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Tata Motors Limited
Type Public
Traded as BSE: 500570 (http://www.bseindia.com/stock-share-price/x/y/500570/)
(BSE SENSEX Constituent)
NSE: TATAMOTORS
(http://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?
cons=TATAMOTORS§ion=7)
NYSE: TTM (https://www.nyse.com/quote/XNYS:TTM)
Industry Automotive
Founded 1945
Founders Jehangir Ratanji Dadabhoy Tata
Headquarters
Mumbai
,
Maharashtra
, India[1]
Area served Worldwide
Key people
Ratan Tata
(Chairman Emeritus)[2]
Cyrus Pallonji Mistry
[3][4] (Chairman)
Karl Slym
(died 26 January 2014, Managing Director)[5]
Shaiq Wani (Vice Chairman)
Products Automobiles
Commercial vehicles
Coaches
Buses
Construction equipment
Military vehicles
Automotive parts
Services Automotive design, engineering and outsourcing services
Vehicle leasing
Vehicle service
Revenue
US$
32.23 billion (FY 2012-13)[6]
Operating
income
US$ 3.06 billion (2012)[6]
Profit US$ 2.28 billion (2012)[6]
Total assets US$ 28.05 billion (2012)[6]
Total equity US$ 6.44 billion (2012)[6]
Employees 59,759 (2012)[6]
Parent Tata Group
Divisions Tata Motors Cars
Tata Motors
From Wikipedia, the free encyclopedia
Tata Motors Limited
(formerly TELCO,
short for Tata
Engineering and
Locomotive Company)
is an Indian
multinational
automotive
manufacturing company
headquartered in
Mumbai, Maharashtra,
India and a subsidiary of
the Tata Group. Its
products include
passenger cars, trucks,
vans, coaches, buses,
construction equipment
and military vehicles. It
is the world's
seventeenth-largest
motor vehicle
manufacturing company,
fourth-largest truck
manufacturer and
second-largest bus
manufacturer by
volume.
[7]
Tata Motors has auto
manufacturing and
assembly plants in
Jamshedpur, Pantnagar,
Lucknow, Sanand,
Dharwad and Pune in
India, as well as in
Argentina, South Africa,
Thailand and the United
Kingdom. It has research
and development centres
in Pune, Jamshedpur,
Lucknow and Dharwad,
India, and in South
Korea, Spain, and the
United Kingdom. Tata
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Divisions Tata Motors Cars
Subsidiaries Jaguar Land Rover
Tata Daewoo
Tata Hispano
Website www.tatamotors.com (http://www.tatamotors.com/)
Motors' principal
subsidiaries include the
British premium car
maker Jaguar Land
Rover (the maker of
Jaguar, Land Rover and
Range Rover cars) and the South Korean commercial vehicle manufactuer Tata Daewoo. Tata Motors has a
bus manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction equipment
manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with
Fiat which manufactures automotive components and Fiat and Tata branded vehicles.
Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle
in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger
vehicle market in 1991 with the launch of the Tata Sierra, becoming the first Indian manufacturer to
achieve the capability of developing a competitive indigenous automobile.
[8]
In 1998, Tata launched the
first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's
most affordable 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 Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index,
the National Stock Exchange of India and the New York Stock Exchange. Tata Motors is ranked 314th in
the 2012 Fortune Global 500 ranking of the world's biggest corporations.
