Latest news with #EuroVI-compliant
Qatar Tribune
a day ago
- Automotive
- Qatar Tribune
Tata Motors strengthens presence in Qatar with the launch of all-new LPO 1622 bus
Strengthening its commitment to delivering reliable and advanced mobility solutions in the Middle East, Tata Motors, one of the world's leading automobile manufacturers, along with its official distributor Al Hamad Automobiles, launched the all-new LPO 1622 bus in Qatar. Developed specifically for staff transportation, the company's first Euro VI-compliant bus in the Middle East offers superior performance, enhanced passenger comfort, and low total cost of ownership. Commenting on the launch, Mr Asif Shamim, Head, International Business, Tata Motors Commercial Vehicles, added, 'The Middle East continues to be a strategic focus for Tata Motors, where our products have consistently delivered value across a range of applications. With Qatar being a key market, we are pleased to further strengthen our presence with the launch of the all-new LPO 1622 bus, designed to offer higher profitability to customers and superior comfort to passengers. Supported by a strong and responsive after-sales ecosystem, we remain committed to delivering reliable, advanced mobility solutions tailored to evolving needs and requirements.' Mr Mohamed Yousef Al Mana, Chairman, Al Hamad Automobiles, said, 'We are proud to continue our long-standing partnership with Tata Motors and support the expansion of their commercial vehicle portfolio in Qatar. As a trusted partner, our focus remains on providing comprehensive after-sales support through our wide service network and easy availability of genuine spare parts. With dedicated teams and infrastructure in place, we are fully committed to ensuring maximum uptime, operational continuity, and long-term value for our customers across the country.' The Tata LPO 1622 bus is powered by a reliable Cummins ISBe 5.6L Euro VI-compliant engine, delivering 220hp of power and 925Nm of torque. The bus is available in two seating configurations - 65-seater and 61-seater, offering flexibility for varied staff transport requirements. It features a full air dual-circuit braking system with ABS, tubeless radial tyres, and a heavy-duty suspension system to ensure safety, comfort, and road stability. The bus also comes equipped with a range of advanced features, including Electronic Stability Control, Hill Start Assist, Cruise Control, and a Multimode Switch to optimise performance across varied operating conditions. Together, with its durable aggregates, spacious and ergonomic seating, and low operating costs, the LPO 1622 bus is an ideal solution for fleet operators seeking long-term value, high uptime, and an enhanced passenger experience. The company also unveiled an enhanced range of world-smart, Euro-V compliant Prima range of heavy trucks designed and engineered to suit the country's growing infrastructure and construction requirements. The range includes the advanced Prima 4040.K, Prima 4440.S, Prima 4040.T and the Prima 6040.S. Tata Motors offers a wide commercial vehicle portfolio in over 40 countries, spanning sub-1-tonne to 60-tonne cargo vehicles and 9-seater to 71-seater mass mobility solutions. Backed by Tata Motors' advanced R&D capabilities, these vehicles are robustly engineered and rigorously tested to suit local market requirements. About Tata Motors Part of the $165 billion Tata Group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a $44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups,trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With 'Connecting Aspirations' at the core of its brand promise, Tata Motors is India's market leader in commercial vehicles and ranks among the top three in the passenger vehicles market. Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company's innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework. With operations in India, UK, South Korea, Thailand and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2024, Tata Motors' operations include 90 consolidated subsidiaries, two joint operations, five joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.
