Tata Motors entered the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile. In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008. Tata Motors is listed on the (BSE) Bombay Stock Exchange, where it is a constituent of the BSE
Tata Telcoline 5-seater was launched in 2009. The Xenon has been well received in Europe especially in Spain and Italy Tata Telcoline Tata Telcoline is a pickup truck made by the Indian automaker Tata Motors since 1988. In India it was originally known as the Tatamobile 206 and from 2002 the name was changed in Tata 207 DI. In export market was sold as a Tatamobile or simply Tata Pick Up. Introduced in July 1988, the Tatamobile 206 pick-up (original name used in India) was designed and engineering by Telco (Tata Engineering and Locomotive Company) and was the first light commercial vehicles