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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 Motors was the first to exploit the new tax structure, which redesigned the rear portion of the Indigo sedan, dropping its length to 3,988 mm (157.0 in) and renamed it as the Indigo CS. [21] The model became significantly cheaper, becoming one of the largest selling three-box cars in the country. [ 22 ]
In 1999, Mahindra purchased 100% of Gujarat Tractors from the Government of Gujarat, and in 2017, Mahindra renamed it Gromax Agri Equipment Limited as part of its new brand strategy, and the models continue to be sold as Trakstar. [10] [11] In 2007, M&M acquired Punjab Tractor Limited (PTL), making it the world's largest tractor manufacturer.
Occupying the multi utility vehicle (MUV) segment, sales of the model grew within a short span of 2 years to capture 20 per cent market share from established local manufacturers such as Mahindra and Tata Motors. In 2002 and 2003, Toyota introduced the Camry and Corolla respectively. [6]
Ravi Kant (born 1 June 1944) [1] is an Indian executive who had served as the vice chairman from 2 June 2009 to 31 May 2014 and the managing director of Tata Motors from 29 July 2005 to 1 June 2009. [2] [3] He is known to lead Tata Motors in its tough times. [4]
An automotive assembly line at Opel Manufacturing Poland in 2015 SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.