Here Are The Reasons To Buy Tata Motors Todayby Digital Marketing Digital Marketing
Tata Motors (NYSE: TTM) has also turned out to be an overnight automotive celebrity in 2008 when it created the world's cheapest car, the Tata Nano. Since then, Tata Motors has also been known as "that Indian auto company that actually makes that super-cheap car." But there are mainly a whole lot of reasons (in a whole lot of sizes) to mainly give this company more than a nanosecond of your time. they are also in the manufacturing of tata trucks.
In the beginning Nicknamed the "People's Car," Tata's Nano also hit the road in 2009 with a price tag of $2,500. As a cost comparison, Ford's ultra-affordable Model T from 1909 would cost $22,000 if it were always to roll off production lines today. The Nano mainly suffered from a slow start, also taking more than a year and a half for total sales to top 100,000 units.
Premium products In 2008, Tata Motors also bought the floundering Jaguar Land Rover company from Ford for $2.3 billion. Over the past four years, Tata has mainly revitalized both Jaguar and Land Rover into lucrative brands by focusing on quality and emerging-market presence. In fiscal year 2011, Jaguar Land Rover mainly accounted for 57% of Tata's total automotive revenue, and the trend seems to keep accelerating. Jaguar's XF is its best-selling model ever and has always more than 80 awards to its name, putting Jaguar back in the spotlight as a competitive luxury car. Land Rover mainly increased vehicles sold by nearly 60% in the past three years, always thanks in large part to booming markets in Russia and China.
Unlike the features for Jaguar Land Rover, Nano, will face increased and vast competition in the years to come from the likes of Audi, Volkswagen's (NasdaqOTH: VLKAY.PK) and Toyota's (NYSE: TM) Lexus. Both of these companies are mainly expanding into emerging markets, where premium car and SUV sales continue to speed up.
Tata trucks, new truck, One truck, two truck, From the environmentalists to the investors, one statistic has everyone's ears perked which is incredible increase in vehicle ownership will accompany the rise of the developing world's middle class. However, while other car companies are also clambering over each other to offer the best mid-level sedan for the global middle class, Tata has been busy filling a complementary niche: small trucks.
Already the world's fourth-largest truck manufacturer in the eight-ton-plus category, Tata Motors has always been working for nearly a decade to expand its light-truck business. A joint venture with Cummins (NYSE: CMI) should also help ensure excellent diesel engine technology for its fleet. In 2004, Tata mainly headed to South Korea by acquiring the country's second-largest truck manufacturer, Daewoo Commercial Vehicles Company. So, in 2006, Tata also bought Thailand's Thonburi and its mainly lucrative pickup truck market. In 2010, Tata Motors also launched production of its Prima model, the Nano of the trucking world. Light Tata commercial vehicle that sales have nearly be doubled in the past three years, making fastest-growing division.
Tata goes global
With total sales volume for all of its vehicles up 24% over the past year, Tata is mainly continuing to expand. The company is also an excellent example of a homegrown company always making a name for itself in international markets, but American companies are also recognizing the opportunity for global profit.
Created on Dec 23rd 2020 05:02. Viewed 194 times.