Tata-owned JLR mourns passing of former Chairperson
Tata acquired JLR from Ford for $2.3-B in 2008
MANILA: Jaguar Land Rover (JLR) expressed its sympathies as former Tata Chairperson Ratan Naval Tata passed away last week on October 9, 2024.
KEY TAKEAWAYS
When did Tata Motors acquire Jaguar Land Rover?
Tata Motors acquired Jaguar Land Rover in 2008.Which company owned Jaguar Land Rover prior to the Tata Motors acquisition?
Jaguar Land Rover was previously owned by Ford Motor Company before Tata Motors acquired the marque.The British automotive brand was acquired by Tata from Ford Motor Company sometime in 2008, which cost the Indian marque some $2.3 billion back then.
“The entire JLR family is profoundly saddened by the death of Mr. Ratan Tata. His personal achievements and legacy are unequaled in society, and the mark he leaves on our business and brands is greater than that of any other individual,” JLR Chief Executive Officer Adrian Mardell said.
“It was thanks to his singular vision that Tata acquired JLR in 2008, and we owe everything we have become since then to his unwavering support and dedication. Mr. Tata led us on an extraordinary journey. He inspired incredible new chapters in our history. Under his generous and trusting guidance, we have felt deeply proud to be part of the Tata story,” he added.
“On behalf of everyone at JLR, I would like to offer our sincerest thanks for his remarkable leadership,” Mardell concluded.
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