Monday, March 4, 2024

Tata Motors to split into 2 listed companies

While the commercial vehicle business and its related investments will be housed in one entity, the passenger vehicle business (PV), electric vehicles, JLR and its related investments will form another entity "as there are limited synergies" between the two, the company said in a stock exchange filing on Monday.

from Auto-Industry-Economic Times https://ift.tt/PU542n7
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Michelin to roll out locally-produced PV tyres this year; aims to ramp up portfolio

French tyre giant Michelin plans to start production of passenger vehicle tyres from its Chennai facility this year. The company is investin...