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Showing posts with label Tata Motor's. Show all posts
Showing posts with label Tata Motor's. Show all posts

Sunday, May 4, 2008

Global Acquisitions by indian firms puts India firmly on major economies

Tata Motors came into global limelight as an automobile major in early 2007 or even earlier when news of the cheapest world car was out of the tata's stable, Launch of tata nano (the $ 2500 car) turned all heds towards the tata motors and every major auto maker now want to replicate the same model but will never able to make a car even cheaper then the Tata's nano due to the cheapest input cost of nano, and the advantage with tata's is that they can use their own homemade steel for making the chasis of their vehicles which other companies have to purchase from other steel companies.
The launch of Tata Nano was much hyped so that the whole world notices the nano and Tata as a global automobile major with a surprise to come later in the year. the world never knew that the year 2007 was year of Tata Motors's brand acquisitions of the JAGUAR and LAND ROVER the iconic british car brands famous through out the world for their excellent cars in luxury car market.

Some still think that tats'a have played much bigger then they can by acquiring JAGUAR and ROVER car companies which were owned by the ford motor company of United states of America.

It may also be recalled that in 2007 the Toyota Motor Corporation surpassed General Motors to become World's number 1 automobile company. Now every car maker want to replicate the Toyota model to make their car company's revenue much larger and Tata's are no exception.

It took 3 decades for the japanese auto maker to enter into the luxury car market .

Toyota is the gold standard that aspiring auto-makers look to. Synonymous with Japanese quality, Toyota got to its premier position in the world auto stakes by a combination of production efficiency, high quality and delivering unsurpassed value to the customer. Toyota fans call a Honda, “a fake Toyota”, seemingly referring to Honda following in Toyota’s footprints and achieving similar status in terms of quality and value. Similarly while a growing company like Hyundai benchmarks its cars against Toyota competitors, a relatively “old-world” company like Volkswagen re-designed its production process based on inputs from Toyota engineers.

Still Toyota did not move beyond its economy and hence cheap image in the Western world till the introduction of its luxury brand, the Lexus. The strategy was such a success that other Japanese auto makers quickly jumped onto the bandwagon. The Lexus strategy had a curious side-effect on the overall Toyota bouquet of products. Unlike how the European companies built their luxury cars, Toyota continued to use the production line using strict quality control to drive efficiency. As a result the luxury cars did not cost significantly more than the regular line-up. While this revolutionized the luxury car market, it also worked wonders for its non-luxury line-up as the superior styling and finish of the luxury models began to rub-off on the rest of the portfolio.

Tata Motors has only taken baby steps towards becoming a global automaker. But the newly-acquired the availability of true luxury brands within the stable allows the company to learn what it takes to give its cars the aspirational value they need to succeed in the Western markets.

In addition to taking design lessons, Tata Motors can also benefit from the world-class R&D facilities, and an established global marketing network. Also while the Jaguar-Land Rover brand image will work wonders for Tata Motors’ own image, there is a danger that it would dilute the value of the British brands. So if the Tatas make it clear that they will treat the new companies as prized possessions that they will take pains to nourish and grow, while also using them as a huge opportunity to learn, then that should allay fears of brand dilution, while keeping the existing jobs and helping the Tatas as they build up their portfolio of vehicles to fill the gap between the SUVs and the luxury vehicles, in terms of both products and aspirational value.

So keep your fingers crossed and wait 2-3 years to see the technology of jaguar and rover brand embedded into indian made tata cars.

Wednesday, March 26, 2008

Auto Sector Latest Updates | Indian Business

Auto Sector is a very dynamic sector comprising of many auto giants such as - Tata Group, Hyundai, Maruti Suzuki, Bajaj Auto, Tvs Motor Company, Skoda Auto, Hinduja Group, Ashok Leyland, Volvo, Ford Motor India, General Motors India Ltd, Honda, Toyota, LML etc. so it has a wide variety of companies ranging from scooters manufacturers to Truck manufacturers and heavy industry manufacturers. also update yourself with latest updates from Auto Sector Updates, Jobs Sector Updates , Energy Sector Updates , Media sector Updates Entertainment Sector Updates , Telecom Sector Updates , Banking Sector Updates , Finance Sector Updates , Healthcare Sector Updates , Biotech Sector Updates , Pharmaceuticals Sector Updates - and get the comprehensive news about growth of indian economy.