Contents
1 History
2 Operations
2.1 Tata Motors Cars
2.2 Tata Daewoo
2.3 Tata Hispano
2.4 Jaguar Land Rover
2.5 TML Drivelines
2.6 Tata Technologies
2.7 European Technical Centre
3 Joint ventures
3.1 Tata Marcopolo
3.2 Fiat-Tata
3.3 Tata Hitachi Construction Machinery
4 Products
4.1 Commercial vehicles
4.2 Military vehicles
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The second-generation Tata Indica;
one of the best selling cars in the
history of the Indian automobile
industry
The Tata Nano, the world's most
affordable car
4.3 Electric vehicles
5 Notable vehicles
5.1 Tata Ace
5.2 Tata 407
6 See also
7 References
8 External links
History
Tata entered the commercial vehicle sector in 1945 after forming a
joint venture with Daimler-Benz of Germany. After years of
dominating the commercial vehicle market in India, Tata Motors
entered the passenger vehicle market in 1991 by launching the Tata
Sierra, a multi utility vehicle. Tata subsequently launched the Tata
Estate (1992; a station wagon design based on the earlier
'TataMobile' (1989), a light commercial vehicle), the Tata Sumo
(1994; LCV) and the Tata Safari (1998; India's first sports utility
vehicle).
Tata launched the Indica in 1998, the first fully indigenous Indian
passenger car. Although initially criticized by auto-analysts, its
excellent fuel economy, powerful engine and an aggressive
marketing strategy made it one of the best selling cars in the history
of the Indian automobile industry. A newer version of the car,
named Indica V2, was a major improvement over the previous
version and quickly became a mass-favourite. Tata Motors also
successfully exported large quantities of the car to South Africa. The
success of Indica played a key role in the growth of Tata Motors.
[9]
In 2004 Tata Motors acquired Daewoo's South Korea-based truck
manufacturing unit, Daewoo Commercial Vehicles Company, later
renamed Tata Daewoo.
[10]
On 27 September 2004, Tata Motors rang the opening bell at the
New York Stock Exchange (NYSE) to mark the listing of Tata
Motors.
[11]
In 2005, Tata Motors acquired a 21% controlling stake in the Spanish bus and coach manufacturer Hispano
Carrocera.
[12]
Tata Motors continued its market area expansion through the introduction of new products
such as buses (Starbus & Globus, jointly developed with subsidiary Hispano Carrocera) and trucks (Novus,
jointly developed with subsidiary Tata Daewoo).
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The Tata Prima
In 2006, Tata formed a joint venture with the Brazil-based Marcopolo, Tata Marcopolo Bus, to manufacture
fully built buses and coaches.
[13]
In 2008, Tata Motors acquired the British car maker Jaguar Land Rover, manufacturer of the Jaguar, Land
Rover and Daimler luxury car brands, from Ford Motor Company.
[14][15][16][17]
In May 2009 Tata unveiled the Tata World Truck range jointly developed with Tata Daewoo;
[18]
the range
went in sale in South Korea, South Africa, the SAARC countries and the Middle-East at the end of
2009.
[18]
Tata acquired full ownership of Hispano Carrocera in 2009.
[19]
In 2009, its Lucknow plant was awarded the "Best of all" Rajiv Gandhi National Quality Award.
[20]
In 2010, Tata Motors acquired an 80% stake in the Italian design and engineering company Trilix for 1.85
million. The acquisition formed part of the company's plan to enhance its styling and design capabilities.
[21]
In 2012, Tata Motors announced it would invest around 6 billion in the development of Futuristic Infantry
Combat Vehicles in collaboration with DRDO.
[22]
In 2013, Tata Motors announced it will sell in India, the first vehicle in the world to run on compressed air
(engines designed by the French company MDI) and dubbed "Mini CAT".
On 26 January 2014, the Managing Director Karl Slym was found dead. He fell from the 22nd floor to the
4th floor of the Shangri-La Hotel in Bangkok where he was to attend a meeting of Tata Motors
Thailand.
[23]
Operations
Tata Motors has vehicle assembly operations in India, the United Kingdom, South Korea, Thailand, Spain
and South Africa. It plans to establish plants in Turkey, Indonesia and Eastern Europe.
Tata Motors' principal subsidiaries include Jaguar Land Rover, Tata Daewoo and Tata Hispano.
Tata Motors Cars
Tata Motors Cars 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
compact, midsize car and utility vehicle segments.
