AutoBeta(AutoBeta.net)02/14 Report--

Yesterday, Great Wall executives reported that they were in talks with Tata to acquire Jaguar Land Rover.

However, Jaguar Land Rover yesterday introduced the interface car interview, said that the news is only media speculation, there is no such thing.

It is understood that in the third quarter of 2019 (October-December 2018), Jaguar Land Rover lost $4.06 billion on revenue of $8.06 billion, making Tata Motors the biggest loss in Indian corporate history. In the face of losses and for future projects not to stagnate, Jaguar Land Rover announced plans to raise $1 billion.

The buzz of the acquisition is also linked to Jaguar Land Rover's continued decline in sales in 2018, with India's Tata Motors at the forefront of losses.

According to Tata Motors, Tata Motors had revenue of 770 billion rupees in the third quarter of 2018 and a net loss of 270 billion rupees in the single quarter, of which the Jaguar Land Rover brand had revenue of $8.06 billion and a loss of $4.06 billion.

The news of Great Wall's acquisition this year is that another domestic independent brand has acquired a joint venture brand after Geely's acquisition, but Geely's acquisition has been officially proved to be a refutation of rumors, and the acquisition of Jaguar Land Rover by Great Wall is also possible. At present, Great Wall Motor is listed in both domestic A shares and Hong Kong shares, with a total market capitalization of 120.9 billion in domestic A shares and 92 billion in Hong Kong H shares. The combined market capitalization of the two is more than 200 billion yuan, which is on the rise, while Jaguar Land Rover is on a downward trend.

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