Indian Tata Motors Getting Closer to Jaguar & Land Rover

Reports from Indian newspapers indicate that India’s Tata Motors Ltd. may start due diligence sometime this week to acquire Ford Motor Co’s Jaguar and Land Rover brands.

Land Rover LogoIndia’s Hindustan Times said last week that “Senior Tata officials are already in London,” and that negotiations are at an advanced stage. As we reported a few weeks ago both Tata and Mahindra are in talks to acquire the two brands from Ford.

Tata has sent one of its directors to negotiate the deal. Mr Arun Gandhi is currently in London for negotiations with Ford. It seems more than likely now that the Indians will get their hands on Jaguar & Land Rover. As for Volvo, Ford’s only remaining asset, the future appears brighter with reports suggesting that Ford may keep Volvo for now.

Automotive news reports that sources have said Goldman Sachs, HSBC and Morgan Stanley are the banks doing the deal. So far both Indian manufacturers, Tata and Mahindra have declined to comment.

CarAdvice is currently testing the Mahindra Pikup Ute.

Source: AutoNews

Location: Home / Ford, Car News / ...

Rate Post: 1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 5 out of 5)
Loading ... Loading ...

- Email This Post Digg  del.icio.us

Print it:

16 Responses to “Indian Tata Motors Getting Closer to Jaguar & Land Rover”

  1. Frugal One Says:

    *PRIMO*

    Could not think oe a *worse* owner than the Indians [scammers] to own J/LR

    Both those brands are hopeless in the sales race anway, this will be the final nail in the coffin

    Then again, s8it attracks s8it:-)

    F-O

    (Report)

  2. Foggy Says:

    Frugal One, your racist overtones just highlight your own insecurities.

    In case you haven’t noticed, the (sad) future of the automotive industry lies in low manufacturing costs in 3rd world economies.

    Yes, we will always covet the “premium” brands who manufacture to a spec rather than a budget, but the majority of car buyers seem to just want as many features as possible for the least amount of money.

    (Report)

  3. roberto Says:

    Agree with Foggy, customers are at the core of this as demand and competition force these building cars in 3rd world countries. Maybe less customers on this planet is more appropriate! Frugal One = RACIST.

    (Report)

  4. indian australian Says:

    You RACIST! frugal one - you so afraid of foreign ownership . i love your statement that Indians are scammers- what is your basis??
    These iconic brands need to be kept alive and reinvented and what better than a country on the up and also reinventing itself.Foggy- I agree with you!
    Frugal- I must only assume that you are the few people in this world would believed that Dr Haneef should have been kept in prison. People like you sicken me .
    and please go and read about Tata Motors, one of the oldest and largest automobile companies in India and world’s 5th largest commercial vehicle manufacturer.
    also they have just signed a deal with Fiat- which i am sure foggy one is the perfect example of “Then again, s8it attracks s8it” Please note the sarcasm and me keeping your wonderful spelling just to highlight how brilliant you are

    (Report)

  5. adam Says:

    Frugal ones comments are a total waste of time…
    landrover for your information is profitable and selling in record numbers…how about you actually get your facts correct before posting garbage?

    Is there word that Ford will sell all of jag/landrover or just a percentage, like Aston Martin?

    (Report)

  6. Astro Boy Says:

    Tata probably wants to buy Jag and Land Rover to get access to the knowledge that Land Rover has in off road and jags… umm.. what is jag good at? Also Tata is probably buying Jag and LR as they already have a established name in many many countries. Its a great buy for a manufacturer trying to spread its wings instead of starting fresh and making TATA a well known brand in western countries. We have had TATA’s here for a while but there arent a lot of them. First time i saw one was a ute on the side of the road overheated with its bonnet up on a stinker of a day, didnt give me a good impression, but there are many commodores stuck on the side of the road!!! Of the two I think Land Rover is the better buy. I see no problem with Tata buying those two as long as they dont drop in quality and i hope they keep the awesome Defender!! Also the LR Defender has been made in many different countries since WWII.

