Cooperation talks between Volkswagen Group and Tata Motors about joint development of a vehicle for emerging countries have ended amicably, the companies stated. The collapse of the talks is another blow to the German automaker efforts to develop a low-cost vehicle platform for Asian countries, after a past alliance with Suzuki Motor likewise fell apart.
Tata Motors has announced the finalizing of a Memorandum of Understanding (MoU) for a long-lasting collaboration with Volkswagen Group and Skoda Auto, to check out tactical alliance opportunity for joint advancement of products. The contract has been signed by Guenter Butschek, CEO & MD of Tata Motors, Matthias Mueller, CEO of Volkswagen AG and Bernhard
Tata Motors has unveiled Racemo sports coupe at the Geneva Motor Show as the first product under the automaker’s TAMO sub-brand. Developed at the Tata Motors Design Studio located in Turin, Italy, Racemo is a two-seater sports concept that declares to have a 0-100 km/h in simply six seconds. In order to accomplish such a
Indian automaker Tata Motors stated it was set to launch the first vehicle under its new TAMO brand next month, with the brand name targeted at testing new technologies and allowing the automaker to become more responsive to changing market patterns. “This is about evidence of concept … about bringing new technologies and concepts quickly
Constrained by the Companies Act, India’s greatest automaker, Tata Motors, is looking for approval from the central government for the salary plan finalized for its recently selected managing director Guenter Butschek. The Tata Motors management authorized an annual 2016-17 pay of Rs 27.24 crore ($4,075,256) to the previous Airbus executive who joined the Mumbai-based automaker