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Daimler open to co-op with Tata

Daimler is considering cooperation on sharing parts with Jaguar and Land Rover.

Dieter Zetsche, Daimler chief executive, said he could envision supplying the two brands with components, according to a report in the German trade magazine, Auto Motor und Sport.

Daimler has a 7% stake in Tata which bought the Jaguar and Land Rover brands for £1.15 billion in March.

Zetsche said: “"If Ratan Tata would approach us in regard to supplying components; we would be open to talks.” He also said that Dailmer had no plans to increase its stake in Tata.

Zetsche added that Daimler would make a decision before the end of June to build a new production site for it’s A-class and B-class compact cars in Eastern Europe.

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