Tata Motors was founded by Ratan Tata and is part of the Tata Group founded by Jamsetji Tata in 1945. Tata Motors entered the commercial vehicle segment in 1954 through a partnership with Daimler-Benz and the passenger vehicle segment in 1992. It is now India's largest automobile company and owns luxury brands like Jaguar and Land Rover. Tata Motors has two target customer segments - low income customers looking for affordable cars like the Nano, and high income customers seeking luxury vehicles. It offers a range of passenger and commercial vehicles as well as luxury cars, and focuses on providing reliable, responsive, and good value services to customers.