Tata Motors Statistics: A car manufacturer, that offers a wide range of products that include cars, utility vehicles, and trucks, as well as buses, trucks, buses, and defense vehicles. It operates in two main segments: automotive and other. The Automotive segment includes all activities related to vehicle design, manufacture, assembly, and sale. It also includes car financing and the sale and purchase of accessories and parts. It can be further sub-segmented into Tata Commercial Vehicles and Tata Passenger Vehicles as well as Jaguar Land Rover and Vehicle Financing. Information technology and insurance brokerage are two other services.
Tata Motors has millions of TML vehicles worldwide and is one of the few companies that can offer a wide range of its customers. Since 1961, the company has expanded its international presence through exports. The company is a strong player in passenger vehicles and has exported to Sri Lanka, Bhutan, Bangladesh, Nepal, and Bangladesh. Tata Motors has a broad range of commercial vehicles. They are tailored to local conditions and meet the highest standards in safety, quality, comfort, and environment norms. Tata Motors Group has over 125 locations and more than 8,800 touch points worldwide. Tata Motors also has R&D centers in India, South Korea, Italy, India, the UK, and India. The company has a deep understanding of customer needs from different markets and is well-equipped to respond to changing trends and automotive norms across the globe.
Tata Motors is a significant presence on the continent of Africa. It has a strong presence in South Africa and Angola, the Democratic Republic of Congo. Since 1992, Africa has been a favorite destination for Tata Motors. Both left-hand- and right-hand-drive versions of cars, buses, and SUVs can be found on African roads. Rosslyn, South Africa, is home to a manufacturing facility that produces trucks from 7 to 75 tones.
Since 2009, Tata Motors has been expanding its Latin American customer base. The company’s portfolio of CV products offers a winning combination: power-packed performance, lower ownership costs, and a wide range of other benefits.
Tata Motors was the first to venture into Asia Pacific markets in 1961 with its entry into Sri Lanka. The company is also present in Bangladesh, Nepal and Bhutan, Indonesia, Philippines, Thailand, Vietnam, and Malaysia. Tata Motors has a strong presence in all geographies and holds a large share of the commercial vehicle segment across various markets. This is a key part of its global expansion strategy.
Tata Motors has been present in the Middle East since 1971 when vehicles were first sold in Bahrain. Vehicles are now sold in Oman, Kuwait, and Qatar, as well as in Saudi Arabia. They offer rugged products that can withstand harsh terrains and weather conditions. The company has a strong position in the medium bus market and is expanding into the pickup truck and truck markets. This region has seen the launch of the Tata Elanza and Xenon as well as Prima.
Tata Motors Limited Operational Description:
Automotive operations and other segments are the company’s two reportable business segments.
The automotive segment encompasses all activities associated with vehicle development, design, manufacture, assembly, and sale, as well as financing and sales of related parts and accessories. It provides finance for autos sold by Indian dealers. Tata Commercial Vehicles, Tata Passenger Vehicles, Land Rover, Jaguar, and Vehicle Financing are the four sub-segments of their automobile segment.
The division of Tata and other brands of automobiles, including financing, encompasses vehicle development, design, manufacture, assembly, and sale. Tata Motors brand has manufacturing facilities at seven plants in India: Jamshedpur (Jharkhand), Lucknow (Uttar Pradesh), Pune (Maharashtra), Pantnagar (Uttarakhand), Sanand (Gujarat), and Dharwad (Karnataka). Gunsan, South Korea, is home to TDCV’s production site. In India, the company’s sales and distribution network include 5,528 sales contact sites for its passenger and commercial vehicle businesses. In the fiscal year 2020, the firm sold 961,463 automobiles. Approximately 613,876,730 passenger automobiles and 347,587 commercial vehicles are included.
