Wednesday, October 19, 2011

Tata Motors to set-up truck and bus assembly lines in South East Asia and Latin America

The Indian auto giant, Tata Motors is mulling to establish its truck and bus assembling lines in the foreign markets like Latin America and South East Asia. Tata Motors is currently the largest commercial vehicle maker in the Indian market. The company has already commenced the assembling work of its commercial trucks in the South African market.

While speaking to the reporters on the sidelines of the silver jubilee celebration of company’s popular vehicle Tata 407, Mr. Ravi Pisharody, Tata Motors President for Commercial Vehicle Business, said, "We are looking for land in Latin America and South East Asia."

So far, the company has sold over 5 lakh units of Tata 407 model. The mini truck has been appreciated by the auto enthusiasts for its performance and it accounts for a market share of 75 percent in its category. The Tata 407 has offered goods transportation and people movement solutions to varying degree of users.

While commenting on the success of Tata 407, firm’s Managing Director for India Operations PM Telang said, "We are grateful to our customers who have acknowledged our understanding of their needs and our engineering capabilities. We will continue to add new features to the range matching customer requirements."

Source: Car Trade India


No comments:

Post a Comment