TATA TAKES OVER Jaguar and Land Rover brands Daewoo
Tata Motors Limited acquired Daewoo Motor's Commercial vehicle business in 2004 for around USD $16 million.
Strength The benefit is that Tata has been able to exchange expertise. For example after the Daewoo acquisition the Indian company leaned work discipline and how to get final product rights first time. Company has successful alliance with Italian producer fiat since 2006. This has exchange the product profile of Tata. Style was launch by Tata in 2007 and the company have agreement to built our pick targeted at central and south America.
Motor Development International of France has developed the
world's first prototype of a compressed air car, named One CAT. In 2007,
Tata Xenon is Tata's bestselling vehicle in Europe.
Financial Highlights The company's strong operating cash flows helped the company to bring down its interest cost in Financial Year 2004. The company had a negative working capital in Financial Year 2004., the second year in running.