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Tata Sierra (1991-2000) Tata Sumo (1994–2019). Tata Motors was founded in 1945, as a locomotive manufacturer. Tata Group entered the commercial vehicle sector in 1954 after forming a joint venture with Mercedes-Benz of Germany in which Tata developed a manufacturing facility in Jamshedpur for Daimler lorries. [10]
The next year, the company's subsidiary Tata Motors launched the Tata Nano, presenting it as "the world’s most affordable car," and acquired Jaguar and Land Rover from Ford Motor Company. [12] In 2017, Natarajan Chandrasekaran was appointed chairman. He was instrumental in restructuring business verticals and increasing promoter stake ...
Tata Motors Cars is a division of the India-based automaker Tata Motors which produces cars under the brand name Tata Motors. It is currently the 3rd largest car manufacturer in India in terms of sales after Maruti Suzuki , Hyundai and Mahindra in September 2024.
Tata Elxsi – product design and technology company; Tata Motors – India's largest (and the world's fifth-largest) automobile company, the leader in India's commercial vehicle market with a market share of 45.1% Tata Motors Cars – Produces passenger cars under the Tata Motors Marque.
The company was expected to launch three products in 2015 (two SUVs and one CV) and an XUV500 hybrid. Besides India, the company also targeted Europe, Africa, Australia and Latin America for this model. [64] Mahindra President Mr. Pawan Goenka stated that the company planned to launch six new models in the year. [65]
After Ford sold Jaguar Land Rover to Tata Motors of India in 2008, the company initially decided to keep Volvo Cars despite mounting losses and major economic downturns. Ford decided to restructure plans for Volvo Cars, pushing it further upmarket, alongside the lower end of Mercedes and BMW sedans, wagons, and SUV crossovers.
Ratan Tata was born in Bombay (now Mumbai), during the British Raj, into a Parsi Zoroastrian family, on 28 December 1937. [11] He was the son of Naval Tata (who was born in Surat and later adopted into the Tata family), and Soonoo Tata (the niece of Tata group founder Jamsetji Tata).
The company was founded in 1939 by Stephen Peries, Pandithage Don Alexander, Cyril Algama and Harold Algama. [3] In 1945, the company was incorporated as a limited liability company. In 1961, DIMO started its partnership with Tata Motors. The company was listed on the Colombo Stock Exchange in 1964.