Ratan Tata's car model was a BMW true or false
Answers
Answer:
false
Explanation:
these are the modelsRatan naval Tata is highly fond of cars. He has a wonderful collection of high-end cars including Ferrari California, Cadillac XLR, Land Rover Freelander, Chrysler Sebring, Honda Civic, Mercedes Benz S-Class, Maserati Quattroporte, Mercedes Benz 500 SL, Jaguar F-Type, Jaguar XF-R, and some others.
As Tata Motors' losses mount, BMW should take JLR off its hands: Analysts
Updated Sep 24, 2019 | 14:00 IST | Team Times Drive Tata Motors bought Jaguar Land Rover in 2008 from Ford, who had individually acquired Jaguar Cars and Land Rover from British Leyland and BMW, respectively.
The fact that Tata Motors, an Indian automotive manufacturer, owns an iconic luxury brand like Jaguar Land Rover has been a source of joy and pride for the country as we are sure it has been for the home-grown company. And while the business fared decently ever since Tata acquired JLR, the situation has been rather turbulent in recent times. And Automotive News Europe reports that analysts at Sanford C. Bernstein, an American company, believe the ideal way forward is for JLR to be reunited with one of its sort-of ex-owners at some point in time: BMW.
This piece of advice comes in light of a few different situations and factors, including the fact that Tata Motors is reeling under losses. The carmaker's predicament has been further worsened by the Brexit chaos along with a sales slowdown in China.
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In a research note, an analyst for the firm noted, "BMW is overcapitalized and awash with cash. It has run into the limits of growth for its product range and brand. JLR is severely challenged, both operationally and financially, but could massively lower both its fixed and variable costs under the wing of a bigger partner."
But would this make sense for BMW? The analysts say it does. They explained that buying Jaguar Land Rover presents the scope for the addition of 20 per cent to the Bavarian carmaker's earnings. And not just that, buying the British luxury car marque also has the potential add roughly a quarter increase in BMW's sales volume.