Rochester,NY 7/11/2009 10:45:03 PM
Week End Stock Report - TTM - Panasonic Reaches Wide -- and Low -- With Appliances for Emerging Market - Sourced WhisperFromWallStreet.com
Tata Motors Ltd.
Week End Stock Report - TTM - Panasonic Reaches Wide -- and Low -- With Appliances for Emerging Market - Sourced WhisperFromWallStreet.com
Tata Motors Ltd. TTM
Panasonic Corp. wants a bigger share of sales in developing markets, but knows that its $1,200 large-screen plasma-display TV sets and $3,000 nanotechnology refrigerators are beyond the reach of low-wage families.
So the company is planning a new line of offerings that could include TVs for $50, air conditioners for $100 and washing machines in the $200 range -- but reaching those prices means offering scaled-down models that lack many of the features typically found in such products.
Last Trade: 7.77
Day's Range: 7.54 - 7.89
52wk Range: 3.05 - 11.00
Volume: 894,081
ABOUT - Tata Motors Ltd.
TATA MOTORS LIMITED manufactures commercial and passenger vehicles primarily in India. It offers passenger cars; multi-utility vehicles; and light, medium, and heavy commercial vehicles, including mini-truck, light two-tonne truck, heavy dumpers, and multi-axled vehicles, as well as high horsepower vehicles for dump trucks, tractor-trailers, mixers, and cargo applications. The company also provides passenger buses in the light, medium, and heavy segments, such as Magic, a four-wheeler public transport developed on the Ace platform; and Winger, a maxi-van. The company, through its subsidiaries, also engages in the provision of the construction equipment, engineering solutions, supply chain management, after-market operations, and software operations; manufactures a range of machine tools; and gearboxes and axles for heavy and medium commercial vehicles. In addition, TATA MOTORS provides automotive retailing and services, as well as financing for the vehicles sold by the company.
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