China’s Chery Automobile may enter into alliance with Tata Motors for India JV
Chery Automobile Co. Ltd is in advanced discussions with India’s fourth largest passenger vehicle maker Tata Motors Ltd for a potential alliance.
Since 2012, Jaguar Land Rover unit of Tata Motors and Chery Automobile, which is one of China’s top automakers, have an equal joint venture in China, with a plant in Changshu. Image source: Reuters