Sale of the Century: the story of Jaguar Land Rover

Updated


Imagine a distant relative dies and leaves you £200,000. You might decide to invest in a buy-to-let property and get a rental of, say £1,000 per month, which would give a return of 6%. Now imagine a house that costs £200,000 but gives an income of over £20,000 per month.

That never happens, unless you are Tata and you have bought JLR Towers – or Jaguar Land Rover as it is more commonly known. JLR has just announced that it made £440 million in the last three months – that is just over £145 million per month, compared to a purchase cost of $2.3 billion (just £1.2 billion at 2008 exchange rates).

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