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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 entered the passenger vehicle market in 1991 with the launch of the Tata Sierra, a multi utility vehicle.This was followed by the launch of the Tata Estate in 1992 (a stationwagon based on the existing TataMobile light commercial vehicle) and the Tata Sumo in 1994, India's first sports utility vehicle.
In 1932, Tata founded an airline, known as Tata Air Services (later renamed Tata Airlines). [9] In 1953, the Government of India passed the Air Corporations Act and purchased a majority stake in the carrier from Tata Sons, though JRD Tata would continue as chairman until 1977. In 1945, Tata Motors was founded
In 2001, the government divested 51 percent of CMC's equity to Tata Sons Ltd, through a strategic sale, and CMC became a part of the Tata group. In 2003, in line with its strategy of offering its products and services globally, CMC opened a branch office in Dubai to tap the hitherto unexplored markets of West Asia and Africa.
The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...
The Tata Nano is a city car/microcar manufactured and marketed by Indian automaker Tata Motors over a single generation from 2008–2018, primarily in India, as an inexpensive rear-engine hatchback for motorcycle and scooter drivers — with a launch price of ₹100,000 (US$2,500) on 10 January 2008. [5]
The Tata Tiago is a 5-door hatchback city car made by Tata Motors in India since 2016. Codenamed the "Kite" during development, the Tiago was previously announced as the Tata Zica , with "Zica" short for "zippy car", but it was changed because the launch of the car coincided with the outbreak of Zika virus . [ 3 ]
Initially it was started to manufacture the Tata Nano, but now it manufactures other hatchbacks like Tata Tiago and Tata Tigor. The plant reached 100% capacity utilization in 2018. [1] Tata Motors rolled out the 3,00,000th Tiago manufactured at Sanand plant in 2020. [2] The 1 Millionth car manufactured at this facility was rolled out in March ...