Quote:
Originally Posted by Damian_Maxcash
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u wrote - "Dont like the sound of this - Jaguar to be bought by Indian Co.".
From that very link it states:
"Cash-hungry Ford lost $12.6 billion last year and expects to burn up to $14B until 2009".
What exactly is it that you don't like?
Tata's probably the best option Jaguar has, as they actually have an interest in developing the brand and its products for the long term, unlike a strip-and-flip private equity operation.
They also have tons of money to invest in R&D and will keep major operations in the UK, which is why the labor unions endorsed their bid. Tata's successfully pulled off deals much larger than Jaguar/Land Rover, like Corus Steel, and if anything their resources should be quite helpful for JLR.