Tuesday, December 31, 2019

Tata Motors hopes to turn the corner in FY21, riding new cars and a low-cost model

In a market where passenger vehicle sales shrank 18% since the fiscal year started in April, Tata Motors’ sales fell 25-30%, as it reduced dispatches to dealerships to help clear inventory at their end as the industry negotiated a slowdown and ahead of the transition to the Bharat Stage-VI emission standards.

from Auto-Industry-Economic Times https://ift.tt/2SGmIQM

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...