Tata is probably going to be the world's largest car manufacturer. It is actually a very large operation:
While the British (automotive) Crown Jewels are certainly a nice acquisition, Tata's greatest achievement is probably going to be the introduction of the Nano, a US$2500 "people's car":The Tata Group is one of India's oldest, largest and most respected business conglomerates. The Group's businesses are spread over seven business sectors. It comprises 98 companies and operates in six continents. It employs some 2,89,500 people and collectively has a shareholder base of over 2.9 million and market capitalisation of $66.9 billion as on February 21, 2008.
There is a much larger draw for a US$2,500 mini-car than a US$75,000 luxury SUV. Nothing like covering both ends of the market.
I'm still stuck on Japanese quality, having been very pleased with my Lexuses and Toyotas for the past 20+ years. It will be interesting to see what Tata does with its new toys. So, if anyone out there wants to keep us updated on this topic, please feel free to send in photos of your bodacious Tatas. Thank you.
No comments :
Post a Comment