Jaguar in Talks With China’s Chery for Car Venture, Times Says
Tata Motors Ltd. (TTMT)’s Jaguar Land Rover is in talks with China’s Chery Automobile Co. to set up a venture to build vehicles in the Asian nation, the Sunday Times reported, without saying where it got the information.
The companies have applied for regulatory clearance to set up the partnership and aim to announce a deal by the end of April, the newspaper said.
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