Entries Tagged 'TaTa' ↓
April 8th, 2008 — TaTa, mitsubishi, toyota
Thailand Wednesday approved granting tax privileges to automobile-makers Mitsubishi, Toyota and Tata to invest a combined 16.6 billion baht (536 million dollars) to produce more than 300,000 eco-cars for the domestic and export markets.
Thailand’s Board of Investment (BoI) Secretary General Sathit Chanchouwakul said the three companies would be ready to begin operations within two to four years.
Volkswagen, which has also submitted a proposal to produce eco-cars in Thailand, was not included among the approvals granted by BoI Wednesday.
The Mitsubishi project promised to invest 4.7 billion baht to produce 107,000 eco-cars in Thailand, 88 per cent for export, while Toyota will invest 4.6 billion baht to make 100,000 units by 2012, 50 per cent for export, and India’s Tata Motor has pledged to invest 7.3 billion baht to make 100,000 units by 2010, of which 52 per cent will be exported.
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March 10th, 2008 — Land Rover, TaTa, jaguar
Tata Motors Chairman Ratan Tata has assured British workers that his company would retain the “brand and cultures” behind Jaguar and Land Rover if it were to acquire them.
Tata Motors is in an advanced stage of negotiations with Ford to acquire the British brands and a final decision is expected next week.
Speaking at the Geneva Motor Show on Tuesday, Tata said: “Our intentions over Jaguar Land Rover are not to take the technology, not to outsource [production] but we are interested in the brands and the cultures behind them.”
“We plan to retain the image, touch and feel of these brands and not tinker with them in any way,” he said.
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January 23rd, 2008 — Chrysler, TaTa
Tata Motors has signed a development contract with Chrysler’s electric vehicle unit Global Electric Motorcars (GEM) to develop and market an electric version of the Ace for sale in the US.According to sources in the industry, the battery operated neighbourhood electric vehicle (NEV) that can ferry passengers and cargo has passed required safety and reliability tests, and the prototype is ready for production.
The vehicle, that will mark the auto major’s entry into the US markets, will be exported as a completely built unit sans engine or gear box. The American counterpart, that already produces and sells a range of six NEVs, will fit it with the motor and controller, the sources said, adding that the branding details had not yet been worked out.
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January 10th, 2008 — TaTa
January 10th, 2008 — TaTa
January 9th, 2008 — Auto show / Motor Show, TaTa
December 7th, 2007 — TaTa
Tata Motors, India’s largest and most fully integrated automobile company, is confident it can succeed in Thailand’s pickup truck market, the world’s second largest after the United States, despite tough competition from Japanese and American brands and the slow automotive market.The company also pledged to make Thailand its manufacturing hub to serve the Asean market as many projects are in the pipeline, including an eco-car.
Tata Motors (Thailand) Co, a 70:30 joint venture between Tata Motors and Thonburi Automotive Assembly Plant Co, would introduce a range of one-ton pickup trucks carrying the Tata name in the Thai market next March.
The Tata pickup trucks would be produced at Thonburi’s assembly plant in Samut Prakan at full capacity of 35,000 units per year and generate at least 500 jobs.
The project represents about 1.3 billion baht in investment.
Tata Motors may expand into local production of other vehicles in the future.
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October 31st, 2007 — TaTa
