Tata Motors is harnessing plenty of feel good momentum from it’s association with Singham Returns. The association saw officials hand over two Tata Sumo Gold Utility Vehicles to the Mumbai Police this week.
Leading automakers in India with a prominent presence in the state of Maharashtra have planned fresh investments in their various facilities just ahead of the Assembly Elections. The Government of Maharashtra has signed four agreements with four leading automakers to the tune of INR 11,510 crores.
Tata Motors marks its entry into Algeria with a host of products in the passenger segment. The company has appointed SPA Elsecom for distribution and marketing of passenger vehicles in the country and will introduce the Tata Indica and Vista along with Indigo and Manza in the hatchback and sedan range respectively.
After registering decline in sales for years together, due to non-competitive products, Tata Motors has finally decided to take assistance of their British company, JLR where design and development of new cars and engines is concerned.
Competition Commission of India (CCI) has imposed a total penalty of INR 2,545 crores on as many as 14 auto companies in India for anti competitive practices on spare parts. Among these auto makers are Maruti Suzuki, Tata Motors, and Honda Cars India.
Tata Motors is actively working towards regaining their lost market share in India auto industry. They have promised to launch at least two new cars every year in order to improve sales. With Zest launched, and Bolt launch delayed, it seems that the second Tata product this year will be Safari Storme facelift, which has been spied again.
Turning to â€˜hub and spoke modelâ€™ for overseas ventures, with India acting as the manufacturing base is being devised by Tata Motors. This new system will allow the company to not only offset downturn in its domestic business, but will also pave the way for the company to become a significant global player.
Tata Motors launched Zest compact sedan at competitive price of Rs. 4.64 lakhs (ex-showroom Delhi) for base petrol variant and Rs. 5.64 lakhs for entry diesel version. Top end Zest petrol is priced at Rs. 5.99 lakhs and diesel Rs. 6.99 lakhs for high end as well as for AMT variant.