Stellantis, Tata Motors Passenger Vehicles to develop vehicles in India
STLA•Stellantis and Tata Motors Passenger Vehicles will develop vehicles for more than 50 global markets and manufacture them in India, expanding a relationship that has focused on manufacturing.
1. Expanded partnership
The companies said they will jointly develop vehicles for more than 50 global markets and manufacture them in India. The agreement expands a relationship of more than two decades that has so far centered on manufacturing through their 50:50 Fiat India Automobiles joint venture.
2. Development collaboration
Stellantis will combine Tata Motors Passenger Vehicles’ vehicle architecture and technologies with its own engineering and product-development capabilities to develop vehicles for international markets. The agreement follows a February pact to explore cooperation in manufacturing, engineering and supply chains.
