Tata Motors
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- Date Submitted: 11/24/2011 07:38 AM
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Tata Motors,has also emerged as an international automobile company. Through subsidiaries and associate companies ,Tata Motors has opérations in the UK, South Korea,Thailand and Spain. Among them is Jaguar Land Rover, a business comprising the two iconic British brands that was acquired in 2008. In 2004, it acquired the Daewoo Commercial Vehicles Company, South Korea's second largest truck maker. The rechristened Tata Daewoo Commercial Vehicles Company has launched several new products in the Korean market,
while also exporting these products to several international markets.Today two-thirds of heavy commercial vehicle exports out of South Korea are from Tata Daewoo. In 2005,Tata Motors acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and coach manufacturer, and subsequently the remaining stake in 2009. Hispano's presence is being expanded in other markets. In 2006,Tata Motors formed a joint venture with the Brazil-based Marcopolo, a global leader in body-building for buses and coaches to manufacture fullybuilt buses and coaches for India and select international markets.
In 2006, Tata Motors entered into joint venture with Thonburi Automotive Assembly Plant Company ofThailand to manufacture and market the company's pickup vehicles
in Thailand.The new plant of Tata Motors (Thailand) has begun production of the Xenon pickup truck, with the Xenon having been launched in Thailand in 2008.
Tata Motors is also expanding its international footprint, established through exports since 1961.The company's commercial and passenger vehicles are already being marketed in several countries in Europe, Africa,the Middle East, South East Asia, South Asia and South America. It has franchisee/joint venture assembly operations in Kenya, Bangladesh, Ukraine, Russia and Senegal.
while also exporting these products to several international markets.Today two-thirds of heavy commercial vehicle exports out of South Korea are from Tata Daewoo. In 2005,Tata Motors acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and coach manufacturer, and subsequently the remaining stake in 2009. Hispano's presence is being expanded in other markets. In 2006,Tata Motors formed a joint venture with the Brazil-based Marcopolo, a global leader in body-building for buses and coaches to manufacture fullybuilt buses and coaches for India and select international markets.
In 2006, Tata Motors entered into joint venture with Thonburi Automotive Assembly Plant Company ofThailand to manufacture and market the company's pickup vehicles
in Thailand.The new plant of Tata Motors (Thailand) has begun production of the Xenon pickup truck, with the Xenon having been launched in Thailand in 2008.
Tata Motors is also expanding its international footprint, established through exports since 1961.The company's commercial and passenger vehicles are already being marketed in several countries in Europe, Africa,the Middle East, South East Asia, South Asia and South America. It has franchisee/joint venture assembly operations in Kenya, Bangladesh, Ukraine, Russia and Senegal.