Indian automobile giant Tata Motors launched its Tata Ultra 814 range of ultra business utility vehicles in HCM City on Thursday.

The company said it is targeted at meeting the changing customer needs in the light commercial vehicle segment, and claimed it offers "SUV-like comfort with truck-like performance and the profitability of a light commercial vehicle."

Girish Wagh, president of the company's commercial vehicles, division, said: “Tata Motors is committed to shaping the industry here in Viet Nam, with the latest global technologies, giving the Vietnamese customer competitive business advantages with the trusted credentials of the Tata Motors brand.”

Tata said the range comes with heavy-duty aggregates and multiple load-body configurations, and could handle payloads ranging from four to 11 tonnes.

It claimed it offers offers the lowest overall cost of ownership.

The trucks come with a three-year or 200,000km warranty.

They will soon be marketed with the price starting at around VND500 million (US$22,000).

The $45 billion Tata Motors Limited manufactures cars, utility vehicles, buses, trucks, and defence vehicles. It has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through 109 subsidiary and associate companies including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. – VNS