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The latest big news from Tata Motors is that the company is making arrangements to facilitate Land Rover vehicle assembling in India, as they're already selling the company's cars. Jaguar and Land Rover were taken over from Ford Motor Co by Tata in 2008. At present, suggestions also include the possibility of an assembling line in China.
Recent announcements have already made public the company's intension with Jaguar. Widening the company portfolio would mean more cars for the Indian auto market, and this would include an entry-level car, a station wagon and a roadster. Tata Motors boasted of a consolidated net profit of 19.89 $429.59 million for the 2nd quarter of 2010.
Of course one can easily attribute this success to general trends in the Indian auto market of late. The need for cars seems unstoppable and this has boosted demand in all sectors. The introduction of new cars from most customers has given customers a fair chance to choose as they please and this has further fuelled buying for domestic use vehicles.
The ever popular Tata portfolio includes trucks, buses, Safari, Tata Magic, Winger, Nano, Tata Indica and Indigo Manza.
