trending Market Intelligence /marketintelligence/en/news-insights/trending/-XUZTfo1taj4g7si5izwQA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Tata Motors seeks partners for Jaguar Land Rover, rules out sale

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Tata Motors seeks partners for Jaguar Land Rover, rules out sale

Tata Motors Ltd. is open to searching for partners for its luxury car brand Jaguar Land Rover Automotive PLC but is not planning to sell the business, Bloomberg News reported Oct. 15, citing an interview with Natarajan Chandrasekaran, chairman of Tata Motors and the Tata Group's holding entity, Tata Sons Pvt. Ltd.

"We're not going to sell. ... Auto is a core business for us. From revenue terms, auto is our largest company," Chandrasekaran told Bloomberg Television. The executive added that the group does not want deals where "we just sell a stake and we have no say."

Jaguar Land Rover's sales have been steadily declining over the past months and the high cash burn at the company has been weighing down the Indian car group, which also produces its own brands of cars and commercial vehicles.

Tata Motors acquired the British car brand from Ford in 2008 for US$2.3 billion.

According to Bloomberg, Chandrasekaran also expressed concerns about the U.K.'s impending exit from the European Union, saying negotiations have taken too long. Jaguar Land Rover is expected to close its U.K. plants for a week in November to cope with potential supply chain disruptions from a possible no-deal Brexit, the report said.

Jaguar Land Rover CEO Ralf Speth has previously said the carmaker had no choice but to stop production lines at four facilities, The Guardian reported.

In January, Jaguar Land Rover announced that it is cutting 4,500 jobs to support a cost-cutting transformation program following weak demand in China.