Wednesday, October 9, 2024

The Indica story: Behind Tata's buyout of iconic JLR, an old tale of humiliation

Tata Motors considered selling its passenger vehicle division, including Tata Indica, to Ford Motors in 1999 after a tough initial year. During a humiliating meeting in Detroit, Ford criticised Tata. In 2008, Tata Motors turned the tables by acquiring Ford’s Jaguar Land Rover, later leading a major turnaround of the iconic brand.

from Auto-Industry-Economic Times https://ift.tt/pPoj9bn
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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...