Rumors that Jaguar and Land Rover owner, Tata Motors in India is prepping to raise funds to pay for new products, according to a report in Motor Trend magazine.? One scenario has them spinning off the Jaguar/Land Rover brands into a separate company and taking them public with an IPO.? Tata bought the two for…
Tag: Tata
Jaguar Land Rover and Chery Plan Joint Chinese Venture
Jaguar Land Rover, which is owned by India?s Tata Motors, announced they have finalized the details on a joint venture with Chinese automaker Chery to build and sell vehicles in China. The joint venture agreement is subject to approval from the Chinese government. According to Automotive News Europe, if the plan…