|Released on 23 Jul, 2013|
Tata Motors Ties up with Fusion Automotive to Enter Australian Market
Tata Motors, India's largest automotive player and the world's fourth largest truck and bus manufacturer, today announced its entry into Australia, under a new independent distributor, M/s Fusion Automotive Pty Ltd. Australia. The latter will have exclusively marketing and distribution of the Tata Motors brand in Australia.
Through Fusion Automotive Pty Ltd., Tata Motors will introduce a range of light commercial vehicles, in both the 4x2, 4x4, single and crew-cab variants, with Euro V Turbo diesel engines.
Mr. Karl Slym, Managing Director, Tata Motors, said, "We are very pleased to announce our entry in Australia and this marks an important milestone in the continued expansion of our global footprint. As we launch products tested and validated across some of the toughest terrains into the Australian market, we are happy to partner with the Fusion Automotive, who bring to table their tremendous insights for this market".
Mr. Darren Bowler, Managing Director, Fusion Automotive Pty Ltd., Australia, said, "We are extremely pleased and proud to be the newly appointed distributor for Tata Motors in Australia. The vehicle range, starting with light commercials, will be competitively priced and will offer a greater level of value than what is available in the current market. There is no tougher place on earth to test vehicles than on some of the toughest and most demanding roads across India, and we believe that gives us a competitive advantage with the range of Tata Motors products"
He added, "The light commercial segment is now the third largest segment of the Australian new-car market, with 13 major brands in the 4x2 and 4x4 categories. We believe there is demand in Australia for a utility range of vehicles with the toughness and value for money equation that Tata Motors products deliver" he said.
Fusion Automotive plans to appoint dealers across Australia with the estimated size of the dealer network being at 13 by the end of the year. There are further plans that Fusion Automotive will be expanding the network across Victoria, New South Wales, Queensland, South Australia and Western Australia over the next 12 months to about 25 dealers.
About Fusion Automotive
Fusion Automotive is a progressive company established to redefine vehicle distribution throughout Australasia. Based in Melbourne, Victoria the team collectively has over 100 years of automotive experience across OEM, distribution, wholesale and retail sectors within industry.
About Tata Motors
Tata Motors is India's largest automobile company, with consolidated revenues of Rs. 1,88,818 crores ($ 34.7 billion) in 2012-13. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 7.5 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top in passenger vehicles. It is also the world's fourth largest truck and bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, CIS and Russia.