TATA Motors Wishing the auto Industry a Successful 2021!
Tata Motors Group (Tata Motors) is a $35 billion organisation. It is a leading global automobile manufacturing company. Its diverse portfolio includes an extensive range of cars, sports utility vehicles, trucks, buses and defence vehicles. Tata Motors is one of India’s largest OEMs offering an extensive range of integrated, smart and e-mobility solutions.
Part of the USD113 billion Tata group founded by Jamsetji Tata in 1868, Tata Motors is among the world’s leading manufacturers of automobiles. We believe in ‘Connecting aspirations’, by offering innovative mobility solutions that are in line with customers’ aspirations. TATA is India’s largest automobile manufacturer, and we continue to take the lead in shaping the Indian commercial vehicle landscape, with the introduction of leading-edge powertrains and electric solutions packaged for power performances and user comfort at the lowest life-cycle costs. Our new passenger cars and utility vehicles are based on Impact Design and offer a superior blend of performance, driveability, and connectivity.
TATA’s focus on connecting aspirations and our pipeline of tech-enabled products keeps us at the forefront of the market. We have identified six key mobility drivers that will lead us into the future – modular architecture, complexity reduction in manufacturing, connected & autonomous vehicles, clean drivelines, shared mobility, and low total cost of ownership. Our sub-brand TAMO is an incubating center of innovation that will spark new mobility solutions through new technologies, business models, and partnerships.
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Our mission – across our globally dispersed organization – is to be passionate about anticipating and providing the best vehicles and experiences that excite our global customers.
With over 8.5 million Tata branded vehicles plying globally, we offer a wide spectrum of vehicles that are customised for local conditions and meet the highest standards for quality, safety, environment norms and user comfort. We have been expanding our international footprint through exports since 1961. Today, Tata Motors is present in over 125 countries, with a worldwide network comprising over 8,400 touch points. With vast global experience, the company brings deep understanding of customer expectations from diverse markets, and is well positioned to cater to ever changing automotive norms and consumer trends across the globe.
for Fiscal 2020/21 to £1.5 billion of cost, profit, and cash flow improvements. Complementing this, the Accelerate program remains set to deliver longer-term structural improvements through the delivery of superior product quality, competitive the cost base and improved sales performance. Furthermore, Jaguar Land Rover continues to execute its product and technology plans, including the start of new Land Rover Defender sales and the launch of Range Rover Evoque and Land Rover Discovery Sport plug-in hybrids (with a new three-cylinder Ingenium engine).
Jaguar Land Rover retail sales3 were 508,659 vehicles in Fiscal 2019/20, down 12.1% year-on-year, including a significant impact on sales in the fourth quarter as well as other market challenges described above. Retail sales of the all-new Range Rover Evoque were significantly higher (up 24.7%) as were sales of the all-electric Jaguar I-PACE (up 40.0%) but sales of other models were lower, reflecting the impact of COVID-19 and other market factors, with the biggest decreases experienced by Jaguar saloons. Wholesales (excluding sales from our China joint venture) were 475,952 vehicles, down 6.3% year-on-year, generating revenues of £23.0 billion.
