The 50:50 joint venture between the two companies was announced back in 2017, with an aim to build performance-oriented version of Tata Motors passenger vehicle range. The result of the partnership was the Tiago JTP and Tigor JTP, both of which were introduced in 2018.
However, with the Indian market currently facing its worst period yet, the joint venture between the two companies faced extreme pressure. Tata Motors stated that the tough market conditions and the limited sales of the two models were among the main reasons for its discontinuation.
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