Outline• History and Product offerings• Tata Group & Corporate Responsibility• Financial Analysis• Tata’s Future & what impact, if any, for the American auto market
History• Started in 1945 in • The family founded: Mumbai, India. – Ironworks• Original production was – Steelworks on locomotives. – cotton mills• 1954 – hydroelectric-power – First car rolled off of the plants assembly line. • Are of their endeavors• Tata’s are a family of have been proved to be Indian industrialists and crucial to Indias philanthropists. industrial development.
History• Tata Motors is India’s • Together both owns the largest companies started their independent company commercial vehicle in India. operations in 1960.• Mercedes and Tata • in 1986 the company teamed up to create a created and sold the truck line. first LCV – First major business deal – LCV = light commercial with another firm. vehicle – Was the Tata 407
History• Tata Motors decided to • Began creating new pursue joint ventures. lines in the late 1990’s – Cummins Engine Co., and early 2000’s: Inc., was the first – Compressed natural gas company to jointly buses venture with Tata in – 1109 vehicle, used for 1993. commercial purposes. – Manufactured a diesel – Ex-series engine that had high – Newly designed LCV horsepower and emitted called the 207 DI less harmful chemicals.
Products• Tata Indigo – Created in 2002 – Mid-sized sedan. – Different models run on either normal gasoline or diesel fuel. – Seats 5 people. – Same luxuries as American made vehicles.
Products • Tata Indigo SW – Station wagon version of the Indigo. – Same basic features as the Indigo. – Seats 5 people. – Different models fun on different fuels. – Different optional safety features than other vehicles.
Products• Tata Indica – Hatchback version of the Indigo sedan. – Easily affordable. – Smallest in the line of Tata vehicles to date. – Seats 5 people. – Same basic features as the sedan.
Products • Tata Safari – Mid-sized SUV. – Has a special engine called DICOR. • Direct Injection Common Rail. • Allows the engine to intercool itself. – Comes in either a 4x4 or a 4x2. – Can seat 7 passangers.
Products• Tata Sumo – Runs off of diesel fuel. – Seats up to 7 passengers. – Has a separate rear and front suspension for an optimal ride. – Has two separate air conditioners for the front and rear of the vehicle.
Tata Group• 100 companies throughout 7 business sectors •Engineering, materials, energy, chemicals, services, consumer products, information systems and communications •Tata AutoComp Systems - Automotive •Tata Steel - Materials •Tata Power - Energy •Rallis India - Chemicals •Tata Realty and Infrastructure - Service •Tata Tea - Consumer Products •Tata Technologies - Information Systems and Communications
Corporate Social Responsibility•“A Company that cares about the future” •Committed to corporate social responsibility •Signed the United Nations Global Compact•Plays role in community development•Environmentally-friendly products and technology
Corporate Social Responsibility•Two main concerns: •Reduction of pollution •Restoration of ecological balance •Implemented soil and water conservation programs•Cleaner Engines •Advanced emission-testing labs •Developing alternate fuel engines•Sewage treatment facilities•Encourages tree planting
Corporate Social Responsibility•India – Recycling Culture •Value in discarded products•Europe – “Throw-away” culture•European ELV Directive
Corporate Social Responsibility•Community Development •Community Service Division •Promote economic independence •“Self-initiated cottage industries”
Tata Finance: overview• Stock Trend• Growth and Expansion – Sales – assets• Financing Operations• Tata vs. American Companies
Tata Motors Inc. Stock• TTM• NYSE since 2004• $15.84 as of Friday (Yahoo, 2008)• Down 8% in last year