Tata Motors working on automatic transmission for its range of vehicles
Last Updated at
- 02:21 pm, July 10, 2012
The Indian automaker is turning to China to source auto transmission parts.
Tata Motors has announced that the company is approaching the Chinese market to source parts, that are unavailable in India. The Chairman of Tata Motors, Ratan Tata said that the move is being considered so as to to build and sell vehicles with automatic transmission in India.
Tata has a wide range of trucks, sedans and Utility Vehicles (UV) in its product portfolio and is likely to benefit from the ‘unbelievable’ prices offered by the Chinese component makers. The Chairman of the company further said that the auto maker will also buy ‘sub-assemblies’ along with the automatic transmission kits.
"Sourcing from China would be the only way forward for Tata given that an Indian supplier may not be willing to build something like an automatic transmission unless the volumes were high enough," said Deepesh Rathore, managing director of IHS Automotive in India.
Tata Motors' domestic business doesn't produce any automatic transmission vehicle, according to its website while Maruti Suzuki offers five automatic variants of the 15 it sells. Hyundai Motor, the country's second-largest carmaker, offers the technology on most of its eight models.
First Published on 02:21 pm, July 10, 2012
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