TATA Motors is the world's fifth largest medium and heavy commercial vehicle manufacturer, and the second largest medium and heavy bus manufacturer. In 2005-2006, it posted revenues of USD 5.5 billion. Recently, it acquired Daewoo Commercial Vehicles Company, Korea (trucks). This was followed by a 21% stake acquired in Hispano Carrocera, Spain (bus and coach manufacturer) and a joint venture with Marcopolo, Brazil (bus and coach body-building). These acquisitions have made TATA Motors a truly international automobile manufacturing company.
Today over 4 million TATA Motors vehicles ply on Indian and foreign roads.