|Bid||147.90 x 0|
|Ask||0.00 x 0|
|Day's range||146.25 - 150.50|
|52-week range||63.50 - 201.70|
|Beta (5Y monthly)||2.07|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
While Honda (HMC) reaches $85-million settlement over the Takata airbag scandal, Ford (F) and Fiat Chrysler (FCAU) issue recall for 528 and 132K vehicles, respectively.
Tata Motors (TTM) intends to deleverage the business in three years and become free cash flow positive by fiscal 2022.
India's Tata Motors Ltd will significantly reduce its group automotive debt of 480 billion rupees (4.8 billion pounds) over the next three years, the company's chairman said during its annual shareholder meeting on Tuesday. Tata Motors is "deleveraging this business substantially" and has set targets to generate free cash flows, N Chandrasekaran said. This has derailed Tata Motors' turnaround plans for its domestic business and British luxury unit, Jaguar Land Rover (JLR), but the company said it is committed to cutting costs, tightening investment spending and improving profitability.