Here's a closer look at the owner of Jaguar Land Rover, its shareholders, and their respective boards of directors. You can also learn how to invest in the company indirectly through its owner.
Who is the owner of Jaguar and Land Rover?
Tata Motors has owned Jaguar Land Rover since 2008. The Indian automotive group acquired the British luxury automakers from Ford for $2.3 billion, with Ford contributing $600 million to their pension plans upon closing. Ford needed the cash to help fund its turnaround plan. It also wanted to focus on its core brands.
Ford took a huge loss on the sale (it acquired Jaguar for $2.5 billion in 1989 and bought Land Rover from BMW for $2.7 billion in 2000). Jaguar never made a profit as part of Ford.
While Jaguar Land Rover Automotive is a subsidiary of Tata Motors, it operates as an independent company. It has a separate board and reports separate financial results. However, it doesn't have any other owners.