New Delhi, Auto Desk. Analysts at global brokerage firm Sanford C. Bernstein believe that BMW should acquire Jaguar Land Rover from Tata Motors. The firm says the Jaguar Land Rover could be valued at around £ 9 billion and would be a good buy for BMW. Bernstein believes that investing in Jaguar Land Rover may be beneficial for the German carmaker, because it can contribute around 20 percent of BMW's total sales of about a quarter of the volume.
Let me tell you, 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 quickly moved into the growth range for its product range and brand. BMW has been a discount-making company Can book and turn the British car manufacturer into a profitable company.
Currently, 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 manufacturers have signed an agreement to develop the technology, the June 2019 next-gen electrification technology.