BMW can buy Jaguar Land Rover, Know complete report
BMW can buy Jaguar Land Rover, Know complete report
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Analysts at Sanford C. Bernstein, a world-renowned brokerage firm, believe that BMW should acquire Jaguar Land Rover from Tata Motors. The firm says the Jaguar Land Rover could be worth around £ 9 billion and would be a good buy for BMW. Bernstein believes that investing in a Jaguar Land Rover may be beneficial for the German carmaker because it can contribute around 20% of BMW's total sales of about a quarter of its volume. 

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According to media reports BMW previously owned Land Rover and Rover Group from 1994 to 2000. Tata Motors acquired Jaguar Land Rover from Ford Motor Company in June 2008, which they immediately paid $ 2.3 billion. Analysts including Max Warburton said in a Bernstein report, "BMW is overcapitalized and waking up with cash. It has rapidly moved into the range of development for its product range and brand. BMW is a discount-making company. Of the British car, the manufacturer can turn into a profitable company.

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BMW is already working on a plan with the goal of saving $ 14 billion and Jaguar Land Rover also wants to cut about 4,500 jobs with a savings of £ 2.5 billion. In fact, the two car makers have signed an agreement to develop the technology next-gen electrification technology in June 2019. JLR faces a serious challenge both operationally and economically. However, under the wing of the larger partner, the company plans to reduce both its fixed and variable costs on a large scale.

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