Image used for representational goal. (Image: Reuters)
Tata Motors has mentioned that it has prolonged by two months the guarantee interval for all of its business autos that are expiring through the interval of the lockdown.
- PTI
- Last Updated: April 22, 2020, 11:56 AM IST
In the wake of the COVID-19 pandemic, Tata Motors has introduced that it will likely be extending the guarantee for its business car prospects worldwide, the corporate mentioned in a press release. As a part of the service extensions for the business car prospects, Tata Motors has mentioned that it’s offering a two-month extension at no cost providers beforehand scheduled through the lockdown interval.
Moreover, the corporate has additionally prolonged ‘Tata Suraksha’ annual upkeep contract for all these with an expiry through the interval of lockdown. It additionally mentioned {that a} one-month extension for patrons to avail the AMC service, beforehand scheduled through the lockdown is being supplied.
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Tata Motors had beforehand mentioned in March that its board has authorised to carve out its passenger car enterprise, together with electrical car vertical, right into a separate standalone entity. The firm’s board had in-principle authorised to subsidiarise firm’s passenger car (PV) enterprise (together with EV) by transferring related property, IPs and workers instantly relatable to the PV enterprise for it to be totally practical on a standalone foundation by way of a droop sale.
However, sure shared providers and central capabilities will probably be retained at TML to ship value efficiencies for all the group, it added. The proposed switch shall be applied by way of a scheme of association which will probably be tabled for board approval over the subsequent few weeks, the auto main had mentioned.
(WITH PTI INPUTS)
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This post was last modified on April 22, 2020 1:01 pm