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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]
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. Jaguar Land Rover – British company making Jaguar and Land Rover vehicles; Tata Daewoo; Tata Hispano ...
During this time, Tata Group began to acquire several companies. Tata Group bought Tetley In February 2000. After that, it acquired Corus Group in 2007. 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]
Tata Sons Pvt. Ltd. is the holding company of the Tata Group, headquartered in Mumbai.It owns the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants, and derives its revenue from dividends from these companies and brand loyalty fees.
On 18 January 2008, Tata Motors, a part of the Tata Group, established Jaguar Land Rover Limited as a British-registered and wholly owned subsidiary. The new company was to be used as a holding company for the acquisition from Ford of the two businesses – Jaguar Cars Limited and Land Rover for US$2.23 billion.
The Tata family is an Indian business family, based in Mumbai, India.The parent company is Tata Sons, which is the main holding company of the Tata Group.About 65% of the stock in these companies is owned by various Tata family charitable trusts, mainly the Ratan Tata Trust and the Dorab Tata Trust.
26 March 2008: Ford agreed to sell the Jaguar and Land Rover operations to Tata Motors. [19] 2 June 2008: Tata Motors finalised their purchase of Jaguar and Land Rover from Ford and put them into their new subsidiary, Jaguar Land Rover [20] 2010: Introduction of Discovery 4 / LR4; 2011: The Range Rover Evoque introduced
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.