For lack of technical or economic synergies, leading automotive players Skoda Auto and Tata Motors Ltd have ended their detailed negotiations on a strategic partnership. Skoda has assessed and evaluated a potential strategic collaboration with Tata Motors Ltd over recent weeks and months, a Skoda press note said.
In doing so, both companies have concluded that at present, neither the technical nor the economic synergies are achievable to the extent desired by both parties.
As a result, a planned strategic alliance will no longer be pursued for the time being. Both companies would like to emphasise that following the intensive and constructive discussions of the last few months, they are not ruling out possible future collaborations, the release added.
Harman Kardon has launched its Fit Speaker Series in India, a new collection of premium in-car speakers designed to enhance driving experiences with high-fidelity sound and cutting-edge technology.
Dolby Laboratories, a global leader in immersive entertainment experiences, and Mahindra & Mahindra announced the debut of Dolby Atmos in the Mahindra Thar Roxx AX7L variant.
Park+ Research Labs, India's only digital-first, data-driven survey platform, announced key findings from its latest city-focused survey.