The electric vehicle division of Tata Motors received a $1 billion investment from private equity firm TPG on October 12, 2021. Tata Motors has joint ventures with Stellantis that produce automotive parts and automobiles with the Fiat Chrysler and Tata brands, as well as a joint venture with Hitachi that manufactures construction equipment. The two main subsidiaries of Tata Motors are the South Korean commercial vehicle producer Tata Daewoo and the British luxury car manufacturer Jaguar Land Rover (which produces the Jaguar and Land Rover automobiles). Since the firm created it for the 2008 acquisition of Jaguar Cars and Land Rover from Ford, Tata Motors has served as Jaguar Land Rover’s parent company. In 2004, Tata Motors purchased Daewoo Commercial Vehicles Company, a South Korean maker of trucks. The Tata Nano, the world’s cheapest car, was introduced in 2008. Tata introduced the Indica, the world’s first wholly indigenous Indian passenger automobile, in 1998. Tata Motors became the first Indian company to build a competitive domestic automobile when it introduced the TataMobile in 1988, followed by the Tata Sierra in 1991, and so entered the passenger vehicle market. In 1954, the business produced its first commercial vehicle as part of a partnership with Daimler-Benz AG that lasted until 1969. The business was established in 1945 as a producer of locomotives and was formerly known as Tata Engineering and Locomotive Company (TELCO). The company manufactures passenger cars, trucks, vans, buses, coaches, luxury, and sports automobiles. Tata Motors is a manufacturing company that is a part of the Tata Group with its headquarters in Mumbai, India. Interested in how we think about the markets?.What is the market cap of Tata Motors Stocks ?.Who are the peers of Tata Motors Share ?.What are the key metrics to analyse Tata Motors Share Price?.What is the 52-week high and low of Tata Motors Share ?.What is Tata Motors share price and what are the returns for Tata Motors share ?.
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