[24]
The
companys manufacturing base in India is spread across Jamshedpur
(Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh),
Pantnagar (Uttarakhand), Dharwad (Karnataka) and Sanand
(Gujarat). Tata's dealership, sales, service and spare parts network
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The Tata Prima heavy truck on the
roads of Lucknow
comprises over 3,500 touch points.
[24]
Tata Motors has more than 250 dealerships in more than 195 cities
across 27 states and 4 Union Territories of India.
[25]
It has the third largest sales and service network after
Maruti Suzuki and Hyundai.
Tata also has franchisee/joint venture assembly operations in Kenya, Bangladesh, Ukraine, Russia and
Senegal.
[26]
Tata has dealerships in 26 countries across 4 continents.
[27]
Though Tata is present in many
countries it has only managed to create a large consumer base in the Indian Subcontinent, namely India,
Bangladesh, Bhutan, Sri Lanka and Nepal. Tata is also present in Italy,
[28]
Spain,
[29]
Poland,
[30]
Romania,
[31]
Turkey,
[32]
Chile,
[33]
and South Africa.
[34]
Tata Daewoo
Tata Daewoo (officially Tata Daewoo Commercial Vehicle
Company and formerly Daewoo Commercial Vehicle Company) 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 acquisition were to reduce
Tata's dependence on the Indian commercial vehicle market (which
was responsible for around 94% of its sales in the MHCV segment
and around 84% in the light commercial vehicle segment) and
expand its product portfolio by leveraging on Daewoo's strengths in
the heavy-tonnage sector.
Tata Motors has jointly worked with Tata Daewoo to develop trucks 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 posed by the entry of
international brands like Mercedes-Benz, Volvo and Navistar into the Indian market.
[35]
Tata Hispano
Tata Hispano Motors Carrocera, S.A. was a bus and coach manufacturer based in Zaragoza, Aragon, Spain
and a wholly owned subsidiary of Tata Motors. Tata Hispano has plants in Zaragoza, Spain and Casablanca,
Morocco. Tata Motors first acquired a 21% stake in Hispano Carrocera SA in 2005,
[12]
and purchased the
remaining 79% for an undisclosed sum in 2009, making it a fully owned subsidiary, subsequently renamed
Tata Hispano. Over the end of 2013, Tata Hispano closed the activity, due the bad management of Manchi
Raja Rao, leaving 287 unemployed people and closing 70 years of history
Jaguar Land Rover
Jaguar Land Rover PLC is a British premium automaker headquartered in Whitley, Coventry, United
Kingdom and has been a wholly owned subsidiary of Tata Motors since June 2008, when it was acquired
from Ford Motor Company.
[36]
Its principal activity is the development, manufacture and sale of Jaguar
luxury and sports cars and Land Rover premium four wheel drive vehicles. It also owns the currently
dormant Daimler, Lanchester and Rover brands.
[37]
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The Range Rover Evoque
Jaguar Land Rover has two design centres and three assembly plants in the UK. Under Tata ownership,
Jaguar Land Rover has launched new vehicles including the Range Rover Evoque, Jaguar F-Type, the
Jaguar XF, the latest Jaguar XJ the Second-generation Range Rover Sport, the Fourth-generation Land
Rover Discovery and the fourth-generation Range Rover.
TML Drivelines
TML Drivelines Ltd. is a wholly owned subsidiary of Tata Motors
engaged in the manufacture of gear boxes and axles for heavy and
medium commercial vehicles. It has production facilities at
Jamshedpur and Lucknow. TML Forge division is also a recent
acquisition of TML Drivelines. TML Drivelines was formed
through the merger of HV Transmission (HVTL) and HV Axles
(HVAL).
Tata Technologies
Tata Technologies Limited (TTL) is an 86.91% owned subsidiary of Tata Motors which provides design,
engineering and business process outsourcing services to the automotive industry. It is headquartered in
Pune (Hinjewadi) and also has operations in Detroit, London and Thailand. TTL's clients include Ford,
General Motors, Honda and Toyota.
