Tata is an Indian motor company which ranks as one of the highest auto-makers in terms of volume. Although they’re known for the cheap Tata Nano, the automaker also owns Jaguar Land Rover brand as well, making it a huge player outside of India.
Jaguar Land Rover owner Tata Motorsw says it will close either a Jaguar or Land Rover factory in England by 2014. The decision as to which of the company’s three U.K. plants will be shuddered has not yet been made, but Tata has said which two are on the chopping block. The first candidate is…
The acquisition of Jaguar Land Rover (JLR) by Tata Motors Ltd. from Ford continues to hurt the Indian automaker as the two British brands recorded a combined net loss of $1.11 billion in 2008. As a sign of the troubled economic times, in 2007 the two automakers managed a total net profit of roughly one…
Tata Motors has posted its first annual loss in eight years due to a significant drop in demand for vehicles from its newly acquired Jaguar Land Rover (JLR) unit. The Indian automaker, also known for manufacturing the world’s cheapest car (the Nano), posted a net loss of $520 million for its 2009 fiscal year, with…
Indian automaker Tata has confirmed that it will bring the Nano to the U.S. in the next three years. The Nano, launched officially several months ago in India, holds the title of being the world’s cheapest car with base models priced at just $2,000. David Good, a U.S. representative for the Indian automaker, which also…
Well, here’s an exciting follow-up to yesterday’s story about the launch of the new Tata Nano in India; Tata is looking to bring the $2,000 Nano to the U.S. According to a report in the Financial Times, Tata boss Ratan Tata is hoping to take advantage of the worldwide recession by bringing affordable (and we…
Yesterday in Mumbai, India Tata Motors officially launched its revolutionary Nano micro-car. Powered by a 624cc 2-cylinder engine that makes just 35hp, the Nano will be offered in three trims levels with a starting price of just $2,000. The Nano comes with a 4-speed gearbox with full power available at 5250 rpm and full torque…
Tata Motors Chairman Ratan N. Tata announced that the company has created a model that will be exported to European markets – including Europe. The Indian car company unveiled this new model, the Tata Nano Europa at the Geneva Auto Show yesterday. “In India, the Nano will be launched on March 23, and the cars will be…
In this volatile economic environment, no auto manufacturer is safe from hard times, including Jaguar and Land Rover. According to an Automotive News/Reuters report, the two historic British car companies are facing a “cash crisis.” Parent company Tata Motors, the Indian auto manufacturer that recently purchased the luxury brands from Ford for $2.3 Billion, recently…
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