Jaguar & Rover on profits since 2005 – Thank you TATA
Since its launch in India almost a couple of weeks ago the demand was also tremendous for both the variants, B Krishnan, Vice-President, Commercial, Passenger Car Business unit, Tata Motors told us
Krishnan, here to inaugurate a new passenger vehicle dealership, said that the car industry, despite a global slow down, was growing at eight per cent and sustaining momentum in India.
Though there was a decline of half a per cent in April and May, the industry started picking up from June-July, he said.
Krishnan said that the new Indigo series is expected to launch in the 3rd quarter of this financial year and also said that Tata’s would now launch Indica electric in UK & European markets.
They have reportedly celebrating behind the curtains as we understand that over 6000 units of Rovers and Jags have been booked. This only means one thing for Tata, good times for Rover and Jaguars are back.
This entire saga on Tata’s ambitious plans for expantion may really start attracting the largest manufactures of Auto industry to team up. The growth rate that has been witnessed over last quater alone surpases Toyota and Ford combined, to make it worst for all manufacturers Tata’s are yet to launch Nano “The common mans car”
