India Interested in Jaguar & Land Rover
20 Jul, 2007
12 Comments 
The Mahindra group has marked its arrival in Australia with the new Pikup. The Pikup is here to gauge public reaction and see how Mahindra can go about launching future models. CarAdvice are getting behind the wheel of the Pikup at the end of this month. Expect more on that soon.
Mahindra is not exactly a small company. Currently partnered with Renault and Nissan, the Indian based manufacturer made upwards of $3 billion USD last year, and with increasing demand for cars in India and the potential for overseas exports, the company is only expected to grow.
However, with any third world manufacturer, the problem isn’t so much funds or demand, it’s technology. In order to catch up to the west, the Chinese have bought MG, the Malaysians have bought Lotus, an Arab Consortium has bought Aston Marin, and the Indians are now looking at buying Land Rover and Jaguar.
Earlier this year Tata Motors (India’s largest car manufacturer) bought Anglo-Dutch steelmaker Corus for $13.7 billion USD. Reports from Indian today indicated Mahindra and fellow Indian manufacturer Tata Motors are planning a take over bid of around $1.3 billion to $1.5 billion USD for Land Rover and Jaguar.
Local papers have reported the two manufacturers have signed a confidentiality agreement with Ford to inspect the financial records of Jaguar and Land Rover. Ford purchased Jaguar in 1989 for $2.5 billion USD and Land Rover from BMW in 2000 for $2.7 billion USD.
Will this lead to Indian produced Jaguars in a few decades? Once sold, it will leave Ford with Volvo as its only asset, although in the last week Ford has denied rumours that Volvo will go under the hammer.
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July 20th, 2007 at 12:14 pm
NRMA theft ratings are interesting for the Mahindra Pik-Up.
http://www.nrma.com.au/pub/nrm.....cial.shtml
Theft from: 7/100
ID: 0/100
Theft resistance: 0/100
Overall 2/120.
Maybe the manufacture knows that thieves won’t be interested in this P.O.S. and didn’t bother fitting… well any security devices at all. Gee, do then even bother to give you a set of keys with it, cause your probably not going to need them.
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July 20th, 2007 at 1:07 pm
FIRST!
FIAT Group, are interested but want to buy it at the lowest possible price
So i would say *others* are more keen and will pay more than what its worth [1 cent IMHO:-)]
The fire-sale ends at the end of July, so *somebody* new should have put its hand up by then!
F-O
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July 20th, 2007 at 1:18 pm
Wow! Someone interested in Jag(yawn)uar . . . and . . . Land Ro . .(yawn) . . ver . . . . zzzzzzzzzz
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July 20th, 2007 at 1:30 pm
Jag have some hot new cars on the way and guess you don’t think much of the new XKR. How you can call the XK boring is beyond me!
And while we’re on it, Land Rover not only build the most capable off road machines on the planet, but the styling leaves all other makes for dead.
Always have, always will!
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July 20th, 2007 at 2:44 pm
New XKR looks like it was styled in Korea.
Jag has one or two moderately decent cars with average residual and good luck finding a Dealer.
Land Rovers are tremendous . . . when they are going. But I guarantee you will break down in a more remote, pituresque wilderness in a LR than you will in any other brand.
Peace.
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July 20th, 2007 at 2:49 pm
I’ll pass your last comment on to David Callum, the guy who designed it (and the DB7) he’ll be delighted!
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July 20th, 2007 at 3:06 pm
I thought Mr Callum designed the original XKR, which was stunning.
But when I saw the current one at the Sydney Motor Show last year, I thought I had arrived at the Daewoo stand. The forced healight unit. The overwrought side vents. Oh dear.
But my opinion is meaningless, Jaguars are selling like hotcakes, aren’t they? The punters with the money are the one’s whose opinions truly count.
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July 20th, 2007 at 4:06 pm
So if i walk into a mahindra dealership… i can barter and bargain for 3 hours telling them the price is too high, and that they should sell it to me for less than cost, and if not i want to ask for a manager??
SWEET SWEET REVENGE
then i wont buy it, i’ll just leave
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July 20th, 2007 at 4:55 pm
So if i walk into a mahindra dealership… i can barter and bargain for 3 hours telling them the price is too high, and that they should sell it to me for less than cost, and if not i want to ask for a manager??
SWEET SWEET REVENGE
then i wont buy it, i’ll just leave
AMEN
All we need is there afterhours phone number to ring them during dinner time:-)
F-O
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July 20th, 2007 at 4:59 pm
I wonder if Mahindra will use tele-marketers to call everyone in the Whitepages to see if they would like to buy a car.
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July 20th, 2007 at 5:18 pm
The DB9, which was designed by Ian Callum and finished by his successor, Henrik Fisker, superseded the now-discontinued Aston Martin DB7 (also by Callum) which started production in 1994.The current XKR Jaguar was also designed by the same designer.
You probably were standing on the Daewoo stand looking at Holdens though.Lol.
Yes Jags have sold like hot cakes because they look like the Aston. Beautiful car but of course you don’t like it,Ford owned it then. What do you like apart from Holdens?
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July 21st, 2007 at 9:39 am
“GO TO COUNTER NUMBER 3″
LOL
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