Tata Motors insists it is remaining committed to JLR despite the British brands’ 2018 losses .
While PSA’s boss said his company is open to a merger or acquisition, Tata says JLR isn’t for sale.
The Indian automaker showcased both the Altroz as well as the Altroz EV in Geneva.
The Indian conglomerate are indeed trying to find a solution for JLR, but selling it outright is not an option.
The Indian parent company has already devised two plans to return JLR to profitability .
Modern design combined with a Land Rover platform and Fiat diesel engine in one coherent package.
Trade tensions between the U.S. and China, as well as worries about Brexit, have resulted in losses for JLR.
Besides JLR, Ford and Volvo won’t attend the 2019 Geneva Motor Show either.
The Harrier uses the same platform as the Land Rover Discover Sport, Jaguar E-Pace and upcoming second-gen Range Rover Evoque.
If Toyota doesn’t mind, the Tata Harrier will launch in developing markets next year.
Tata made just one Nano in June, marking the end of the line for the tiny car.
Thanks to Tata’s 45X concept, the future of compact hatchbacks might be in good hands.