Twitter
Advertisement

Tata acquires Nissan's truck unit in South Africa

Continuing with its global takeover spree, the Tata group has acquired Japanese auto giant Nissan's truck manufacturing plant in South Africa.

Latest News
Tata acquires Nissan's truck unit in South Africa
FacebookTwitterWhatsappLinkedin

NEW DELHI: Continuing with its global takeover spree, the Tata group has acquired Japanese auto giant Nissan's truck manufacturing plant in South Africa.

"Nissan's manufacturing unit in South Africa has been acquired," a company spokesperson said.

He declined to give details, including the valuation of the deal, saying it had been done by Tata Africa Holdings. The acquisition of Nissan's facility in Pretoria will augment Tata's expansion in South Africa's automobile market.

Tata Motors already has a bus assembly unit in Johannesburg.

 

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement