MG Rover, India's Tata to continue CityRover deal

Newswire

BOMBAY, Dec 20 (Reuters) - Tata Motors Ltd. , India's third-largest car maker, and UK's MG Rover Group Ltd. have decided to continue their joint venture commitment for CityRover cars, the two companies said in a statement on Monday. MG Rover signed an agreement in December 2002 with Tata Motors to buy 100,000 Indica hatchbacks -- called the CityRover in the UK -- over five years to sell in Europe, but Tata had said earlier this month the deal could dissolve if MG went ahead with a proposed ...

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