    As for Frugal One, he/she is a person who is afraid of change, and a typical xenophobe who is probably a unemployed bogan or works a sh!tty dead end job. ignore him/her.

    (Report)

  7. Reckless1 Says:

    Problem is, if Tata learns the reliability secrets of L/R and introduces them to their models, Tatas will become even less reliable than they already are.

    (Report)

  8. Frugal One Says:

    deleted

    (Report)

  9. Kenny Says:

    I think LR is only thing worth while out of the two. I think if TATA gets LR & J, they should move most of the production to India, or at least the low end models. The result will be many ppl will be able to afford LRs & Js. Also I think TATA will have struggle to sort out Js reliability issues, continuous loss of market share.

    (Report)

  10. Kenny Says:

    Also I think this Frugal fellow is dumb racist. He is struggling to accept the fact China and India are economically rising & Not so Great Britain is going backwards.

    (Report)

  11. Frugal One Says:

    This CNN report claims its a done-deal?

    http://money.cnn.com/news/news.....RTUNE5.htm

    8 Billion, thats cheap for 2 Ok car companies, hell they spent over a billion on the VE Commodore?

    I love giagantic tatas:-)

    Cheers

    F-O

    “GO TO COUNTER NUMBER 3″

    (Report)

  12. JagMan Says:

    Firstly, Astro Boy: “what is a Jag good at”?????????
    Are you kidding???? So you’ve never driven one, fair enough.
    And Kenny, as for LR being the only worthwhile thing out of the two, is this from a standpoint of economic rationalism??
    In that case, we should all be driving Barinas (- then the safety rating wouldn’t matter :-)
    I’d suggest to anyone considering knocking Jaguars, do a bit more research than:
    (1) Word of mouth at pubs/crib-rooms/public toilets
    (2) the Internet
    (3) loser Lexus owners
    (4) loser jap car fans

    Actually go to a dealer and …..sit in one.
    That’s all you need do in the short term.

    btw, don’t waste your typing muscles with ‘facts and figures’, i won’t be reading any links to Redbook (what a joke they are - have any of them ever bought/owned a car?????)The proof of the Jag pudding is very much in the owning/driving, if you chooses to excersize some individuality.

    Not being elitist, in fact Tata could work out a whole lot better than Ford just nicking the way-superior rear axle technology for their Tickfords and BA/BF range!

    (Report)

  13. Kenny Says:

    What the Blind JagMan is saying all the RELIABILITY ISSUE of Jag, will go away as soon as you sit inside a Jag.

    Summing up the exercise of buying a Jag, you will be spending BMW level of cash to buy car that is as reliable as a Daewoo/Holden. I can understand why so many people are deserting Jags.

    http://www.autoblog.com/2007/0...../#comments

    (Report)

  14. analyst11 Says:

    no matter how good job these tata guys do to rejuvinate these run down brands ….those wheatgrass fed blondes will like only like em if they will say on their side panel….so called MADE IN GREAT BRITAIN…it is very sad but that is a fact…cuz people are already checking with dealerships that they want range rover from uk..not the cheap version from INDIA…so change anything else but not the origin….

    (Report)

  15. Your Mom Says:

    you sad mother fuckers. so unaware of the global shift of power. india, and indians have made your lives so much easier, yet you continue to mock their accents, and diss the country.

    you know what. fuck you all. fuck your ugly whore-ish moms. and your dickless dads.

    (Report)

  16. Frugal One Says:

    What about the $2500 Tata Nano, WORLD’s cheapest car end of story.

    Better and safer than a still expensive $3k scooter

    WELL DONE INDIA, I TAKE MY HAT OFF TO YOU!

    Just maybe you guys CAN turn around Jag?

    Cheers

    F-0

    (Report)

Leave a Reply

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word