Executive Director of Commercial Vehicles Business Unit of India’s Tata Motors Ravindra Pisharody poses with newly launched trucks in New Delhi. Tata Motors launched 10 new heavy duty trucks from Prima LX range of Heavu commercial vehicles |
MUMBAI : As part of its explorations in key markets, Tata Motors Ltd is in talks with several automobile companies, including those from China, for opportunities for technological collaborations, a company spokeswoman said in response to a query from Cogencis.
The query was based on a local media report that the Tata group company was in talks with China’s Chery Automobile to buy some of its vehicle platforms.
Separately, on Tuesday, a Chinese newspaper has reported that Chery was in talks to sell platforms of its compact sedans and compact car to raise capital and reduce debt.
Tata Motors’ UK-based subsidiary Jaguar Land Rover Automotive Plc has a partnership with Chery to set up a manufacturing plant in China, which is its single largest market.
Acquiring an existing platform will allow Tata Motors to avoid the lengthy and expensive process of developing
its own. -Cogencis
