Tata, Volkswagen and Skoda Agrees on MoU for joint development projects

Bernhard Maier, CEO of Skoda Auto, Matthias Müller, CEO of Volkswagen AG and Guenter Butschek, CEO & Managing Director of Tata Motors

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 defends plans for $1,500 worth Nano car

Tata Motors safeguarded its method for producing the $1,500 Nano Although Tata Motors avoided talking about the loss-making automobile’s future, after the corporation’s ousted chairman stated there were emotional factors for not closing down production. Automaker provided the declaration to the stock market late Friday after an internal letter by ousted chairman Cyrus Mistry stated […]

Tata may find dismissing Mistry easier than his allegations

Ratan Tata might have discarded Cyrus Mistry as chairman of his 148-year-old household empire, however will discover it more difficult to expunge the ex-manager’s allegations that his acquisitive practices and absence of focus on returns have actually damaged billions of dollars in investor worth. Tata Sons turned down the allegations of Mistry as unwarranted. Mistry […]