Tata Looks for Jaguar Land Rover Partners, But Rules Out Sale

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The Indian conglomerate that owns Jaguar Land Rover said it is open to finding partners for the automaker but isn’t planning on selling the embattled unit.“We’re not going to sell,” said Natarajan Chandrasekaran, chairman of Tata Sons Ltd., the holding company in an expansive business empire that includes Tata Motors Ltd. “Auto is a core business for us. From revenue terms, auto is our largest company.”Tata Motors bought the maker of the Jaguar XE sedan and Land Rover Discovery sport …read more

Source:: Yahoo Finance

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