Edition:
United States

Profile: Tata Motors Ltd (TTM)

TTM on New York Consolidated

37.34USD
22 Jul 2016
Change (% chg)

$0.53 (+1.44%)
Prev Close
$36.81
Open
$37.55
Day's High
$37.55
Day's Low
$37.20
Volume
854,441
Avg. Vol
1,444,110
52-wk High
$37.55
52-wk Low
$20.00

Tata Motors Limited, incorporated on September 1, 1945, is an automobile company. The Company is engaged mainly in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. The Company's operating segments include automotive operations and all other operations. The Company's automotive operations are further subdivided into Tata and other brand vehicles (including vehicle financing) and Jaguar Land Rover. The Company operates in over 175 countries. The Company's commercial and passenger vehicles are marketed in several countries in Europe, Africa, the Middle East, South East Asia, South Asia, South America, Australia, Commonwealth of Independent States (CIS) and Russia. It has franchisee/joint venture assembly operations in Bangladesh, Ukraine and Senegal.

Automotive Operations

The Company's automotive segment operations include all activities relating to the development, design, manufacture, assembly and sale of vehicles, including vehicle financing, as well as sale of related parts and accessories. The Company offers premium cars in markets, such as the United Kingdom, the United States and Europe, as well as in emerging markets, such as China, Russia and Brazil through its Jaguar Land Rover business. In the automotive segment, the Company manufactures and sells passenger cars, utility vehicles, light commercial vehicles (LCVs), and medium and heavy commercial vehicles. The Company further divides these categories based on the size, weight, design and price of the vehicle. The Company's subcategories vary between and within Tata, and other brand vehicles and Jaguar Land Rover businesses.

The Company's range of Tata-branded passenger cars include the Nano (micro), the Indica, the Vista and the Bolt (compact), the Indigo eCS, the Manza and the Zest (mid-sized) in the sedan category. The Company has expanded its passenger car range with several variants and fuel options. The Company's Jaguar Land Rover operations have its presence in the premium passenger car category under the Jaguar brand name. There are four car lines under the Jaguar brand name, including the F-TYPE two seater sports car coupe and convertible (including all-wheel drive derivatives) the XF sedan (including the Sportbrake and all-wheel drive derivatives), the XJ saloon and the new XE sports saloon.

The Company manufactures a range of Tata-branded utility vehicles, including the Sumo and the Safari (sports utility vehicles), the Xenon XT (lifestyle pickup), the Tata Aria (crossover) and the Venture (multipurpose utility vehicle). Under the Safari brand, the Company offers two variants: the Dicor and the Safari Storme. Under the Sumo brand, the Company offers the Sumo Gold. There are six car lines under the brands of Range Rover and Land Rover in the premium all-terrain vehicles categories, including the Range Rover, Range Rover Sport, Range Rover Evoque, Land Rover Discovery, Discovery Sport and the Defender.

The Company manufactures a range of light commercial vehicles, including pickup trucks and small commercial vehicles. This also includes the Tata Ace, which is a mini-truck with a 0.75 ton payload with different fuel options; the Super Ace, with a one ton payload; the Ace Zip, with a 0.6 ton payload; the Magic and Magic Iris, both of which are passenger variants for commercial transportation developed on the Tata Ace platform and the Winger. In addition, the Company introduced a new generation of Ultra LCV trucks. The Company's offerings in the LCV bus segment include the Cityride and Starbus range of buses.

The Company manufactures a range of medium and heavy commercial vehicles, which include trucks, tractors, buses, tippers and multi-axled vehicles, with gross vehicle weights (GVWs, including payload) of between 8 tons and 49 tons. In addition, through Tata Daewoo Commercial Vehicles (TDCV), the Company manufactures an array of trucks ranging from 215 horsepower to 560 horsepower, including dump trucks, tractor-trailers, mixers and cargo vehicles. The Company also offers a range of buses, which includes the Divo Coach, the Semi Deluxe Starbus Ultra Contract Bus and the new Starbus Ultra. The Company's range of buses is intended for a range of uses, including as intercity coaches (with both air-conditioned and non-air-conditioned luxury variants) as school transportation and as ambulances.

All Other Operations

The Company's all other operations segment includes information technology (IT) services, and machine tools and factory automation solutions. As of March 31, 2015, the Company owned a 72.32% equity interest in its subsidiary, Tata Technologies Limited (TTL). TTL specializes in providing engineering services out-sourcing, product development IT services solutions for product lifecycle management (PLM) and Enterprise Resource Management (ERM) to the automotive, aerospace and consumer durables manufacturers and their suppliers. TTL's services also include product design, analysis and production engineering, engineering and customer relationship management systems. TTL also distributes, implements and supports PLM products from solution providers, such as Dassault Systems and Autodesk across the world.

The Company competes with Audi, BMW, Mercedes Benz, Infiniti, Lexus, Porsche, Volkswagen, Isuzu, Nissan and Toyota.

Company Address

Tata Motors Ltd

Bombay House, 24 Homi Modi stree
MUMBAI     400001
P: +9122.66658282
F: +9122.66657799

Company Web Links