HISPANO TO LEAD THE GLOBAL BUS INITIATIVE OF TATA MOTORS  (9/03/2006)

The initiative between Tata Motors, Daewoo Commercial Vehicles and Hispano Carrocera aims to maximize the sinergies through the same collaboration line on design, development and the manufacturing coordination of the whole range of products. Gerardo Múgica, CEO of Hispano, states: " the intention is to maximize efficiency and reliability of operations through the joint development of chassis, bus bodies and complete vehicles."

Despite Hispano´s strategic lines do not envisage the introduction of chassis from Tata in the European market, Gerardo Múgica comments: "our goal is to become the best commercial partner of the European manufacturers Irisbus Iveco, Man, Mercedes, Scania, VDL Daf and Volvo. The order porfolio reaches 1.100 vehicles which will be built on different chassis models of the mentioned brands and will be produced in our two manufacturing plants."

The start up of the project will be signed by the Board of Directors of Tata Motors in the upcoming April. The Managing Director of Tata Motors and Chairman of the Board of Directors of Hispano, Ravi Kant, has delegated to Gerardo Múgica the implementation and development of the platform, and states that " being appointed the leader of this initiative means for Hispano not only a challenge but a great honor. In any case, our priority is to generate excellent economic results from our current manufacturing plants."

Product Presentations in Auto Expo New Delhi 
In the 8th edition of Auto Expo in New Delhi, Tata Motors showcased two prototypes entirely developed by Hispano with the aim of covering the increasing transport demands in India.

During the presentation last January, Mr. Múgica declared: "Hispano plays a relevant role as a catalyst on the introduction of European standards in the indian region. Low floor access, structures prepared for roll-over, accessibility for disable people and avant garde design are concepts which are increasingly demanded by the main transport operators in India"

The tourist coach GLOBUS, presented during the event last January, will be positioned in a new segment of luxury vehicles within the indian market. Tecnologically, this prototype has been conceived from the DIVO model, currently commercialized in European markets, althought the GLOBUS has been re-styled according to the indian market needs.

At the same time, Tata Motors showed two semi-finished modules of the new generation of urban buses. These prototypes are based on the Habit model of Hispano which was designed by the prestigious Studi Pininfarina.

The presentation of these two products and the launch of the new global initiative, reinforce the clear intention of Tata Motors to jointly develop the global bus market. In this sense, Mr. Ravi Kant stated this month that " our main goal is to help Hispano hit the market and boost its capabilities to reach the first line in the global industry ".

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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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