Tata Motors Limited is an indian multinational automotive manufacturing company. Its headquarters is situated in Mumbai, Maharashtra. It is an part of Tata Group products, an Indian conglomerate. Its products include passenger cars, truck, buses, sports cars, van, coaches construction equipment and military vehicles.
Tata was formly known as the Tata Engineering and Locomotive Company (TELCO), Tata Motors is a part of the Tata group. Tata motors has a auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad and Pune in India as well as in Argentina, South Africa, Great Britain and Spain. Tata Motors Principal subsidaries purchased the English premium car maker, Jaguar Land Rover and south Korean Commercial vehicle manufacturer Tata Daewoo.Tata notirs has a bus manufacturing joint ventures with Marcopolo, a construction equipment, manufacturing joint venture with Hitachi, and a joint venture with Fiat Chrysler with manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
It was founded in 1945 as a manufactured its first commercial vehicle in 1954 in a collaboration with Dailmer - Benz AG, which ended in 1969. Tata Motors entered the vehicle market in 1988 with the launch of the Tata mobile followed by the Tata Sierra in 1991, becoming the first Induan manufacturer to achieve the capability of developing a competitive indigenous automobile. In 1998, Tata launched the first fukly Indigenous Indian passenger car, the Indica, and in 2008 launched the Tata nano the world cheapest car. Tata Motors acquired the South Korean truck manufacturer, Daewoo commercial vehicles company in 2004 and purchased Jaguar Land Rover from Ford in 2008.
Tata Motors is listed on the BSE ( Bombay Stock Exchange), where it is a constituent of the BSE SENSEX index the National stock exchange of India and the Newyork Stock Exchange. The company is ranked 265th on the fortune Global 500 list of the world's biggest corporation as of 2019.
On 17 January 2017, Natrajan Chandrasekaran was appointed chairman of the company Tata Group. Tata Motors increases its UV market share to over 8% in Financial Year 2019.
Tata Motors is a division of Tata motors which produces passenger cars under the Tata Motors marque. Tata Motors is among the top four passenger vehicle brands in India with products in the comapact and midsize car, and utility vehicle segments. Tata Motors has more than 250 dealerships in more than 195 cities across 27 states and four union Territories of India. It has the third largest sales and service network after Maruti Suzuki and Hyundai.
Tata Daewoo
Tata Daewoo is a commercial vehicle manufacturer headquartered in Gunsan, Jeollabuk-do South Korea and a wholly owned subsidiary of Tata Motors. It is the second largest heavy commercial vehicle manufacturer in South korea and was acquired by Tata Motors in 2004. The principal reasons behind the acquision were to reduce Tata dependence on the Indian commercial vehicle market and expand its product portfolio by leveraging on Daewoo's strengths in the haevy toonage sector.Tata Motors has jointly worked with Tata Daewoo to develops truck such as Novus and world truck and buses including Globus and starBus. In 2012, Tata began developing a new line to manufacture competitive and fuel efficient commercial vehicles to face the competition
Written by - Ankit Kunwar
No comments:
Post a Comment