Tata PV to get a new partner, probably Chinese this time
Tata Motors will be embarking on a new journey to resurrect its local passenger vehicles business almost lying in shambles in the highly competitive home market, where constant reverses are much more than any laurels achieved so far. While its long time Chinese partner Chery is the frontrunner to revive this sagging business, ETAuto scrutinises the multiple Chinese probables currently under diligence of Tata Motors after it has carved out a new subsidiary of the PV business to be fully functional on a standalone basis to revive it in the last bit ambit to combat rising competition in the home market.
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