Tata Motors unit JLR going all electric, appoints Marc Llistosella as CEO

  • Tata Motors (NYSE:TTM) wholly owned subsidiary Jaguar Land Rover aims to become a net zero carbon business by 2039.
  • Land Rover to produce six pure electric variants in the next five years, with the first all-electric variant to arrive in 2024.
  • Jaguar Land Rover is on a path towards double-digit EBIT margin and positive cash flow, with an aim to achieve positive cash net-of-debt by 2025 with a value creation approach delivering quality and profit over-volume.
  • Jaguar and Land Rover will offer pure electric power, nameplate by nameplate, by 2030. In addition to 100% of Jaguar sales, it is anticipated that around 60% of Land Rovers sold will be equipped with zero tailpipe powertrains.
  • Annual commitments of circa £2.5B will include investments in electrification technologies and the development of connected services to enhance the journey and experiences of customers, alongside data-centric technologies that will further improve their ownership ecosystem.
  • In another event on 12-Feb, Tata Motors (TTM) appoints Mr Marc Llistosella as CEO and Managing Director, effective 1st July 2021.

    Tata Motors fundamentals

    For this year the company from Mumbai could earn a total revenue around 2.5 billion Roubles. This is according to the average of the analysts' estimates. This is slightly lower than 2019's revenue of 2610.68 billion Roubles.

    Historical revenues and results Tata Motors plus estimates 2020


    The analysts expect for 2020 a net loss of 34.8 billion Roubles. For this year most of the analysts expect a loss per share of 9.43 Roubles. The PE-ratio therefore is -34.34.

    Despite the expected loss the company will probably pay a dividend. Analysts expect a dividend of 1 cents per share. The average dividend yield of the automobile producers is a limited 1.36 percent.

    Tata Motors's market capitalization is based on the number of outstanding shares around 935.07 billion Roubles. The Tata Motors stock was the past 12 months quite unstable. Since last February the stock is even 104 percent higher. This year the stock price moved between 64 and 342 rupi.

    Historical stock prices Tata Motors period 2007-2020

    historical stocks tatamotors

    Click here for dividend Tata Motors. At 11.29 the stock trades 3.71 percent lower at 323.85 Roubles.

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