Sunday, June 2, 2024

Demerger of biz to help commercial vehicle business capitalise on opportunities globally: Tata Motors

Tata Motors is planning to demerge its commercial vehicle (CV) and passenger vehicle (PV) segments into two separate listed entities to better capitalize on global growth opportunities. The CV business and related investments will be housed in one entity, while the PV business, including electric vehicles (EVs), Jaguar Land Rover (JLR) and its related investments, will come under a separate listed entity.

from Auto-Industry-Economic Times https://ift.tt/On0qUNk
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