Tata Motors might build certain models in China

Article by Christian A., on July 18, 2011

Tata Motors Ltd. is studying the possibility of building and selling certain models in China, the largest auto market in the world, according to its annual report. India-based Tata Motors, which owns Jaguar and Land Rover, is headed by Chairman Ratan Tata. In this annual report, Tata said that China has turned into an “important market” for the automaker.

Talks are ongoing between Tata Motors and Jaguar Land Rover Plc to begin the development of engines in the United Kingdom and India. Sales in China this year have risen at a slower pace after rising by 32% in 2010.

This is because the government has ended incentives and had applied purchase restrictions to prevent traffic congestion.

In June 2008, Tata Motors acquired Jaguar and the Land Rover sport-utility vehicle brand from Ford Motor Co. Since then, Tata Motors has started to assemble the Land Rover Freelander models in India.

Tata stated that there could be a drop in the demand due to the high inflation in Asia. The car sales of India in June climbed at the slowest rate in the past two years due to increasing interest rates in an economy where 80% of the car purchases are financed through loans.

In June, China's passenger-car sales rose by 6.2%, a big turnaround from the decline in the prior month, according to the China Association of Automobile Manufacturers on July 8.

Topics: tata motors, china

If you liked the article, share on:

Comments

Recommended

An RHD (right hand drive) BMW M4 DTM Champion Edition has been listed to be for sale by Romans International, UK’s leading supercar dealership. The first owner of this rare...
by - May 24, 2017
Audi will be offering something exciting for its United Kingdom market. The company announced that it will be adding new features as standard to the A4 range. It also confirmed...
by - May 24, 2017
You guys are probably aware of the collaboration between Mercedes-Benz and Renault-Nissan. Knowing this, you would expect that both companies will come up with something impressive. Sources say that the...
by - May 24, 2017
Amongst all sports cars on the planet, which one is the world’s best-selling model? Would you have guessed that it is the Ford Mustang? According to IHS Markit’s global automotive...
by - May 24, 2017
It’s not a bird. It’s not a plane. It’s Kris Singh’s blue carbon flying machine! Time stood still for a few minutes after the extremely rare Pagani Huayra BC Macchina...
by - May 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries