Tata has promoted the current chief financial officer, David Smith, to the position of CEO of Jaguar and Land Rover. David Smith was managing the new group since Geoff Polites passed away on April 20. Smith started its career by joining Ford in 1983. He worked in New and Emerging Markets and was based in [...]
Tata
Tata Nano in the US
Tata wants to take over the world with the future Nano and has confirmed that the cheapest car might be sold in the US. The Indian carmaker denied a report from Conde Nast Portfolio claiming that "The model (Nano) won’t be sold in the US but has the potential to radically alter the market for [...]
Renault-Nissan annouces their £1,250 car
Renault-Nissan has given the green light to the future Nano competitor due to be launched by 2011. The news doesn’t come as a surprise as Petrol-Head regularly covered the future Nano competitors the last months. Until now, the carmaker which teams up with Bajaj Auto, was studying the feasibility to build a Nano competitor. As [...]
Tata Motors buys Nissan’s South African plant
Tata Motors has acquired Japanese auto giant Nissan’s Pretoria-based manufacturing plant for an undisclosed amount. What will stop Tata’s frenzy? After unveiling the Nano, buying Jaguar and Land Rover from Ford, the Indian carmaker has bought Nissan’s South African plant as part of an ambitious plan to manufacture its models in its important export markets. [...]
Tata to invest £750 million to boost production
Tata will invest £755 million to boost its production capacity in the next five years. The Indian carmaker plans to invest £755 million into its Pune plant, add new products and build vehicle testing facilities, announced Tata Managing Director Ravi Kant at a press conference. Kant said that the investment will help to increase capacity [...]
Tata interested in Ferrari stake
In an interview with Italy’s L’Espresso weekly news magazine, Tata Chairman Ratjan Tata has revealed that he would like to buy a stake in Ferrari. "I have two passions in my life, cars and aircraft. I have always dreamed of being able to be a fighter pilot. And I confirm the wish to participate in [...]
Tata to announce Jaguar and Land Rover takeover next week
Tata will announce the takeover of the two British carmakers, Jaguar and Land Rover, next week during the Geneva Motor Show. Ford and Tata came to an agreement after the positive talks Tata executives had with British unions. Last week Tata confirmed that it won’t sell Jaguar as soon as the takeover is done and [...]
Ford, Jaguar, Land Rover, Tata 0
British union confident over Jaguar after Tata talks
Last week, Petrol-Head reported that British unions were meeting Tata executives while a rumour about the sale of Jaguar by the Indian group was spreading in the news. It appears that the meeting went rather well as union confirmed their support to Tata. "We are confident our members’ long term future is best served by [...]
Ford, Jaguar, Land Rover, Tata 0
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