Tata Motors May Enter Joint Engine Development Program With Jaguar Land Rover

Tata Motors May Enter Joint Engine Development Program With Jaguar Land Rover
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Today, a report was released regarding the possibility of Tata motors entering a joint engine-development program with Jaguar Land Rover. Tata is currently India’s leading automaker by sales, and presently obtains engines from Jaguar and Land Rover models from the brand’s previous owner, Ford Motor Co. Tata feels that the joint engine-development program would allow… Continue Reading...

Mahindra Acquires Bankrupt Automaker Ssangyong

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Mahindra Acquires Bankrupt Automaker Ssangyong
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India’s Mahindra has nearly completed a purchase of Korean carmaker circus freakshow Ssangyong, maker of the world’s ugliest vehicles. “We give the takeover candidate (Mahindra and Mahindra) an exclusive right for negotiation, and won’t be involved in any takeover-related activities with a third party,” Ssangyong said in a statement. Financial terms were not announced but… Continue Reading...