Mr Ravi Kant and Mr. Gerardo Múgica unveil future plans of the Hispano-Tata Motors tie-up at Busworld Kortrijk  (21/10/2005)

In a Press Conference held today at the stand of Hispano Carrocera, the Chairman of the Board of Hispano Carrocera and Managing Director of Tata Motors Ltd, Mr. Ravi Kant, disclosed the key advances of the Strategic-Alliance announced last March 2005. Mr. Gerardo Múgica, CEO of the Spanish company, presented the re-styled version of the DIVO Touring Coach that was showcased as a premiere in the exhibition.Hispano Orbit Bus in Tangeirs

Busworld Exhibition, which is being held in Kortrijk (Belgium) from October 21-26, 2005 at the Kortrijk Xpo Centre, is the largest and oldest specialized event of the Bus & Coach industry. At the booth 110 of Hall 1, with close to 300sqm., Hispano is presenting its latest product range for the Passenger Transport Industry.

In the press conference, and speaking about the recently announced strategic alliance between Tata Motors and Hispano Carrocera, the Managing Director of the Indian Company stated that "This 21% stake in Hispano is not a simple financial investment but a marriage focused on reinforcing both companies. This alliance will benefit both the companies. Hispano will continue to build buses and coaches on chassis specified by customers. We've recently won an order for 800 Habit buses to be built on Iveco chassis.

Mr. Gerardo Múgica, speaking also on the occasion, confirmed that the new manufacturing facility in Casablanca will start operations next January. Hispano Carrocera Maroc is moving its activities from a 7,500 sqm plant to a 160,000 sqm. The investment plant of Hispano amounts to more than 20 million Euro, converting this factory in one of the most innovative bus manufacturing facilities in North Africa. The overall production capacity of Hispano now will be increased to 4,000 units a year.

Presenting a re-styled evolution of the DIVO Touring Coach, Mr. Gerardo Múgica described the 255th unit imported by Petros Petropoulos in Greece. "This first re-styling applied to the product features also several technical innovations aimed to provide superior economic results for the Transport Operators. Its outstanding drag coefficient of CX: 0.349 dramatically reduces fuel consumption and noise, while increases vehicle's stability on the road".

Also in the exhibition, Hispano showcased a habit Low Entry for suburban applications. The habit urban & suburban body has sold more than 2,000 units to date and can be found in such remote places such as Venezuela or Singapore.

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Hispano Carrocera is one of the largest bus and coach bodybuilder in Europe and North Africa. With manufacturing plants in both continents, exports over 50% of its total production to close to 60 countries worldwide. Last 16th March 2005, signed an Strategic Alliance with Tata Motors of India, the world's fifth largest medium and heavy commercial vehicle manufacturer, to strengthen its position in the global bus industry.

For further information, please contact:

Gustavo A. Marqueta-Siibert Larrayad
Manager, Strategy & Corporate Communications
HISPANO CARROCERA, S.A.

Gustavo.marqueta@hispano-net.com
Tel. +34 976 720 500
Mob. +34 669 772 392

 

 

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