Tata Motors and MG Rover Group reaffirm commitment to the City Rover Project
December 20, 2004

Tata Motors and Phoenix / MG Rover Group re-iterated their commitment to the City Rover in the UK and European markets, in a joint press announcement today. The annual business plan review that assessed market dynamics and competitive offerings in the UK market, has led to suitable adjustments, which will contribute to a stronger offering in the marketplace.

The City Rover project will see added momentum with new product versions and entry into new markets. The companies have announced plans for the introduction of Left-hand Drive (LHD) versions that will form the basis of entry into European markets. In addition, the two organisations also confirmed agreement on potential inclusion of the turbo-diesel version of the City Rover.

Rod Ramsay, managing director, MG Rover sales and marketing stated that the City Rover and its new versions will enable the Company to position itself more aggressively in the small car/city car segment in the UK and European markets. The success in this segment would be an important element of the Group strategy, going forward.

Divyendu Kumar, head – international business (passenger cars), Tata Motors said that the City Rover supplies remain a priority for Tata Motors and the company continues to be committed to the overall success of the City Rover Project.