Tata Motors Promotion
Tata Motors Promotion
Tata Motors Promotion
SUBMITTED TO-
PROF. SHALINI SRIVASTAVA
SUBMITTED BY –
History
Type Public BSE: 500570
(NYSE:TTM
Founded 1945
Founder(s) JRD Tata
Headquarters Mumbai, India
Key people Ratan Tata, Chairman
Products Automobiles
Engines
Land Rover
TDCV
Hispano Carrocera
Tata Motors is a part of the Tata Group manages its share-
holding through Tata Sons. The company was established in
1945 as a locomotive manufacturing unit and later expanded
its operations to commercial vehicle sector in 1954 after
forming a joint venture with Daimler-Benz AG of Germany.
Despite the success of its commercial vehicles, Tata
realized his company had to diversify and he began to look
at other products. Based on consumer demand, he decided
that building a small car would be the most practical new
venture. So in 1998 it launched Tata Indica, India's first
fully indigenous passenger car.Designed to be inexpensive
and simple to build and maintain, the Indica became an
instant hit in the Indian market. It was also exported to
Europe namely the UK and Italy. Since then it has never
looked back. In 2004 it acquired Tata Daewoo Commercial
Vehicle and in late 2005 it acquired 21% Aragonese Hispano
Carrocera giving it controlling rights of the company. It
has formed a Joint Venture with Marcopolo of Brazil and
introduced low-floor buses in the Indian Market. Recently
it had acquired British Jaguar Land Rover (JLR) business,
which also includes Daimler and Lanchester brand names.
Brief History
ØTata Motors provide many innovative features to attract car lover. One of
these innovations is the Tata Safari 4X4 Dicor that has “Reverse Guide
System”. A weather-proof camera is fixed to the rear car to help the driver
while reversing the car.
Pricing Strategy
Place
ØPlace of dealership does play an
important role.
ØThe distribution of vehicle must be in a very systematic
way, from the plant to dealership and to end user.
ØThe two basic aspects of advertising are the message (what you
want your communication to say) and the medium (how you get
your message across).
(4) Publicity
Introduction:
ØTata Motors recently launched the new generation Indica Vista. The best
selling car from Tata Motors has become even better with a new look and a
new positioning.
ØTata Indica was launched in 1998 and has sold more than 9 lakh cars so
far. It is the second largest selling car trailing Maruti Alto. Indica is a classic
example of managing product life cycle efficiently.
Growth:
ØFrom a shaky start, Indica has come a long way. Written off by
many skeptics as Ratan Tata's unachievable dream, Indica has
proved skeptics wrong by selling huge numbers.
ØThe new launch is yet again another proof of the company's resilience.
Maturity:
ØIndica Vista is Tata's entry into the luxury hatchback
segment.
ØIndica Vista replaces seven variants of the original Indica V2.
Over the last few months, the sales of Indica was showing a
decline.
Decline:
ØThe new Indica Vista comes in the price range of Rs 3.50 - 4.50
lakh price range.
ØThe new Indica Vista is more curvy and looks pretty cool .
But not as sexy as its competitors like Swift or Getz.
Thanks
you