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Stock impact report

Tata Motors to use new $1 bln plant to make Jaguar Land Rover cars, sources say [Reuters]

Tata Motors Ltd Tata Motors Limited (TTM) 
US:NYSE Investor Relations: tatamotors.com/investor/volumes
Company Research Source: Reuters
to build in the southern state of Tamil Nadu, two sources with direct knowledge of the plans said. Tata Motors announced plans to invest in a new plant in Tamil Nadu in March but did not give details on which models would be manufactured there. The sources were not authorised to speak to media and declined to comment. It was not immediately clear which JLR models will be built at the factory. Tata Motors, which acquired JLR in 2008, said it did not comment on what it called speculation. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. Reporting by Shivangi Acharya, Aditya Kalra and Aditi Shah; Editing by Edwina Gibbs Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab Aditya Kalra Thomson Reuters Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's Show less Read more
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