The British engineering and design services company Incat International, which specialises in engineering
and design services and product lifecycle management in the automotive, aerospace and engineering
sectors, is a wholly owned subsidiary of TTL. It was acquired by TTL in August 2005 for 4 billion.
European Technical Centre
The Tata Motors European Technical Centre (TMETC) is an automotive design, engineering and research
company based at WMG on the campus of the University of Warwick in the United Kingdom. It was
established in 2005 and is a wholly owned subsidiary of Tata Motors. It was the joint developer of the
World Truck.
[38]
In September 2013 it was announced that a new National Automotive Innovation Campus would be built at
WMG at Warwick's main campus at a cost of 100 million.
[39][40]
The initiative will be a partnership
between Tata Motors, the University and Jaguar Land Rover, with 30 million funding coming from Tata
Motors.
[41]
Joint ventures
Tata Marcopolo
Tata Marcopolo is a bus manufacturing joint venture between Tata Motors (51%) and the Brazil-based
Marcopolo S.A. (49%). The joint venture manufactures and assembles fully built buses and coaches
targeted at developing mass rapid transportation systems. It utilises technology and expertise in chassis and
aggregates from Tata Motors, and know-how in processes and systems for bodybuilding and bus body
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A Tata Marcopolo bus in use in
Chandigarh, India
The Tata TL
design from Marcopolo. Tata Marcopolo has launched a low-floor city bus which is widely used by
Chandigarh, Kolkata, Chennai, Coimbatore, Delhi, Hyderabad, Mumbai, Lucknow, Pune, Agra, Kochi,
Trivandrum and Bengaluru transport corporations. Its manufacturing facility is based in Dharwad.
Fiat-Tata
Fiat-Tata is an India-based joint venture between Tata and Fiat
which produces Fiat and Tata branded passenger cars as well as
engines and transmissions. Tata Motors has gained access to Fiats
diesel engine technology through the joint venture.
[42]
The two companies formerly also had a distribution joint venture
through which Fiat products were sold in India through joint Tata-
Fiat dealerships. This distribution arrangement was ended in March
2013, since when Fiats have been distributed in India by Fiat
Automobiles India Limited, a wholly owned subsidiary of
Fiat.
[43][44]
Tata Hitachi Construction Machinery
Tata Hitachi Construction Machinery is a joint venture between Tata Motors and Hitachi which
manufactures excavators and other construction equipment. It was previously known as Telcon
Construction Solutions.
Products
For details of Tata Motors passenger cars, see Tata Motors Cars. For details of Land Rover products, see
Land Rover. For details of Jaguar products, see Jaguar Cars
Commercial vehicles
Tata Ace
Tata Ace Zip
Tata Super Ace
Tata TL/Telcoline/207 DI Pickup Truck
Tata 407 Ex and Ex2
Tata 709 Ex
Tata 807 (Steel Cabin chassic, cowl chassic, Medium Bus
chassic, Steel Cabin + Steel Body chassic)
Tata 809 Ex and Ex2
Tata 909 Ex and Ex2
Tata 1109 (Intermediate truck)
Tata 1512 (Medium bus chassis)
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A Tata 407 water truck
A Tata Starbus
Tata Motors trucks in Rajasthan,
India
Tata 1612/1616 (Heavy bus chassis)
Tata 1618 (Semi Low Floor bus chassis)
Tata 1623 (Rear Engined Low Floor bus chassis)
Tata 1518C (Medium truck) 10 Ton
Tata 1613/1615 (Medium truck)
Tata 2515/2516 (Medium truck)
Tata Starbus (Branded Buses for city, inter city, school bus
and standard passenger transportation)
Tata Divo (Hispano Divo; Fully built luxury coach)
Tata CityRide (12 20 seater buses for intra-city use)
Tata 3015 (Heavy truck)
Tata 3118 (Heavy truck) (82)
Tata 3516 (Heavy truck)
Tata 4018 (Heavy truck)
Tata 4923 (Ultra-Heavy truck) (64)
Tata Novus (Heavy truck designed by Tata Daewoo)
Tata Prima (The World Truck designed by Tata Motors and
Tata Daewoo)
