Tata doesn’t give up on Jaguar Land Rover but acknowledges the need for a new partner.
The upcoming EVs promise to be affordable and fun.
Purchasing JLR for $11.2 billion could add 20% to BMW’s earnings according to Sanford C. Bernstein analysts.
It’s an overly used phrase, but you’re better off walking than driving the Nano, aka the world’s cheapest car.
Tata says it is open for JLR to cooperate with other automakers in electrification and autonomous tech.
The two British automakers will remain under the ownership of Tata – at least for the foreseeable future.
Tata Motors insists it is remaining committed to JLR despite the British brands’ 2018 losses .
While PSA’s boss said his company is open to a merger or acquisition, Tata says JLR isn’t for sale.
The Indian automaker showcased both the Altroz as well as the Altroz EV in Geneva.
The Indian conglomerate are indeed trying to find a solution for JLR, but selling it outright is not an option.
The Indian parent company has already devised two plans to return JLR to profitability .
Modern design combined with a Land Rover platform and Fiat diesel engine in one coherent package.