Tata Motors
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|
company_logo = |
company_type = Public () |
foundation = 1945 |
founder = J.R.D. Tata |
location = Mumbai, India |
key_people = Ratan Tata, Chairman |
Ravi Kant, Managing Director industry = Automotive | products = Automobiles and Engines | subsid = Jaguar Cars
Land Rover
Tata Daewoo | revenue = INR 369.88 billion (US$ 9.07 billion) (2006) | parent = Tata Group| company_slogan = More Dreams Per Car | homepage = [http://www.tatamotors.com www.tatamotors.com] }}
Tata Motors Limited (Hindi: ), formerly known as TELCO (TATA Engineering and Locomotive Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing company. Part of the Tata Group, it is one of the world's largest manufacturers of commercial vehicles. The OICA ranked it as the world's 20th largest automaker, based on figures for 2006.
Tata Motors was established in 1945, when the company began manufacturing locomotives. The company manufactured its first commercial vehicle in 1954 in collaboration with Daimler-Benz AG and started mass-production of its first indigenously designed vehicle in 1986. Tata Motors was listed on the NYSE in 2004, and by 2005 it was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2004, it bought Daewoo's truck manufacturing unit, now known as Tata Daewoo Commercial Vehicle, in South Korea. It also, acquired a 21% stake in Hispano Carrocera SA, giving it controlling rights in the company. Tata Motors launched their much awaited Tata Nano, noted for its Rs 100,000 price-tag, in January 2008. In March 2008, it finalized a deal with Ford Motor Company to acquire two British marques, Jaguar Cars and Land Rover — the sale is expected to be completed during the second quarter of 2008. Tata Motors has its manufacturing base in Jamshedpur, Lucknow, Pune and Singur.
By purchasing Jaguar and Land-Rover, Tata Motors has also acquired from Ford the rights to three other brand names: Daimler, excluding the rights previously sold to Daimler AG, Lanchester (another marque name associated with Jaguar) and Rover (previously a car brand in its own right, associated with Land-Rover, the intellectual property rights for which were bought by Shanghei, following the collapse of MG Rover in Birmingham, England in April 2005.)
Ravi Kant, Managing Director industry = Automotive | products = Automobiles and Engines | subsid = Jaguar Cars
Land Rover
Tata Daewoo | revenue = INR 369.88 billion (US$ 9.07 billion) (2006) | parent = Tata Group| company_slogan = More Dreams Per Car | homepage = [http://www.tatamotors.com www.tatamotors.com] }}
Tata Motors Limited (Hindi: ), formerly known as TELCO (TATA Engineering and Locomotive Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing company. Part of the Tata Group, it is one of the world's largest manufacturers of commercial vehicles. The OICA ranked it as the world's 20th largest automaker, based on figures for 2006.
Tata Motors was established in 1945, when the company began manufacturing locomotives. The company manufactured its first commercial vehicle in 1954 in collaboration with Daimler-Benz AG and started mass-production of its first indigenously designed vehicle in 1986. Tata Motors was listed on the NYSE in 2004, and by 2005 it was ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion. In 2004, it bought Daewoo's truck manufacturing unit, now known as Tata Daewoo Commercial Vehicle, in South Korea. It also, acquired a 21% stake in Hispano Carrocera SA, giving it controlling rights in the company. Tata Motors launched their much awaited Tata Nano, noted for its Rs 100,000 price-tag, in January 2008. In March 2008, it finalized a deal with Ford Motor Company to acquire two British marques, Jaguar Cars and Land Rover — the sale is expected to be completed during the second quarter of 2008. Tata Motors has its manufacturing base in Jamshedpur, Lucknow, Pune and Singur.
By purchasing Jaguar and Land-Rover, Tata Motors has also acquired from Ford the rights to three other brand names: Daimler, excluding the rights previously sold to Daimler AG, Lanchester (another marque name associated with Jaguar) and Rover (previously a car brand in its own right, associated with Land-Rover, the intellectual property rights for which were bought by Shanghei, following the collapse of MG Rover in Birmingham, England in April 2005.)
Source: Wikipedia.
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