Here’s another sign of the shuffling that is happening in the auto industry. Tata Motors ($9 billion USD in 2007) introduced both the Jaguar and Land Rover in India this past week, bolstering the high end luxury market offerings there.
They are challenging the German auto makers who have the strongest presence in that market. Tata is aggressive at a time when their financials have been strained. And they are selling into the teeth of these tough economic times.
Tata Motors ranks as the 9th largest firm in India in the Global 5000