Latest Updates of Auto Sector:

April 2008 Auto Sector Updates:

  • Setco Automotive targets to double turnover in three years - (24/4/2008)
  • India supplies horns for 5 lakh BMW luxury cars - (24/4/2008)
  • Auto parts cos to post modest Jan-March profit - (23/4/2008)
  • Apollo group co to sell 15% in arm to PEs for Rs 70 cr - (23/4/2008)
  • BMW opens its first showroom in Kolkata - (24/4/2008)
  • Maruti Q4 net at Rs 297.7 crore - (24/4/2008)
  • Mitsubishi plans to price Outlander at Rs 15.5 lakh - (24/4/2008)
  • Toyota overtakes GM as world's top automaker - (24/4/2008)
  • Tata gets US antitrust clearance for Jaguar, Land Rover - (24/4/2008)
  • Mahindra & Mahindra drives Scorpio to Chile - (23/4/2008)
  • Honda to hike City, Civic prices by up to Rs 10,000 - (23/4/2008)
  • BMW aims to be market leader in premium car segment by 2010 - (23/4/2008)
  • German co to setup heavy truck manufacturing plant in Pune - (22/4/2008)
  • Tatas' world-class R&D hub coming up in UK - (22/4/2008)
  • Indian market to be flooded with luxury sedans - (21/4/2008)
  • Daimler, Hero to invest Rs 4,400 cr in commercial vehicles venture - (21/4/2008)
  • Chinese cars eye emerging markets fo drive fast on export targets - (21/4/2008)
  • M&M set to buy Belgian gear-maker for $475 mn - (21/4/2008)
  • Auto majors plan company-run showrooms to drive car sales - (21/4/2008)
  • Sutlej Motors to meet global standards in bus body building - (20/4/2008)
  • Auto sector corners a large pie of M&As by domestic firms - (20/4/2008)
  • Good demand for bicycles due to fuel price hike - (20/4/2008)
  • Maruti to hike prices in May first week - (20/4/2008)
  • Maruti keeps market share in FY08, Tata loses ground - (19/4/2008)
  • Zip, zap...IIT Delhi's F1 car for Silverstone circuit - (19/4/2008)
  • Higher input costs pushing up bike prices - (19/4/2008)
  • Delhi to sweep streets clean of 15-yr-old cars - (18/4/2008)
  • Beijing auto show spotlights automakers' hopes for booming China market - (17/4/2008)
  • Car companies to hike prices by Rs 4,000-16,000 - (17/4/2008)
  • Rahul Bajaj seeks CLB's permission to convene board meeting - (17/4/2008)
  • Cheap Chinese fake bikes haunt Bajaj Auto - (17/4/2008)
  • Ceat plans to set up 2 new plants in India: Official - (15/4/2008)
  • SC asks Tata Motors to file reply on Singur project - (15/4/2008)
  • M&M showcases hybrid version of Scorpio - (15/4/2008)
  • Chrysler and Nissan unveil production alliance - (15/4/2008)
  • US firm launches new bearings manufacturing plant in India - (16/4/2008)
  • M&M launches Alfa in Andhra Pradesh - (15/4/2008)
  • M&M launches Alfa Passenger in Andhra Pradesh - (14/4/2008)
  • Argentum may roll out luxe cars for Karmann - (14/4/2008)
  • Volvo expects India, China to drive its growth in Asia - (13/4/2008)
  • SC asks Tata Motors to replace defective car - (13/4/2008)
  • Hyundai cuts export target due to strong rupee - (12/4/2008)
  • Mitsubishi Motors to increase its capacity to four folds - (12/4/2008)
