Tata Motors kills plan to launch own sports car: Reports

Tata Motors has reportedly shelved its plan to produce the Racemo sports car that it had showcased at 2017 Geneva Motor Show. According to the report, the cost for the Racemo project was evaluated at ₹250 crore, which was considered unviable by the company. Announced under Tata Motors' new sub-brand 'Tamo', the car was expected to be launched in 2018.