The major automakers with present presences in the United States are listed below, along with the brands they sell.
BMW, Mini, and Rolls-Royce are all owned by BMW Group. Smart and Mercedes-Benz are owned by Daimler AG. Lincoln and Ford are owned by Ford Motor Co. Chevrolet, GMC, Buick, and Cadillac all belong to General Motors. Hummer is back as a GMC subsidiary brand. In order to co-develop EVs, GM and Honda have an official collaboration. Acura and Honda are owned by Honda Motor Co. It collaborates with GM. Sony Honda Mobility is the name of the electric vehicle firm they founded with Sony. Genesis, Hyundai, and Kia are all owned by Hyundai Motor Group. Mazda is owned by Mazda Motor Corp. Mitsubishi, Nissan, and Infiniti are all owned by the Renault-Nissan-Mitsubishi Alliance. Following the merger of Fiat Chrysler Automobiles and Peugeot S.A., a new company called Stellantis was created. According to the explanation, the word is derived from the Latin verb “stello,” which means “to dazzle with stars.” Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram are now under Stellantis and are FCA brands that are offered in the United States. Other Stellantis automobile brands include Citroen, DS Automobiles, Opel, Peugeot, and Vauxhall. Subaru is owned by Subaru Corp. Jaguar and Land Rover are owned by Tata Motors. Owned by Tesla. Lexus and Toyota are owned by Toyota Motor Corp. Additionally, it owns stock in Suzuki and Subaru. The automotive brand VinFast, along with VinHomes, VinBigData, VinBioCare, and VinBrain, are all owned by VinGroup. Audi, Bentley, Bugatti, Lamborghini, Porsche, Scout, and Volkswagen are all brands owned by Volkswagen AG. Volvo, Polestar, and Lotus are all brands owned by Zhejiang Geely Holding Group (ZGH).
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In 2008, Tata Motors purchased Jaguar Land Rover from Ford, which had previously purchased the two brands separately from British Leyland and BMW.
The fact that an iconic luxury brand like Jaguar Land Rover is owned by an Indian automaker, Tata Motors, has been a source of pride and joy for both the nation and the home-grown business, we’re sure. And although business has done well ever since Tata bought JLR, things have become somewhat tumultuous recently. And according to Automotive News Europe, experts at the American firm Sanford C. Bernstein think that for JLR to move forward, it should eventually reconnect with BMW, one of its sort-of ex-owners.
This recommendation is made in light of a variety of circumstances and elements, including the fact that Tata Motors is experiencing severe losses. The chaos around Brexit as well as a drop in sales in China have made the carmaker’s situation much worse.
An analyst for the company wrote in a research report, “BMW is flush with cash and overcapitalized. For both its product line and brand, it has reached the top of its growth potential. JLR faces serious operational and financial difficulties, but with the support of a larger partner, it might drastically reduce both its fixed and variable expenses.”
Would this be OK for BMW, though? Analysts claim that it does. They clarified that adding Jaguar Land Rover to the Bavarian automaker’s revenue would increase its potential by 20%. Not only that, but acquiring the British premium car brand could potentially increase BMW’s sales volume by about a fourth.
Although the aforementioned acquisition of Tata Motors by BMW would be rife with numerous complications, there is still a very compelling argument in favor of the move.
For the time being, BMW and JLR can concentrate on their partnership on next-generation electric drive units, which will include transmissions, power electronics, and electric motors and will be built on BMW’s Gen 5 eDrive technology. This partnership was first announced by the two companies earlier this year.
JLR, owned by Tata Motors, and BMW collaborate to create next-generation electric vehicles.
On Wednesday, BMW and Jaguar Land Rover, both owned by Tata Motors, announced their collaboration on the creation of next-generation electric drive systems.
The strategic partnership will draw on the substantial electrical knowledge and experience held by both businesses.
On Wednesday, BMW and Jaguar Land Rover, both owned by Tata Motors, announced their collaboration on the creation of next-generation electric drive systems. In order to achieve the essential economies of scale to promote growing consumer acceptance of electric vehicles, the two partners will jointly invest in research and development, engineering, and procurement, Jaguar Land Rover stated in a statement. The collaboration of the top automakers, it was further stated, is to enhance the development of electrification technologies to support the transition to an autonomous, connected, electric, and sharing (ACES) future.