  • JK Tyres acquires Mexican tyre co Tornel for Rs 270 cr - (12/4/2008)
  • Oil, environment, lifestyle fuel Asia's two-wheeler boom - (12/4/2008)
  • Toyota's small sedan to debut by 2010 - (12/4/2008)
  • Toyota to invest Rs 1400 cr for small car plant - (11/4/2008)
  • Ajanta to challenge Nano with electric car - (11/4/2008)
  • Tata faces green, not nationality issues with JLR - (11/4/2008)
  • Bajaj-Renault Lite may miss launch date - (11/4/2008)
  • Auto sales dip After seven straight years of growth - (11/4/2008)
  • Fiat may roll out cheaper Palio in BRIC countries - (11/4/2008)
  • Consumer court asks Hyundai Motor to replace faulty engine - (10/4/2008)
  • Automobile sales drop 4.7% in 2007-08 - (10/4/2008)
  • Atlas Copco acquires holding in Indian drilling technology Co - (10/4/2008)
  • Tata Motors' Nano heads for South Africa - (10/4/2008)
  • Indian SMEs help Rover for a smooth drive - (10/4/2008)
  • Ford plans side-view mirrors to track blind spots - (10/4/2008)
  • Indian auto suppliers eye US companies - (9/4/2008)
  • Ford India launches roadside assistances in Chandigarh - (9/4/2008)
  • Steel prices to impact profits of auto firms: Tata Motors - (9/4/2008)
  • Tata Motors on expansion drive in Africa - (9/4/2008)
  • Tata Motors to make trucks in South Africa - (9/4/2008)
  • SRF approves Rs 17 crore expansion project - (9/4/2008)
  • Hero Honda to pump in additional Rs 150 cr in Haridwar - (9/4/2008)
  • Emcon Technologies plans to setup plant in West Bengal - (9/4/2008)
  • Hero Honda starts Haridwar facility - (9/4/2008)
  • Ford India's 24-hour roadside service in Hyderabad - (9/4/2008)
  • Sifcor stake buy to give BFL more market access - (9/4/2008)
  • M&M's Bolero sells 50,000 units in FY08
  • Bharat Forge buys Groupe Sifcor of France - (8/4/2008)
  • Eicher's motor bike unit March sales up 14% - (8/4/2008)
  • India drives BMW's record sales - (7/4/2008)
  • Eicher Motors March sales fall marginally - (7/4/2008)
  • Tata Motors raises truck, bus prices - (7/4/2008)
  • Eicher Motors March sales slip marginally - (7/4/2008)
  • Ashok Leyland March vehicle sales up 27 per cent - (7/4/2008)
  • Maruti to power small cars with genext engines - (7/4/2008)
  • Tatas to focus on 'world truck', goes slow on Iveco deal - (7/4/2008)
  • China is world's 3rd largest motor vehicles producer
  • JK Tyres to invest Rs 480 cr for capacity expansion
  • Maruti Suzuki to launch 'world car' from India by end-2008
  • Nano may steer clear of Sona, eyes cheaper option
  • Hyundai to roll out small car from Chennai plant
  • Steel price hike could affect Nano's Rs 1 Lakh tag
  • Hyundai i10 is JK Tyre-Indian Car of the Year 2008
  • S&P downgrades Tata Motors corporate credit ratings to 'BB'
  • Tata Motors buys Nissan's South African plant
  • Indica engine to power Ace
  • Volkswagen hikes India investment for Skoda Fabia
  • GM shows off Volt, progress toward 2010 launch
  • M&M, I-Venture team buys Italian gear maker Metalcastello

