Thread: TATA's international range of trucks and Buses

Automobile major Tata Motors has made inroads into the South African car market, selling more than 500 units of its premier models Indica and Indigo since their introduction six months ago capturing 2% market share.

Isnt this great!

TATA BUYS DAEWOO

http://www.domain-b.com/companies/co...40219_buys.htm

Tata Motors buys Daewoo Commercial for Rs 465 cr
Our Corporate Bureau
19 February 2004

Mumbai: Tata Motors Ltd has signed an agreement for acquiring Daewoo Commercial Vehicle Company Ltd (DWCV), the second largest truck maker in Korea, for about $102 million (Rs 465 crore). Company officials said this is a major step towards globalisation of Tata Motors.


According to Tata Motors, the acquisition will be financed equally through Tata Motors' equity in the Korean company and direct lending facilities to DWCV.

Tata Motors was selected as the "preferred bidder" for acquiring the Korean company in November, last year, out of 10 auto makers who are believed to have expressed interest in acquiring DWCV.
DWCV is the second largest commercial vehicle maker in South Korea with a market share of around 26 per cent. The company produces 200-400 horse power range of heavy duty trucks and has over 93 models of cargo trucks, dumpers, mixer vehicles and also the capacity to make light commercial vehicles.


Daewoo also makes tractors and utility vehicles and has an annual production capacity of 20,000 vehicles. Its heavy commercial vehicles manufacturing plant has not been running to capacity.
DWCV has been under court protection after its parent, Daewoo Motor Company, which declared itself bankrupt in November 2000, sold its passenger car business to a consortium led by the United States-based General Motors Corp


The acquisition of DWCW will help Tata Motors in its efforts to make the 'truck of the future', the prototype of which is likely to be ready by 2005-06 and also enter Southeast Asian markets like South Korea, Thailand and Malaysia as well as China, to truly boost its presence in foreign markets.


Tata Motors is also looking at setting up a base in China for trucks, and has been in negotiations with possible Chinese partners, though no deal has been signed.


Tata Motors holds nearly 67 per cent of the domestic truck market with its current range of products.


List of reports on Tata Motors

List of reports on Daewoo Commercial Vehicle Company

List of reports on Automotive

TATA BUYS STAKE IN HISPANO

http://mailman.lbo-talk.org/pipermai...07/004836.html


Business Stadard

Saturday, February 26, 2005

Tata Motors in Spain`s bus lane

Our Corporate Bureau / Mumbai February 26, 2005

Tata Motors to buy 21% stake in Hispano Carrocera for Rs 70 cr.

Tata Motors today announced it was acquiring a 21 per cent stake in Hispano Carrocera (HC), a Spanish bus manufacturing company, for ¤12 million (Rs 70 crore), with an option to acquire the entire equity of the foreign company later. The deal involves equity, debt and technology licensing.

This is Tata Motors’ second overseas acquisition after it took over South Korea’s Daewoo Commercial Vehicle Company for $102 million, the largest Indian acquisition in South Korea.

Hispano Carrocera has a 25 per cent share of the bus market in Spain and sells buses in Europe and several countries outside Europe.

Tata Motors will have the licence for the technology and brand rights of Hispano Carrocera. The Spanish company has its own in-house product development facility for buses and coaches.

Ravi Kant, executive director (commercial vehicle business unit) Tata Motors, said, "This strategic alliance with Hispano Carrocera will give us access to its design and technological capabilities to fully tap the growing potential of this segment in India and other export markets, besides providing us with a foothold in developed European markets."

fyi indianguy 4 u those trucks and buses are their on the first page of this thread

Originally Posted by bull

The trucks are from the tata stable in Korea and Buses from the tata stable in Spain.Currently this conpany TATA has got agreement with Mgrover to sell 1,00,000 TATA made indigo cars under"citirover" brand name.
Also another grup comapnt TATA tea took over Tetley tea of Uk to become worlds second largest tea company.

well bull citirover deal is gone b'coz MGRover is kaboom

Originally Posted by bull

fyi indianguy 4 u those trucks and buses are their on the first page of this thread

sorry cann't understand fyi ?

Also thanks for pics of TATA DAEWOO Trucks i was looking for some time

Originally Posted by indianguy4u

sorry cann't understand fyi ?

Also thanks for pics of TATA DAEWOO Trucks i was looking for some time

fyi is "For Your Information"

Originally Posted by bull

fyi is "For Your Information"

ok thanks !!

after TATA,Ashik Leyland,Swaraj noe Bajaj auto(force Motors) is launching its range of international trucks.

www.forcemotors.com

Don't forget MAN(ger) JV with Force motors, Also DiamlerChysler will bring their commercial vehicles & even VW. Don't forget TATRA, VOLVO, is already present along with IVECO JV with ALL. Also M&M in cooperation with International motors (US) has signed JV.