Stellantis Rules Out Near-Term JLR and Tata Europe Tie-Ups
Stellantis will not expand JLR and Tata partnerships to Europe. Europe chief Emanuele Cappellano said the firm is focused on ventures in the U.S. and India.
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STELLANTIS NV will limit its new partnerships with Jaguar Land Rover and TATA MOTORS LTD /NEW to the United States and India. Europe chief Emanuele Cappellano confirmed on Friday morning that expanding these joint ventures to Europe is not a priority. Investors are monitoring how the automaker will source technology for its premium European brands without these global partners.
