Indian car producer Tata Motors strengthens its position in the South Asia market. At the moment the company is in talks with the biggest Philippine car distributers Philipinas Taj Autogroup Inc. According to the Tata Motors’s representatives, the first cars are planned to appear on the Philippine islands by the end of 2017, however, there was no word on car models that will be exported. Besides the Philippines, Tata Motors is also planning to enter other markets, including Thailand, Indonesia, Vietnam and Malaysia.
During the last month, Tata Motors shares rose 4,8% and continue its active growth. The trade will be available during European session from 3:45 to 10:15 GMT.
The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions