Latest news with #MotusHoldings
Time of India
31 minutes ago
- Automotive
- Time of India
Tata Motors shares in focus as co re-enters South African PV market
Synopsis Tata Motors shares: Tata Motors will re-enter the South African passenger vehicle market after six years, relaunching its car range through an exclusive distribution partnership with Motus Holdings, marking a key step in its global expansion strategy.
The Herald
6 days ago
- Automotive
- The Herald
Tata Motors to relaunch passenger vehicles in South Africa
Tata Motors Passenger Vehicles (TMPV), a subsidiary of Indian carmaker Tata Motors, will re-enter the South African market through a new distribution agreement with Motus Holdings. The company, which sells a range of models in its home market, from compact hatchbacks to SUVs, said on Wednesday that its local line-up will feature segment-leading safety, modern design and competitive pricing. 'South Africa is an important market in our global expansion journey,' said Yash Khandelwal, head international business, Tata Motors Passenger Vehicles Ltd. 'With our class-leading products and a reputed partner in Motus, we are here to offer South African customers a choice of vehicles that are safe, stylish and innovation-driven. We will deliver a distinctive and future-ready mobility experience, backed by attractive pricing, competitive financing and industry-leading aftersales support.' TMPV said its South African range will include SUVs, crossovers and entry-level hatchbacks. All its current passenger models in India have four- or five-star New Car Assessment Programme safety ratings, either from Global NCAP or Bharat NCAP.
