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    TATAMOTORS   INE155A01022

TATA MOTORS (TATAMOTORS)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector 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 CEST

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; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TATA MOTORS
12:34pTATA MOTORS : Williams Acquires Stratstone Jaguar Manchester
AQ
11:03aAUTO TECH : Tata Motors compliant with govt’s tech transfer policy –..
AQ
04/24TATA MOTORS : IPI unveil 200th locally assembled truck
AQ
04/24TATA MOTORS : Opens bookings for nexon amt
AQ
04/24TATA MOTORS : Boost for auto policy as TATA unveils 200th made-in-Nigeria truck
AQ
04/23TATA MOTORS : Excitement as TATA unveils 200th locally assembled vehicle
AQ
04/21TATA MOTORS : Excitement as TATA Unveils 200th Locally Assembled Vehicle
AQ
04/21NISSAN MOTOR : to cut hundreds of jobs at UK plant as diesel demand slides - sou..
RE
04/20NISSAN MOTOR : to cut hundreds of jobs at UK plant as diesel demand slides
RE
04/19TATA MOTORS : calls for ban on Tokunbo cars, rolls out 200 locally assembled veh..
AQ
More news
News from SeekingAlpha
04/24Texas Instruments +4.5% on Q1 beats, in-line guidance 
04/20Vilas Fund, LP Q1 '18 Letter To Partners - #28 Since Inception, Long Pharma 
04/13Jaguar Land Rover to reduce headcount in the U.K. 
04/12TESLA'S MODEL Y : Why? Where? How? When? 
04/04Tata Motors tracking higher again 
Financials ( INR)
Sales 2018 2 901 B
EBIT 2018 140 B
Net income 2018 93 817 M
Debt 2018 331 B
Yield 2018 0,32%
P/E ratio 2018 12,05
P/E ratio 2019 8,23
EV / Sales 2018 0,48x
EV / Sales 2019 0,42x
Capitalization 1 060 B
Chart TATA MOTORS
Duration : Period :
Tata Motors Technical Analysis Chart | TATAMOTORS | INE155A01022 | 4-Traders
Technical analysis trends TATA MOTORS
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 465  INR
Spread / Average Target 40%
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
Rajendra Petkar Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
TATA MOTORS-23.04%15 901
TOYOTA MOTOR CORP-2.60%212 813
VOLKSWAGEN1.80%103 302
DAIMLER-7.97%85 396
BAYERISCHE MOTOREN WERKE4.83%72 425
HONDA MOTOR CO LTD-4.71%62 145