|
Tata
Motors looks to sell cars in Malaysia
The Pioneer March
26, 2005
Indias' leading carmaker
Tata Motors is looking into selling passenger
cars in Malaysia, a media report said today. The
automaker already assembles and sells commercial
trucks in Malaysia, but wants to expand sales
to its passenger car line. Initial market surveys
in Malaysia have been positive and "we hope
for something to materialise over next year,"
V Sumantran, the executive director of Tata's
passenger car business unit, was quoted as saying
by a Bernama news agency.
The Malaysian market is
well suited for the company's Indica hatchback
and the Indigo sedan, as well as the Marina compact
station wagon and the Safari four-wheel drive,
Sumantran said in an interview during a recent
visit to Malaysia.
Sumantran said Tata was
also evaluating whether to bring its cars to Malaysia
as completely knocked down (CKU) or completely
built up (CBU) units. 'For instance, when we entered
South Africa, people told us that you can't go
in without being a local assembler. But so far,
we have been going on successfully in South Africa,"
he said.
Tata currently has
a tie-up with local conglomerate DRB-Hicom, which
assembles the Indian company's commercial trucks
here.
|