BMW should buy Jaguar Land Rover from Tata Motors: Bernstein

Sanford C. Bernstein analysts have said BMW should buy Jaguar Land Rover from Tata Motors as the German carmaker is "awash with cash". Buying JLR for $11.2 billion could add 20% to BMW's earnings but "Tata would need to swallow its pride to sell," they added. Tata Motors bought Jaguar and Land Rover from Ford in 2008 for $2.3 billion.