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India's Tata Motors to spin off cars unit, seek investors

India's Tata Motors to spin off cars unit, seek investors

Tata Motors designer Pratap Bose gives Ratan Tata and N. Chandra a tour of his latest creation -- the all-electric EVision concept. Photo: Tata Group

Tata Motors Ltd., the Indian owner of Jaguar Land Rover, plans to separate its cars business from trucks and buses, as the company seeks partners for a unit slammed by the coronavirus outbreak and a global shift to electric vehicles.