The strategic partnership will draw on the substantial electrical knowledge and experience held by both businesses. “We have demonstrated our ability to create electric vehicles that can compete globally, but we now need to scale the technology to enable the upcoming Jaguar and Land Rover models. Discussions with BMW Group made it evident that both firms’ needs for next-generation EDUs (electric drive units) to assist this transition significantly overlap, making a collaboration between the two parties advantageous “Nick Rogers, director of engineering at JLR, said.
Both automakers have already shown that they are capable in the electric vehicle market. While JLR offers plug-in hybrid and premium battery-electric SUVs like the Jaguar I-PACE, the BMW Group has extensive expertise developing and manufacturing multiple generations of electric drive units on-site since it introduced the BMW i3 in 2013.
The agreement, according to the announcement, would enable both parties to benefit from economies of scale brought about by cooperative research and development and production planning, as well as joint procurement across the supply chain. According to the agreement, a team of engineers from JLR and the BMW Group will design the EDUs, with both parties creating the systems to deliver the particular qualities needed for their own product ranges. However, each partner will produce these EDUs in their respective factories.
These EDUs will be produced by JLR at its Engine Manufacturing Centre (EMC) in Wolverhampton, which was announced in January of this year as the location of the company’s global EDU production. The 1,600-person plant will be the hub for producing propulsion systems and provide complete flexibility between clean Ingenium gasoline and diesel engines and electric units.
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The financial difficulties of the British automaker could provide a challenge for any partners with JLR. Tata has started addressing some of these problems by injecting $910 million in additional equity into the company to strengthen its balance sheet.
JLR has experienced dealership and quality problems in China. Sales stabilization was reported by the company last month, enabling parent Tata Motors Ltd. post a narrower-than-anticipated quarterly loss. A 2.5 billion pound ($3.2 billion) savings campaign by the British unit, which involved thousands of job layoffs globally, is also almost finished.
For $2.3 billion, Tata Group acquired the company that produced the Jaguar XE sedan and the Land Rover Discovery sport utility vehicle. Despite having an open mind to finding partners for JLR, the conglomerate does not intend to sell the division, according to N. Chandrasekaran, chairman of group holding firm Tata Sons Ltd.
This article has been directly published from a wire service feed without any text changes. The only change is to the headline.
According to a report, Tata approaches BMW and Geely about partnering with Jaguar Land Rover.
According to persons with knowledge of the situation, Tata Group, the owner of Jaguar Land Rover, has approached businesses like BMW and China’s Zhejiang Geely Holding Group in an effort to forge alliances for the struggling UK automaker.
To cut expenses and spread the financial burden of investing in electric vehicles, Tata has stated that it is willing to find partners for JLR.
The persons asked to remain anonymous because the discussions were private because they were in the early stages and Tata might yet seek other potential partners.
Any partnership with a Chinese automaker would benefit JLR there, where its troubles earlier this year resulted in a $3.9 billion writedown.
Though the previous CEO of the German manufacturer, Harald Krueger, ruled out any financial involvement in August, closer links between the British luxury brand and BMW would expand on an already-existing collaboration to develop engines and electric-drive technology.
The level of Geely and BMW’s receptivity was not immediately apparent. Geely released a statement stating that “no conversations have been had with Tata or JLR.” Tata and BMW both declined to comment.
As manufacturers pool their resources to take on electrification and autonomous driving, scale has grown to be more and more important in the automobile sector.
For smaller companies like JLR, which has committed to an ambitious program to offer electric alternatives for each of its new models starting in 2020, the issue is particularly formidable.
With the introduction of the Jaguar I-Pace full-electric crossover last year, JLR was a pioneer among conventional automakers.
The pace of dealmaking has increased despite the numerous difficulties in turning ferocious adversaries into partners as a result of a worldwide slump that has affected important markets.
This year, Ford Motor and Volkswagen Group decided to collaborate on projects involving electrification and autonomous vehicles.
Last month, PSA Group and Fiat Chrysler Automobiles reached an agreement to merge, becoming the fourth-largest volume carmaker in the world.
The financial difficulties of the company are one potential barrier for any collaboration with JLR.
Tata has started addressing some of these problems by injecting $910 million in additional equity into the company to strengthen its balance sheet.
JLR has experienced dealership and quality problems in China. Sales stabilization was reported by the company last month, assisting parent Tata Motors in posting a narrower-than-anticipated quarterly loss.
JLR is also almost finished with a $3.2 billion ($2.5 billion) savings campaign that involved thousands of job losses across the globe.
Despite being willing to identify partners for JLR, the conglomerate does not want to sell the division, according to N. Chandrasekaran, chairman of group holding firm Tata Sons, in an interview last month.