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For those unfamiliar with the subject, we will tell you that Jaguar Land Rover is a British car consortium acquired by the Indian company. TATA engines Some time ago, however, this year, the British suffered losses amounting to several million euros, which weighed on the weight of gray Brexit in the region.
This did not go unnoticed for the Volkswagen Group, whose leaders appreciate two highly regarded companies known around the world, as they are Jaguar and Land Rover, leaders of its segment worldwide.
According to various European media, the giant of Wolfsburg would have sent an offer to TATA Motors for 41 billion euros to acquire the Jaguar Land Rover consortium, as well as the Chery brand of the same group operating solely in China.
It should be remembered that Jaguar and Land Rover are undoubtedly two leading companies in their segments, known for the quality of their vehicles and their possession, Volkswagen could significantly increase its profits, in addition to being able to expand its offer of electric and off-road cars.
Both parties strongly deny this agreement, although there is every indication that this sale could materialize very quickly because Volkswagen sees the potential of British brands continue to grow around the world in addition to seeing as growth opportunity in the Chinese market with the acquisition of Chery brand.
For now, all that remains is to wait to see how this great circus of car transfers will end and see if in the end Volkswagen can successfully complete its two-company takeover project this could significantly strengthen their economic aspirations and market control around the world, offering products of a high quality standard to all its consumers.
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