Tata Motors has acquired Japanese auto giant Nissan’s Pretoria-based manufacturing plant for an undisclosed amount.
What will stop Tata’s frenzy? After unveiling the Nano, buying Jaguar and Land Rover from Ford, the Indian carmaker has bought Nissan’s South African plant as part of an ambitious plan to manufacture its models in its important export markets. At this stage Tata hasn’t confirmed whether it will use this South African unit to manufacture trucks and cars like Indica and Indigo
“South Africa is a major market for us and we cater to a number of markets like Tanzania, Zimbabwe, Malawi, Namibia, Mozambique, Uganda and Ghana,” said Tata Motors ED, commercial vehicles, Mr Telang.
Little by little, The Indian carmaker spins its web around the world by acquiring existing assets that other carmakers don’t want anymore. Ford wanted to sell Jaguar and Land Rover because of its financial situation. The Nissan plant had been unused for a while and the Japanese was happy to find a buyer. Maybe, they will regret their decision one day or maybe they hope that Tata will get into trouble by buying too much.
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