Tata Motors Limited’s sales volume was more than 485,000 units at the end of fiscal 2021. This includes domestic and international sales of Tata Motors Limited. It included medium and heavy commercial vehicles, utility vehicles, and cars. This was slightly more than the previous year. In the past two years, the automotive industry suffered a major negative impact from introducing new emission norms and changes in axle load norms. This was in addition to a slowdown in the economy and the COVID-19 pandemic.
Tata Motors had sold more than 241,000 commercial vehicles in India by the end of fiscal 2021. It was the largest South Asian commercial vehicle manufacturer and also the most valuable corporate brand, with a value of approximately US$ 21 billion.
Tata Motors was the Indian company with the largest sales volume, selling more than 465,000 vehicles in the fiscal year 2021. China and Europe were close behind, coming in third and fourth, respectively. Tata Motors was faced with multiple challenges during the fiscal year 2021. This led to lower sales volume. These included the decline in the automotive industry as a result of slowing economies, liquidity crises, and changes in axle load norms. There was also a shortage of steel and semiconductors. The transition to new emission standards was difficult.
Tata Consultancy Services was, as of June 2020, the most valuable Tata Group company in terms of market capitalization. This company was worth more than 7.5 trillion Indian rupees. Titan Co. was second with 870 billion rupees. The steel and consumer goods businesses of the conglomerate followed suit.
Tata Motors exported approximately 1,800 commercial vehicles from India in March 2020. The corporation dominated the domestic, commercial vehicle industry that year as the market leader.
Tata Motors Limited Key Developments:
- In January, Tata Motors introduced its smart compact truck, the Intra V20, In Nepal.
- In January, Tata Motors introduced the new Altroz iTurbo.
- In January, Tata Motors unveiled its new SUV Safari.
- In February, Tata Motors entered into a partnership with ADLOID for the augmented reality launch of its new Safari 2021 model.
- In March, Tata Motors launched the new XTA variant of Tiago.
- In April, Tata Motors sold its defense business to Tata Advanced Systems Ltd. for INR2.28 billion.
- In June, Tata Motors’ subsidiary, Jaguar Land Rover launched the new Jaguar F-PACE in India.
- In June, Tata Motors secured a contract to supply 25 Tata Winger Ambulances to the Health Department of Gujarat, India.
- In June, Tata Motors along with Tata Power launched a high-speed CCS2 EV charging station at RSA Motors in Chandigarh, India.
- In June, Tata Motors and Kotak Mahindra Prime entered into a collaboration to offer three financing solutions for its passenger vehicle customers.
- In June, Tata Motors secured an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited.
- In July, Tata Motors and Jammu & Kashmir Bank signed a two-year MOU to bring attractive and easy financing options to their customers.
- In July, Tata Motors and IndusInd Bank entered into a partnership to provide offers on passenger vehicles to its customers.
- In July, Tata Motors and Sipradi Trading Pvt. Ltd entered into a partnership to launch Nexon EV In Nepal.
- In August, Tata Motors and Sundaram Finance entered into a partnership to provide offers on passenger vehicles to its customers.
- In September, Tata Motors inaugurated 70 new sales outlets across South India.
- In August, Tata Motors and Common Service Centre Scheme e-Governance Services India Limited entered into an MOU to bring Tata Motors commercial vehicles to rural customers across India.
- In October, Tata Motors is in talks to acquire Ford’s units in Tamil Nadu and Gujarat.
- In October, Tata Motors raised US$1 billion from TPG’s Rise Climate Fund and ADQ.
- In October, Tata Motors launched Tata Punch micro-SUV In India.
- In January, the company launched the new Tata Nexon EV, a new electric SUV.
- In January, the company entered into a partnership with what3words for navigation technology.
- In January, the company’s Jaguar Land Rover launched the new Range Rover Evoque, available under the S and the R-Dynamic SE derivatives in India.
- In February, the company partnered with Tata Elxsi Ltd. to develop a unified connected vehicle platform.
- In March, the company inaugurated the fifth Saarthi Aaram KendraIn Udaipur, Rajasthan, India
- In April, the company launched Click to Drive, an online sales platform to offer an end-to-end full digital sales experience.
