Tata Motors Ltd, maker of the world's cheapest car, is turning to China to buy vehicle parts that are unavailable in India as it tries to offer automatic-transmissions vehicles at home, said Ratan Tata, company chairman.
The maker of trucks, sedans and utility vehicles may benefit from the "unbelievable" prices being offered by Chinese component makers, Tata, who will step down as head of the company in December, said in an interview with the TV journalist Charlie Rose.
The company plans to buy sub-assemblies, which including automatic transmissions, from China, he said.
China Daily - Agencies
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
