Strategic & Financial Objectives of TATA Motors,Intel Coorparation and Lufthansa
Tata Motors has agreed on a joint venture with Chery Automobiles in China for Jaguar Land Rover. China has been formalised to develop, manufacture and sell certain Jaguar and Land Rover vehicles and jointly branded vehicles for the Chinese market -Strategic Objective The Tata Motors Group employed 62,716 permanent employees (previous year: 58,618 employees) as of the year end out of which 56,393 employees were engaged in automotive operations. increase over last year was mainly at Jaguar Land Rover in of volume and product development activity. The Company employed 29,965 permanent employees (previous year: 29,217 employees) as of the year end. The Tata Motors Group has generally enjoyed cordial relations with its employees and workers.-Strategic Objective Sales in the LCV segment continued to drive performance,growing by a 21.8% during the year to 3,93,468vehicles. Market share in the LCV segment expanded by 200 basis points registering a 62.2% market share inFY 2012-13. The Company has grown and consolidated itsposition in the LCV segment, leading to expansion of themarket share, especially in the Ace Segment. Sales of theTata ACE reached highest ever at over 3,25,000 during FY 2012-13. The Tata Ace family crossed 10,00,000 salessince its launch. During this year, the Company launched ‘Tata Xenon’, a stylish and rugged pick-up, bothsingle cab and dual cab versions, with best in class looks,operating economies and fuel efficiency – Financial Objective During the year, the Company’s Passenger Vehicles sales were lower by 31.1% at 2,29,325 vehicles, registering an 8.9% market share. The Company sold 1,80,520 cars and 48,805 utility vehicles and vans, lower by 34.6% and 14.4% respectively, over the previous year- Financial Objective
As a part of the company's R&D departments effort,Intel started to manifacturing 22mm Tri-gate transistor...
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