MUMBAI: Tata Motors, maker of the world’s cheapest car, is turning to China to buy autoparts unavailable in India as it seeks to offer vehicles with automatic transmission at home, chairman Ratan Tata said.
The maker of trucks, sedans and utility vehicles may benefit from “unbelievable” prices at Chinese component makers, Tata, who will step down as head of the company in December, said. The company will buy “sub-assemblies” including automatic transmissions from neighboring China, he said.
Pic shows the current Chery QQ3 testing in India. Chery and Tata talked about a joint venture for building Land Rover and Jaguar in China. This plan has yet come to nothing, talks however are still going on. There seems to be more progress the other way around. Chinese press reports that Tata and Chery will set up a joint venture in India, to produce Chery’s for the Indian market, sold under the Tata-brand. First up will likely be the current Chery QQ3 (not the new one).