Tata Motors hires KPMG, Roland Berger to help cut costs at JLR

Tata Motors has hired KPMG and Roland Berger Strategy Consultants, both Munich based specialists, to advise it on cutting costs and managing cash flow at Jaguar and Land Rover (JLR). Last year, JLR reported a net loss of 673 million dollars in the UK. Ever since it acquired the brands in early 2008, Tata Motors has spent more than one billion dollars to keep them afloat.

The company may soon start sourcing components for JLR from India and has also identified synergies in the design and engineering capabilities and facilities between Tata Motors and JLR. Mr Ratan Tata said recently that all future cars from JLR's stable will be made of aluminium, which will not only help reduce costs and the weight of the cars but also reduce carbon dioxide emissions.