#TATA

Batteries

Mahindra Partners with Integrated EV Platform Developer for Commercial Vehicles

Ree Automotive’s wheel module helps reduce the size and weight of skateboard platforms

Economics

U.K. to JLR: No Special Bailout for You

Carmaker gets the cold shoulder from British government over pandemic aid

JLR Taps Ousted Renault Boss Bollore as New CEO

Speth to stay on as non-executive vice chairman

Economics

Coronavirus Auto Industry Roundup: June 5

More plants open, but others are targeted for closure

Business

JLR Begs CEO to Save the Day, Again

A plea to help the company survive the coronavirus pandemic

Production

Kia Threatens to Scrap 2-Month-Old Factory in India

$1.1 billion facility could be relocated in the country

Sales

Vietnam Carmaker Takes Aim at U.S.

Vietnam’s first local carmaker, 2-year-old VinFast, aims to do something no Chinese OEM has yet accomplished: launch sales in the U.S.

Business

JLR Chief Welcomes Alliances, Rules Out Merger

Jaguar Land Rover CEO Ralf Speth reiterates that the company would welcome alliances on technology and components but doesn’t need a merger partner.

Business

Report: Tata in Talks about JLR Sale

India’s Tata Group has made overtures to other carmakers—including BMW AG and Geely—about divesting at least part of its struggling Jaguar Land Rover Ltd. unit, sources tell Bloomberg News.

Economics

JLR Revives with 3Q Pretax Profit

Jaguar Land Rover Ltd. returned to pretax profit in the third quarter as a richer product mix generated more revenue on fewer unit sales.

Business

Tata Would Consider a Partner for JLR Unit

The head of the Indian conglomerate that owns Jaguar Land Rover Ltd. tells Bloomberg News that he won’t sell the unit but is will to consider partnering the business with another carmaker.

Sales

Car Sales Continue to Plummet in India

India’s top-three carmakers are reporting another round of double-digit sales declines for September, the eighth consecutive month of shrinkage.

Sales

New-Car Wholesales Plummet 41% in India

Factory shipments of new cars in India plunged 41% to a “very dismal” 115,000 units in August, according to final figures from the Society of Indian Automobile Manufacturers.

Assembly

Tata Motors to Continue Sales in Thailand

India’s Tata Motors Ltd. says it will continue export trucks to the Thai market after shutting down local assembly operations there at the end of March.

Electronics

Forster to Chair Hella’s Shareholder Committee

Lighting and electronics supplier Hella GmbH & Co. plans to name industry veteran Carl-Peter Forster to chair its shareholder committee, effective Sept. 27.

Sales

Tata Braces For Sharp Sales Drop in India

India’s Tata Motors Ltd. has warned suppliers that its domestic passenger and commercial vehicle operations each may see sales drop by double digits through next spring.

Hybrid

India Offers to Lease EVs to Taxi Fleets

Red tape is slowing India’s plan to put 10,000 electric vehicles into government fleets, so the country hopes to lease some of the backlogged EVs to taxi operators instead.

Economics

Losses Deepen for Tata Motors and JLR Unit

Net losses at Tata Motors Ltd. nearly doubled to 37 billion rupees ($536 million) in the Indian company’s fiscal first quarter ended June 30.

Electronics

BMW, JLR Team Up on EV Parts

BMW AG and Jaguar Land Rover Ltd. have agreed to jointly develop electric motors, power electronics and other components for electrified vehicles.

Economics

JLR Posts $4.2 Billion Loss as Fiscal 4Q Profit Shrinks

Jaguar Land Rover Ltd.’s net profit plunged 56% to £119 million in the final quarter of its fiscal year ended March 31.

Business

Forster Tapped to Advise Israeli Machine Vision Startup

Longtime industry veteran Carl-Peter Forster has joined the advisory board of VayaVision Sensing Ltd., an Israeli developer of autonomous vehicle software.

Business

Tata Denies Plans to Sell Jaguar Land Rover to PSA

Tata Motors Ltd. says there is “no truth” in a British media report that the company is poised to sell its Jaguar Land Rover unit to PSA Group.

Sales

Maruti Suzuki Sales Plunge to 7-Year Low

Maruti Suzuki India ltd., the country’s largest carmaker, says its sales in April plummeted 17% to 143,200 units, led by a 20% drop to 131,400 domestic deliveries.

Business

PSA Boss Affirms Interest in Adding Luxury Brand

PSA Group CEO Carlos Tavares he is evaluating all opportunities, including buying or partnering with a luxury brand such as Jaguar Land Rover.