The TATA conglomerate including Tata Motors who own Jaguar Landrover are currently having a bit of a "domestic"
Tata crisis: How do you sack a boss who won't go? - BBC News
I was thinking of buying a Tata Nano. At around £1500 or less it has to be considered.
A bit of research disclosed that it will not be here until about 2011, but called the Europa, and at about £4500. Well it was a thought!
I am not sure if it is the cost of complying with EU and other...
From today's Financial Times:
"Tata Motors' $2.3bn debt-funded deal for Jaguar and Land Rover has led Standard & Poor’s to cut its credit ratings because of concerns about growing indebtedness.
"The agency left the Indian group on credit watch after cutting its already non-investment grade...
http://www.pistonheads.com/news/default.asp?storyId=17843
5 year plan for UK production, but then what? Will my LRX plummet in value if they then move LR and Jag to India, compromising the brand heritage? (look at me worrying about depreciation on a car yet to be built - we'll be driving milk...
http://www.whatcar.com/news-article.aspx?NA=231908
John (glojo) have you changed your mind, maybe your E was made out there you can tell by the tusk marks underneath the car because elephants are cheaper than fork lift trucks, well they are in India..
gary
Or rather, Ford to Tata.
According to the Financial Times, Ford will tomorrow announce the sale of Jaguar and Land Rover to Tata of India. Here's the FT article:
LINK HERE
Have heard a few rumours over the past couple of days, but this seems to confirm...
Tata is certainly rich enough to afford one or more major acquisitions in this market, but would the brands cope with the perceptions of Indian ownership?
The better half has taken a notion for changing her VW Sharan for a 4x4.:rolleyes: She initially fancied a Land Rover Freelander but I put an end to that one but now she has seen a Tata that has taken her fancy!:crazy:
Confession time.... I know nothing about these motors. :confused...