Jaguar's Owner Seeks Partnerships With Geely, BMW -Bloomberg
November 11 2019 - 11:44PM
Dow Jones News
--Tata Group, the owner of Jaguar Land Rover, has sought
partnerships with Zhejiang Geely Holding Group Co. and Bayerische
Motoren Werke AG (BMW.XE) after the Indian conglomerate said
finding partners for JLR could help share the burden of investing
in electric vehicles, Bloomberg reported, citing unnamed
sources.
--While Tata may still approach other potential partners, Geely
has denied any talks with Tata or JLR, and BMW declined to offer
comments to Bloomberg, according to the report.
Full story: https://bloom.bg/2Q95YAs
Write to Singapore editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
November 11, 2019 23:29 ET (04:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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