Tata Prima LX (Stripped down version of Tata Prima)
Tata Ultra (ICV Segment)
Military vehicles
Tata LSV (Light Specialist Vehicle)
Tata Mine Protected Vehicle (44)
Tata 2 Stretcher Ambulance
Tata 407 Troop Carrier, available in hard top, soft top, 44,
and 42 versions
Tata LPTA 713 TC (44)
Tata LPT 709 E
Tata SD 1015 TC (44)
Tata LPTA 1615 TC (44)
Tata LPTA 1621 TC (66)
Tata LPTA 1615 TC (42)
Tata Winger Passenger Mini Bus
Tata Landrover 1515 F
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TATA Semi-Forward Cab 1210SE
Truck
Tata twin Axle Lorry in South India
Tata Ace was India's first mini truck
TATA SUMO 4*4
Tata Xenon
Electric vehicles
Tata Motors has unveiled electric versions of the Tata Indica passenger car powered by TM4 electric
motors and inverters
[45]
as well as the Tata Ace commercial
vehicle, both of which run on lithium batteries. The company has
indicated that the electric Indica would be launched locally in India
in about 2010, without disclosing the price. The vehicle would be
launched in Norway in 2009.
[46]
Tata Motors' UK subsidiary, Tata Motors European Technical
Centre, has bought a 50.3% holding in electric vehicle technology
firm Miljbil Grenland/Innovasjon of Norway for US$1.93 million,
which specialises in the development of innovative solutions for
electric vehicles, and plans to launch the electric Indica hatchback in
Europe next year.
[47][48][49]
In September 2010, Tata Motors
presented four CNGElectric Hybrid low-floored Starbuses to the
Delhi Transport Corporation, to be used during the Commonwealth
games. These were the first environmentally friendly buses to be
used for public transportation in India.
Notable vehicles
Tata Ace
Tata Ace, India's first indigenously developed sub-one-ton mini-
truck, was launched in May 2005. The mini-truck was a huge
success in India with auto-analysts claiming that Ace had changed
the dynamics of the light commercial vehicle (LCV) market in the
country by creating a new market segment termed the Small
Commercial Vehicle (SCV) segment. Ace rapidly emerged as the
first choice for transporters and single truck owners for city and
rural transport. By October 2005, LCV sales of Tata Motors had
grown by 36.6 percent to 28,537 units due to the rising demand for
Ace. The Ace was built with a load body produced by Autoline
Industries.
[50]
By 2005, Autoline was producing 300 load bodies per
day for Tata Motors.
Ace is still a top seller for TML with 500,000 units sold to date
(June 2010).
[51]
In 2011, Tata Motors invensted Rs.1000 Crore in Dharwad Plant, Karnataka with the
capacity of 90,000 units annually and launched 2 models of 0.5T capacity as Tata Ace Zip, Magic Iris.
[52]
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Wikimedia Commons has
media related to Tata
Motors.
Ace has also been exported to several Asian, European, South American and African countries and all-
electric models are sold through Polaris Industries's Global Electric Motorcars division.
[53]
In Sri Lanka it
is sold through Diesel & Motor Engineering (DIMO) PLC under the name of DIMO Batta.
Tata 407
Tata 407, is a Light Commercial Vehicle (LCV) that has sold over 500,000 units since its launch in
1986.
[54]
In India, this vehicle dominates market share of the LCV category, accounting for close to 75% of
LCV sales.
See also
Tata Motors Auto expo 2014
Singur Tata Nano controversy
Tata Group
Automotive industry in India
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Tatacarsworldwide.com. Retrieved 4 June 2009.
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29. ^ http://www.tatamotors.es/
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31. ^ http://www.davossi.ro/
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31. ^ http://www.davossi.ro/
32. ^ http://www.tata.com.tr/
33. ^ http://www.tata-motors.cl/
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(http://www.thehindu.com/business/companies/article3636216.ece).
