Tata Motors on launch spree soon, Safari Storme to be the first
Tata Motors has been the third largest car maker in India and is very optimistic about its Jaguar Land Rover brand as well. Tata cars including Tata Indica, Tata Indigo and Tata Nano are doing extremely well in their respective segments specially when Maruti Swift and Maruti Swift Dzire were out of production for some time. These are some of the reasons why one should be bullish on Tata Motors share in the Indian stock market. Equally, the car maker is about to launch the Tata Safari Storme which is in all probability be a hit in the Indian car market.
Meanwhile, Tata also maintains its robust presence in the commercial vehicle segment with the best selling Tata Magic small passenger vehicle. In addition to the car maker also witnesses a steep improvement in sales of JLR cars in China and recently the market has become a major contributor to the JLR sales. It is said that in China, Tata were able to fetch response after they started giving discounts on the Land Rover Range Rover
V6 and V8 models. The company hopes to ignite fresh demand this Diwali after it launches the new mode of Range Rover. It is also believed that the car maker is undergoing an agreement with Chery and after that it will be producing over 1 lakh Land Rover Range Rover Evoque
, Land Rover Range Rover Freelander
and Jaguar XF
The launch of seven seater Freelander next year is also believed to give a push to the volumes and could be the second largest car sold by JLR after the Evoque. In addition to it, the Jaguar F Type, new Jaguar XF and the Jaguar CX-16
all indicate a bright future of the Tata owned British car maker. Meanwhile, even after a weakness in Europe, the US and Brazil markets remain stable and India, China are emerging as the best markets for the car maker. In the passenger segment in India, the car maker is all set to launch Tata Nano CNG, new Indica Vista and new Tata Indigo Manza
. There are confirmed reports that the car maker is also all set to launch an altogether new hatchback this year.