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Tata Motors history
Tata Motors company history timeline
Hence from 1945 to date Tata Motors grow and achieve great success in the field of automobile manufacture.
Tata entered the commercial vehicle sector in 1945 after forming a joint venture with Daimler-Benz of Germany.
Tata Motors was founded in 1945, as a locomotive manufacturer.
Tata Group entered the commercial vehicle sector in 1954 after forming a joint venture with Daimler-Benz of Germany.
The collaborated ended in the year 1969, after which the company entered the market of passenger vehicles in 1991. It collaborated with Daimler Benz AG, and constructed its first commercialized vehicle in 1954.
Tata 407, the LCV, was launched in 1986, and it has sold more than 500,000 units since then.
After years of dominating the commercial vehicle market in India, Tata Motors entered the passenger vehicle market in 1991 by launching the Tata Sierra, a sport utility vehicle based on the Tata Mobile platform.
On 27 September 2004, Ratan Tata, the Chairman of Tata Motors, rang the opening bell at the New York Stock Exchange to mark the listing of Tata Motors.
In 2004, Tata Motors acquired Daewoo's South Korea-based truck manufacturing unit, Daewoo Commercial Vehicles Company, later renamed Tata Daewoo.
Tata Ace, launched in 2005, was the first home-grown sub-one-ton mini-truck of India, and even turned out to be a huge success.
In 2005, Tata Motors acquired a 21% controlling stake in the Spanish bus and coach manufacturer Hispano Carrocera.
In 2006, Tata formed a joint venture with the Brazil-based Marcopolo, Tata Marcopolo Bus, to manufacture fully built buses and coaches.
In 2008, Tata Motors acquired the English car maker Jaguar Land Rover, manufacturer of the Jaguar and Land Rover from Ford Motor Company.
Tata acquired full ownership of Hispano Carrocera in 2009.
In 2009, its Lucknow plant was awarded the “Best of all” Rajiv Gandhi National Quality Award.
In 2010 the automaker presented a new crossover called TATA ARIA. The model brings a new platform, called X2, where the brand privileges the comfort of the passengers, without abandoning characteristics that take it to the off-road.
In 2010, Tata Motors acquired an 80% stake in the Italian design and engineering company Trilix for €1.85 million.
In 2012, Tata Motors announced it would invest around 6 billion in the development of Futuristic Infantry Combat Vehicles in collaboration with DRDO.
In 2013, Tata Motors announced it will sell in India, the first vehicle in the world to run on compressed air (engines designed by the French company MDI) and dubbed “Mini CAT”.
On 26 January 2014, the Managing Director Karl Slym was found dead.
In 2014, Tata Motors introduced first Truck Racing championship in India "T1 Prima Truck Racing Championship".
On 2 November 2015, Tata Motors announced Lionel Messi as global brand ambassador at New Delhi, to promote and endorse passenger vehicles globally.
On 27 December 2016, Tata Motors announced the Bollywood actor Akshay Kumar as brand ambassador for its commercial vehicles range.
The company is ranked 226th on the Fortune Global 500 list of the world's biggest corporations as of 2016.
On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata Group.
On 8 March 2017, Tata Motors announced that it has signed a memorandum of understanding with Volkswagen to develop vehicles for India's domestic market.
On 3 May 2018, Tata Motors announced that it sold its aerospace and defence business to another Tata Group Entity, Tata Advanced Systems, to unlock their full potential.
On 29 April 2019, Tata Motors announced a partnership with Nirma University in Ahmedabad to provide a B.Tech. degree programme for employees of its Sanand plant.
On 24 March 2020, Tata Motors Ltd announced that it would spin off its passenger vehicles arm as a separate unit within the company.
On 5 March 2021, Tata Motors’ shareholders approved hiving off its passenger vehicles business into a separate entity.
On 23 August 2021 Tata Motors announced it will launch its mini SUV Punch in the ongoing festive season.
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Tata Motors competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Hino Motors Manufacturing Usa, Inc. | - | $161.5M | 64 | 2 |
| Motiv Power Systems | 2009 | $4.6M | 88 | 2 |
| Mahindra Automotive North America | - | $46.7M | 598 | 1 |
| Lucas TVS | 1961 | $65.4M | 3,000 | - |
| Sml Isuzu Ltd. (foremly Known As Swaraj Mazda Ltd.) | - | $2.7B | 959 | - |
| Pratt & Miller Engineering | - | - | - | - |
Tata Motors history FAQs
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Tata Motors may also be known as or be related to Tata Engineering and Locomotive Company Ltd. (TELCO), Tata Motors and Tata Motors Ltd.