Tata Motors boss says working with other car firms is vital for British firm to fund investment in future tech

The head of Jaguar Land Rover’s parent company is open to the British firm seeking further partnerships with other car makers – saying it is the “only way” to fund the necessary investment in future technologies.

Jaguar Land Rover has suffered heavy losses in recent months due to falling sales, which have also hit the profits of its Indian parent firm Tata Motors. But JLR is facing the need to invest in electric powertrains, autonomous systems and mobility services for the future.

Jaguar Land Rover has agreed a partnership with the BMW Group to jointly develop electrified powertrain components. Autocar has learned that partnership is set to expand to include engine sharing – and, as revealed in this week’s magazine, could lead to select JLR models being built on BMW Group platforms in the future.

Speaking at Tata Motors’ AGM, chairman Natarajan Chandrasekaran said that he was open to more partnerships in the future.

“Like any other auto company, JLR has to invest in future technologies to address the move away from [internal combustion engines] to hybrid and electric,” he said. “It also has to invest in future models, make necessary investments in areas like shared mobility, and also beyond that. That's very important to stay alive in this ecosystem.

"All this means is there is a need for capital investment if you want to be future-ready. The only way to handle this need for [capital investment] is additional investment through partnerships, because we want to spread the investment. There are many discussions underway, from tactical to strategic.”

Asked about future partnership opportunities, Chandrasekaran added: “These opportunities keep coming and we keep evaluating every one of these opportunities and as long as it is in the interest of Tata Motors, we will forge such partnerships so that we are able to address the capex.” 

Our Verdict

Jaguar I-Pace 2018 road test review hero front

It looks the part, promises 0-60mph in 4.5sec, has a near-300 mile range, and is among the first luxury EVs to arrive from an established brand. Can the I-Pace topple Tesla?

Find an Autocar car review

Driven this week

Join the debate

Comments
8

31 July 2019

I was around BMW at the time they had to disentangle themselves from the rotten husk of Rover. They really didn't want to and certainly wanted to keep Land Rover, as widely reported. But that was during a different era of anglophile management and before the rise of China as a major market. I can imagine many might wonder about BMW buying in again but I can't see it unless they see significant incremental volume - but much of the cost now is in tech and hardware development rather than platform sharing. So I assume they don't see value in taking a majority or minority shareholding vs a cooperative deal such as the one being mooted by Tata's management. I fear Tata are rightly scared to death that Land Rover and it's failed Jaguar sibling can only drain R&D cash within such a cooperative arrangement but my guess is that  JLR is an unlikely candidate for sale to the Germans, in part or as a whole.

31 July 2019

Like many before them Tata have had a go and it has once again ended in tears so I guess it’s time for someone else to be burdened - PSA seem keen so why not?

31 July 2019
CharlieBrown wrote:

Like many before them Tata have had a go and it has once again ended in tears so I guess it’s time for someone else to be burdened - PSA seem keen so why not?

I can't disagree that PSA seems to have the management nous under Tavares but as we saw with Ghosn's demise the resultant deck of cards can collapse very fast. I rather like the reportage that PSA turned around Opel in six weeks (maybe less) but it does seem a little fairytale-like. But, assuming it's real and there are JLR synergies that I'm failing to see then, yes why not!

31 July 2019

Utterly desperate and at the tax-payers expense for this total dog

31 July 2019

I was worried we would miss the sage advice of lambo, but he has managed to make the so called experts look foolish with this simple insight. 

31 July 2019

I try not to dissapoint and I would like to see JLR succeed but throwong money at it particularly at our expense is not wise, it catastrophic.

Many owners and huge amounts of money have been thrown at this disaster on wheels with little or no success.

It needs profound leadership to steer it on a razor sharp focus.

Not this

31 July 2019

Scary if the leadership at Tata is only just waking up to this need for outside investment. Got to agree with lambo58 on this one.

1 August 2019

JLR models on BMW platforms is the most intriguing line

The obvious gap is for a premium transverse engined platform, a future small "Freelander" vehicle sharing the MINI Clubman/1 series/X1 platform?

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week