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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]
Jaguar Cars and Land Rover — On 2 June 2008, Ford sold both of its British operations to Tata Motors of India for a cost of £1.7 billion. Aston Martin — On 12 March 2007, a British consortium led by Dave Richards of Prodrive purchased the iconic automaker for £479 million.
The Tata Nano Singur controversy was a controversy generated by land acquisition of a proposed Tata Motors automobile factory at Singur in Hooghly district, West Bengal, India. The factory would have been used to build the compact car Tata Nano .
On 20 February, an administrator was appointed to restructure Saab and assist in it becoming independent of its troubled parent General Motors. General Motors have confirmed their intention to sell their Swedish subsidiary, Saab. [57] Of Sweden's 9 million population, 140,000 work in the car industry and they account for 15% of exports. [56]
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.
On 2 June 2008, the sale to Tata was completed at a cost of £1.7 billion. [47] [48] [49] On 18 January 2008, Tata Motors, a part of the Tata Group, established Jaguar Land Rover (JLR) as a British-registered and wholly owned subsidiary. The company was to be used as a holding company for the acquisition of the two businesses from Ford ...
The program promotes compact fuel-efficient internal combustion cars to be built in the country as opposed to the popular pickup trucks. The Board of Investment of Thailand claimed the first phase had attracted investment of 28.8 billion baht. [50] The second phase of the program was introduced in 2014, with the deadline set by the end of 2019.
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]