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CRI 31 rising Tata motor company is India's largest truck manufacturer, to cut costs and expansion in the emerging market for luxury brands automobile sales, Tata plans in China to build Jaguar Land Rover SUV uses car. Tata CEO Carl ・ foster ・ Peter (Carl-Peter Forster) today in London News Conference, Tata will Chinese began to build Jaguar Land Rover , both branded end at 4 million. Foster at the press conference did not give a specific date.

Like luxury brand BMW companies and Daimler AG, the Tata company Division of Jaguar Land Rover will China-the world's fastest growing major economy ― as the increase in corporate income in important markets. In accordance with TML website data show that in the past due to this year's March 12 months, sold 208197 Jaguar Land Rover, 8% of sales came from the Chinese market. Foster said that "China is a growth market. We also need to implement the growth of global markets, including China, Europe, South Africa, South America and other regions. ”

Tata in 2008 spent billion from motor company-Ford bought Jaguar and Land Rover. Tata company located in Mumbai, has acquired United Kingdom luxury car brand, trucks and buses in India's sales volume has increased, and the company streamlines Jaguar Land Rover labor resources and cut costs, achieve fiscal year on a pre-tax profit. Tata Motors in Mumbai's share price increased by 1% to 749.5 rupees. This makes this stock price drop from 6.3% reduction to 5.3%, Tata company's market value appraisal for 4125 billion rupees (about 89 million). Jaguar Land Rover aim at emerging markets, India, opening up more space for display and establish a sales company in China. The Chinese market in the 2009 March 10-month transitional period, sales for 8821 vehicles, and the following year, sales have doubled. Foster said that the company will find good partners and appropriate location, and then make a decision. In this way, established companies will need one to two years.

Foster said that the company is in the "year-month" decision in the United Kingdom of two plant sponsorship remain open as the company's integrated production base. One of the two factories located in the Castle Bromwich , Jaguar XJ (Gallery Forum) and XK (Gallery Forum) models here was born, and another at Solihull, the production of Land Rover SUV factories. Former General Motors Europe Division President, foster says, "an efficient factory will be longer than the two little plant yield even greater. Even if it is possible to close one of them, we wish to improve productivity, increase job opportunities. ”

(Grasp)