Hans India
2 days ago
- Automotive
- Hans India
Tata Motors bolsters presence in Qatar with launch of LPO 1622 bus
Doha: Tata Motors launched its all-new LPO 1622 bus in Qatar on Wednesday to strengthen its presence in the Middle East market. Developed specifically for staff transportation, the company's first Euro VI-compliant bus in the Middle East offers superior performance, enhanced passenger comfort, and low total cost of ownership, according to a company statement. The Tata LPO 1622 bus is powered by a reliable Cummins ISBe 5.6L Euro VI-compliant engine, delivering 220hp of power and 925Nm of torque. The bus is available in two seating configurations -- 65-seater and 61-seater -- offering flexibility for varied staff transport requirements. It features a full air dual-circuit braking system with ABS, tubeless radial tyres, and a heavy-duty suspension system to ensure safety, comfort, and road stability. The bus also comes equipped with a range of advanced features, including Electronic Stability Control, Hill Start Assist, Cruise Control, and a Multimode Switch to optimise performance across varied operating conditions. Asif Shamim, head of Tata Motors international business, said, 'The Middle East continues to be a strategic focus for Tata Motors, where our products have consistently delivered value across a range of applications. With Qatar being a key market, we are pleased to further strengthen our presence with the launch of the all-new LPO 1622 bus, designed to offer higher profitability to customers and superior comfort to passengers' Tata Motors also unveiled an enhanced range of world-smart, Euro-V compliant Prima range of heavy trucks designed and engineered to suit the country's growing infrastructure and construction requirements. The range includes the advanced Prima 4040.K, Prima 4440.S, Prima 4040.T and the Prima 6040.S. Tata Motors offers a wide commercial vehicle portfolio in over 40 countries, spanning sub-1-tonne to 60-tonne cargo vehicles and 9-seater to 71-seater mass mobility solutions. Backed by Tata Motors' advanced R&D capabilities, these vehicles are robustly engineered and rigorously tested to suit local market requirements, the statement added.
Associated Press
08-03-2025
- Business
- Associated Press
Rektron Group's Trading Arm - DL Hudson's Non-Bank Lender, Artis Finance, Enters Administration
VANCOUVER, BC / ACCESS Newswire / March 7, 2025 / Rektron Group Inc. (CSE:REK.U)(FRA:F75) ('Rektron' or the 'Company'), a global commodity trading group with subsidiaries that specialize in trading energy, metals, and energy transition commodities, announces that it is aware of recent reports regarding Artis Finance Ltd. ('Artis') having entered administration in the United Kingdom. The Company's trading arm DL Hudson Ltd. is a finance partner of Artis Loanco 1 Plc ('Artis Loanco 1"), Artis' subsidiary. While Artis has entered administration, Artis Loanco 1 remains operational (Source: Trade Finance Global, March 6, 2025). The Company advises stakeholders that this development is not expected to have any material impact on the Company's financial position, operations, or commitments and ongoing trade activities remain stable and fully operational. Artis has provided DL Hudson funding support for select trading activities, however, DL Hudson operates with a diversified financial strategy and robust liquidity, ensuring business continuity remains unaffected. The Company is closely monitoring the situation and remains committed to engaging with relevant stakeholders, to ensure a smooth transition. The Company remains focused on delivering value to its clients and partners while executing its strategic objectives with confidence. About Rektron Group Inc. The Company is the holding and parent company of Rektron AQ Limited, which is the holding and parent company of DL Hudson Limited. DL Hudson Limited is the trading arm of a group of companies, of which there are several subsidiaries that support the group's global commodity trading operations. The Company is headquartered in Vancouver, British Columbia, while Rektron AQ Limited is headquartered in London, UK. The Company focuses on maintaining an experienced team of management and traders, extensive geographical and product diversification, trading and logistical expertise, and financial and risk management. The team at the Group is composed of energy and metals traders, and finance professionals with expertise from the City of London and Wall Street. The trading expertise includes principal energy and metals products, particularly ferrous and nonferrous metals, recycled metals and Energy Transition Commodities ('ETC'), crude oil and Euro VI-compliant refined oil products. The Company and its affiliates transact across all compliant markets following the international trade regulations and guidelines. Please visit for further information. Forward-Looking Statements This news release contains forward‐looking statements and forward‐looking information within the meaning of Canadian securities legislation (collectively, 'forward‐looking statements') that relate to Rektron's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as 'will likely result', 'are expected to', 'expects', 'will continue', 'is anticipated', 'anticipates', 'believes', 'estimated', 'intends', 'plans', 'forecast', 'projection', 'strategy', 'objective' and 'outlook') are not historical facts and may be forward‐looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward‐looking statements. No assurance can be given that these expectations will prove to be correct and such forward‐looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Forward‐looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Rektron's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking statements. Such risks and uncertainties include, but are not limited to, other factors set forth under 'Caution Regarding Forward-Looking Statements' and 'Risk Factors' in the Company's amended and restated final prospectus dated August 12, 2024. Rektron undertakes no obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Rektron to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward‐looking statement. Any forward‐looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. No securities regulatory authority has either approved or disapproved of the contents of this news release. FOR FURTHER INFORMATION CONTACT: Chris Santa Cruz Alliance Advisors IR 604-787-0563
