RPT-CHRONOLOGY-Tata Motors: from trains to trucks to Jaguar

Tue Mar 25, 2008 11:12pm EDT
 
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March 26 (Reuters) - Ford Motor Co (F.N) is expected to confirm the sale of its British luxury brands Jaguar and Land Rover to India's top vehicle maker Tata Motors (TAMO.BO) (TTM.N) for over $2 billion later on Wednesday.

For more details, double-click [ID:nL25657658].

For a selection of stories on the deal, double-click [ID:nBOM88020]

Following are some key events from Tata Motors' history:

1945 - Tata Engineering and Locomotive Co Ltd (TELCO) is set up as a locomotive maker at the end of World War Two

1954 - Company shifts to making trucks in a joint venture with Germany's Daimler Benz

1977 - Commences production of commercial vehicles

1994 - Enters venture with Daimler to make Mercedes Benz cars in India

1998 - Launches fully indigenous passenger car, Indica

2001 - Ends joint venture with Daimler

2002 - TELCO is renamed Tata Motors Ltd

2003 - Announces plan to build world's cheapest car for 100,000 rupees ($2,500)

2004 - Acquires South Korea's Daewoo Commercial Vehicle Co, and lists on the New York Stock Exchange. Launches Indigo sedan

2005 - Buys 21 percent stake in Spanish bus maker Hispano Carrocera SA, launches mini-truck Ace in India

2006 - Signs manufacturing and distribution agreement with Fiat (FIA.MI), enters venture with Brazilian bus maker Marcopolo  Continued...

 

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