Jaguar's Owner Seeks Partnerships With Geely, BMW -Bloomberg

Date : 11/12/2019 @ 4:44AM
Source : Dow Jones News
Stock : Bayerische Motoren Werke AG (BMW)
Quote : 49.715  0.0 (0.00%) @ 1:00AM
Bayerische Motoren Werke share price Chart

Jaguar's Owner Seeks Partnerships With Geely, BMW -Bloomberg

Bayerische Motoren Werke (XE:BMW)
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--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.


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(END) Dow Jones Newswires

November 11, 2019 23:29 ET (04:29 GMT)

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