March 2008 Auto Sector Updates:

- TVS launches Scooty Teenz Electric

- Hero Group, UK's Ultra scrap JV plans

- GM shows off Volt, progress toward 2010 launch

- Tata Motors gets nod to produce 'eco cars' in Thailand

- Tata Motors to list on Tokyo Stock Exchange

- Worker dies inside Tata's Singur project site

- Tatas plan to raise $983 million in Japan

- Steel Strips Wheels bags Rs 110-cr order from Renault

- M&M, I-Venture team buys Italian gear maker Metalcastello

- Mahindra sees double-digit growth in FY09

- Duty cut perks up sales figures of auto companies

- TVS Motor March sales down 9% on year

- Maruti posts record annual sales, up 13.3% in '08

- Ferrari may drive into India in 2010

- Tata Motors to invest Rs 6K cr in Pune, M&M readies Rs 1,500 cr for Chakan

- Tata Motors to invest $1.5 billion over 4-5 yrs

- Tata's acquisitions of JLR sparks an outpouring of national pride

- Hinduja Group eyes stake in Valeo

- TVS motor company launches 125CC TVS Flame

- Amtek Auto may lose $18 mn due to global currency turbulence

- Auto component industry seek check on input cost

- Ford sells Jaguar, Land Rover to Tata Motors

- Auto component industry seek check on input cost

- Minda Group becomes darling of global auto firms

- JBM Auto in JV with Italy's Magnetto

- TVS bags TPM award

- Bajaj, Hero Honda, Kinetic plan gas-based 2-wheelers

- Luminous Power to foray into electric 2-wheeler segment

- AAIFR dismisses SEBI, BSE appeals on Dunlop

- Ceat sells surplus Mumbai land

- Apollo Tyres to set up greenfield plant in Hungary

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Tata's Giant Takeover - Ford sells Jaguar / Rover Luxury brands to Tata's

Tata Motors of India finally tookover the luxurious Rover and Jaguar brands from world's number 3 auto maker Ford Motor Company of USA. The deal has been close to US$ 2.5 billion as said by resources. Ford was in constant talks with the Tata's from 2007 when Tata's emerged as the front runner in the takeover deal. This giant takeover would make the presence of indian Tata motors globally, recently Tata Motors also presented it's smallest and cheapest world car at the Geneva Auto Show to attract the world audience and making it's nano trully global car.

If the Tata Nano is well welcomed across the globe after it's commercial launch Tata's annual turnover would touch sky's since Nano is tagged as people's car.

U.S. automaker Ford has agreed to sell its luxury brands Jaguar and Land Rover to India's Tata Motors for more than $2 billion, according to a source familiar with the matter.

Ford, which signed the deal on Tuesday, plans to publicly announce the transaction in New York at 0800 EST on Wednesday, said another source. The deal will also see Ford pay about 300 million pounds ($598 million) into Jaguar and Land Rovers' pension funds, according to unions. Ford declined to comment, adding "our first responsibility is to communicate with our employees." The sale had been expected at the start of this month, but it was delayed as the two firms discussed their future relationship, including technology sharing and Ford's provision of engines and body parts for the two brands.

Tata, India's top vehicle maker, has been in talks with Ford since it was chosen as the frontrunner to buy Jaguar and Land Rover a few days into 2008. Tata is pursuing the deal to gain a substantial foothold outside India. But analysts have questioned how Tata will incorporate the luxury brands into its stable of sturdy trucks and functional passenger cars, including the Nano, the world's cheapest car which it unveiled in January.

While Land Rover has generated three years of record sales with its iconic SUVs, the fit of Jaguar is far less clear. Ford, which lost $2.7 billion in 2007 and $12.6 billion in 2006, is spinning off Jaguar and Land Rover to focus on turning around its loss-making operations in North America. The sale will include a commitment by Tata to continue buying engines from Ford, according to unions. All Jaguar and Land Rover's petrol engines are built in a Ford plant in South Wales, supporting hundreds of jobs there.

Diesel engines come from Ford's factory in Dagenham, east London. One of the sources knocked down reports on Indian television earlier on Tuesday that the deal had been closed for $2.65 billion. "That figure of $2.65 billion is highly unlikely," one source close to the deal said of the report on media. "You have to come south from that by quite a bit." Ahead of the media reports, shares in Tata Motors rose 2.7 percent to a three-week closing high of 679.95 rupees, in a Mumbai market that surged 6.1 percent. Ford shares were down 0.2 percent at around $5.95 at 1813 GMT.