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Tata's takeover of Land Rover and Jaguar"
(http://www.telegraph.co.uk/motoring/main.jhtml?
xml=/motoring/2008/03/29/mrmoney129.xml). The Daily Telegraph
(Telegraph Media Group). Retrieved 30 July 2008.
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Land Rover deal" (http://www.leftlanenews.com/5-for-2-special-tata-
acquires-3-other-british-marques-in-jaguar-land-rover-
deal.html#more-6922). Leftlane News. 28 March 2008. Retrieved 28
March 2008.
38. ^ "Tata Motors Unveils New Range Of Trucks"
(http://www.motorbeam.com/news/tata-news/tata-motors-unveils-
new-range-of-trucks/). Motorbeam.com. 29 May 2009. Retrieved 4
June 2009.
39. ^ "100m investment boost for Warwick University"
(http://www.independent.co.uk/student/news/100m-investment-
boost-for-warwick-university-8839352.html). The Independent. 25
September 2013. Retrieved 29 September 2013.
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(http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-
24227662). BBC. 24 September 2013. Retrieved 29 September 2013.
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(http://www.theengineer.co.uk/channels/policy-and-
business/news/tata-motors-confirms-30m-in-uk-rd-
centre/1017613.article). The Engineer. 3 December 2013. Retrieved
27 February 2014.
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(http://www.timesofmalta.com/motoring/view/20071021/news/fiat-
tata-motors-set-up-joint-venture). timesofmalta.com. 21 October
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(http://www.business-standard.com/article/companies/fiat-to-
complete-split-from-tata-in-sales-ops-by-mar-2013-
112091900131_1.html). Business Standard. 19 September 2012.
Retrieved 12 January 2014.
6/10/2014 Tata Motors - Wikipedia, the free encyclopedia
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External links
Official website (http://www.tatamotors.com)
Tata Bus (http://www.buses.tatamotors.com/index.aspx)
44. ^ "After split with Tata Motors, Fiat begins its solo India ride"
(http://articles.economictimes.indiatimes.com/2013-04-
11/news/38463206_1_tata-fiat-jv-tata-motors-outlets). The
Economic Times. 11 April 2013. Retrieved 12 January 2014.
45. ^ http://www.tm4.com/about-us/customers/
46. ^ http://www6.lexisnexis.com/publisher/EndUser?
Action=UserDisplayFullDocument&orgId=101846&topicId=104970025&docId=l:846836097
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per cent stake in Norway's Miljo Grenland/Innovasjon; to launch first
electric vehicle" (http://www.tata.com/media/releases/inside.aspx?
artid=D8J398/KAjI=). Tata.com. 14 October 2008. Retrieved 2 May
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European Technical Centre"
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51. ^ "tatamotors" (http://www.tata.com/media/reports/inside.aspx?
artid=lZfhgpr1g/E=). Tatamotors. 14 March 2012. Archived from the
original (http://www.autolineind.com/our_story.htm) on 14 March
2012. Retrieved 8 August 2012.
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(http://web.archive.org/web/20080209022809/http://www.autolinein
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Action=UserDisplayFullDocument&orgId=101846&topicId=104970025&docId=l:734196290
54. ^ http://tatamotors.com/investors/financials/67-ar-
html/winners_from_tata_motors.html
6/10/2014 Tata Motors - Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Tata_Motors 15/15
Tata Defence (http://www.defencesolutions-tatamotors.com/)
Tata Motors companies (http://opencorporates.com/corporate_groupings/Tata%20Motors) grouped at
OpenCorporates
Business data for Tata Motors: Hoover's (http://www.hoovers.com/company-
information/cs/company-profile.Tata_Motors_Limited.32bcc4af18416644.html) Reuters
(http://www.reuters.com/finance/stocks/overview?symbol=TTM) SEC filings
(http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=926042)
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