Thursday, April 15, 2021
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Featured

Tata denies talks with PSA for possible alliance

by indiandrives
in Featured, Latest News
0 0
0

Indian automaker Tata Motors have denied reports that suggests that the auto giant is in talks with the French peer PSA Peugeot Citroen for a possible alliance.

Tata Spokesman Debasis Ray told the reporters that the news is absolutely incorrect.

Earlier German magazine Manager had reported that the Peugeot Chief Executive Philippe Varin is looking for an alternative partner if the partnership of General Motor and its European Opel division fails. A Peugeot spokesman said that they are not going to comment on the numerous rumors that are surrounding the group.

Tata denies talks with PSA for possible alliance
GM and Peugeot has postponed their talks amidst the doubt about the French automaker’s fading finances and government supported bailout.

Peugeot’s share rise about 3.3 percent after the report but most of their gains faded as Tata denied the facts. The stock was at 4.47 euros at 1109 GMT and changed very little until closing on Tuesday.

Tags: Tata Motors denies alliance talksTata Motors denies report on alliance talks with PSA
Previous Post

2013 Chevy BEAT EV heads to 2012 Los Angeles Motor Show

Next Post

Diesel version for Mercedes A class and B class to arrive soon

Next Post

Diesel version for Mercedes A class and B class to arrive soon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

Recent Posts

  • Triumph Trident 660 Launched In India: Priced At Rs 6.95 Lakh
  • Citroen C5 Aircross SUV Launched In India: Prices Start At Rs 29.90 Lakh
  • Latest News From Indian Automobile Industry – Yamaha YZF-R15, Aprilia SXR 125, Triumph Bonneville
  • Top 10 Best Selling Cars In The Month Of March 2021 In India
  • 2021 Triumph Bonneville Range Launched In India; Prices Start At Rs 7.95 Lakh

Categories

Indiandrives.com

© 2020 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • KTM
  • Volkswagen
  • Isuzu
  • Volvo
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2020 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In