land Rover tests first driverless vehicle on public roads
11/17 TATA MOTORS : The 2nd edition of Tata Motors Global Service Camp to cover over 2..
More news
News from SeekingAlpha
11/17 PAYPAL : The Growth Is Not Finished
11/13 Tata Motors' (TTM) CEO Günter Butschek on Q2 2018 Results - Earnings Call Tra..
11/09 Tata Motors reports Q2 results
11/08 WALL STREET BREAKFAST : Trade Watch With Trump In China
11/08 CO2 emissions cut for EU vehicles?
Financials ( INR)
Sales 2018 2 934 B
EBIT 2018 148 B
Net income 2018 99 786 M
Debt 2018 353 B
Yield 2018 0,25%
P/E ratio 2018 14,92
P/E ratio 2019 9,63
EV / Sales 2018 0,58x
EV / Sales 2019 0,50x
Capitalization 1 362 B
Chart TATA MOTORS LIMITED
Duration : Period :
Tata Motors Limited Technical Analysis Chart | TATAMOTORS | INE155A01022 | 4-Traders
Technical analysis trends TATA MOTORS LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 494  INR
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Natarajan Chandrasekaran Chairman
Satish Balkrishna Borwankar Chief Operating Officer & Executive Director
P. B. Balaji Chief Financial Officer
Nasser Mukhtar Munjee Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
TATA MOTORS LIMITED-9.77%21 018
TOYOTA MOTOR CORP2.94%207 612
VOLKSWAGEN25.38%99 364
DAIMLER-1.05%88 583
BAYERISCHE MOTOREN WERKE-2.45%66 458
GENERAL MOTORS CORPORATION29.08%62 910