- In April, the company’s JLR and Ricardo launched face shield production for NHS healthcare staff and key workers in the UK.
- In June, the company announced its plans to acquire a 50% stake in Jayem Automotives in their joint venture JT Special Vehicles Pvt. Ltd.
- In July, Tata Motors and Karur Vysya Bank entered into an agreement to offer a scheme for Tata Motor customers at attractive terms.
- In August, the company launched the new Signa 4825.TK tipper truck.
- In August, Tata Motors and Hyundai Motor entered into a partnership to supply 250 electric passenger vehicles to the government floated by Energy Efficiency Services Ltd.
- In September, Tata Motors introduced a new variant of the Tata Harrier, Tata Harrier XT+.
- In September, Tata Motors and Tata Power entered into a power purchase agreement to commission the largest Carport with a 6.2 MW capacity project in Pune, Maharashtra, India.
- In September, Tata Motors announced its plans to sell stakes in its units Tata Technologies Ltd., and Tata Hitachi Construction Machinery Co. Pvt. Ltd.
- In November, the company launched the XM+ variant of the Altroz.
- In October, Tata Motors announced the launch of the Harrier Dark Edition XT.
- In December, Tata Motors entered into a partnership with Brihanmumbai Electric Supply and Transport to deliver 26 state-of-the-art electric buses.
- In December, Tata Motors entered into an agreement to acquire the 49% stake held by Marcopolo in their bus-making joint venture, Tata Marcopolo Motors Ltd., for INR1 billion.
- In December, Tata Motors announced the introduction of the Ultra T.7, an advanced light commercial vehicle for urban transportation.
The year 2019
- In March, Tata Motors acquired a non-aerospace business from TAL Manufacturing Solutions Limited.
- In March, Tata Motors sold its stake in subsidiary TAL Manufacturing Solutions Limited to TASL.
- In April, Tata Motors collaborated with Nirma University to provide B. Tech degree to its employees working at the Sanand plant in Gujarat.
- In May, the company and Chery Automobile entered into an agreement to form a joint venture in India.
- In May, Tata Motors launched Tata Motors Service Connect, a service app for its passenger vehicle customers.
- In September, Tata Motors collaborated with what3word, which will enable drivers to use a unique three-word address to search for locations on the car’s navigation system in India.
- In September, Tata Motors introduced Auto Mobility Collaboration Network 2.0 to collaborate with auto tech startups.
- In September, Tata Motors announced to launch its next electric vehicle with a new powertrain, Ziptron technology.
- In September, Tata Motors introduced the new pro editions on various models that include Harrier, Hexa, Nexon, Tigor, and Tiago.
- In September, Land Rover North America and US Ski & Snowboard joined forces to sponsor Land Rover as the official vehicle partner of the Olympic National Governing Body (NGB) of ski and snowboard sports in the USA.
- In November, the company partnered with Tata Steel to introduce Tigor EVs for employee transportation in Jamshedpur.
- In November, the company opened Advance Power Systems Engineering Tech Center at its Engineering Research Center in Pune.
- In November, Tata Motors entered into a partnership with Lithium Urban Technologies to develop electric mobility solutions in the market across passengers.
- In November, the company announced its plans to launch Tata Altroz, a new BS6 premium hatchback.
- In December, the company bagged an order to deliver 2300 buses from various State Transport Undertakings.
- In December, the company’s subsidiary Jaguar Land Rover launched the new Jaguar XE sedan, with S and SE variants in India.
- In December, Tata Motors and Prakriti E-mobility Private Limited entered into a partnership to deploy 500 Tigor EVs in New Delhi, India.
- In February, Tata Motors and Tata Motors Finance entered into a strategic contract with Kool-ex Cold Chain to provide 200 Fully Built Reefer Trucks.
- In January, Tata Motors partnered with BSNL to manufacture smart or connected cars.
- In January, Tata Motors announced its plan to launch a new 45X concept-based premium hatchback.