Report Says Tata Wins Jaguar, Land Rover from Ford
December 20, 2007
A British newspaper reports that India's Tata Motors will be named Friday as the winning bidder in the auction for Jaguar and Land Rover.
Britain's Birmingham Post newspaper says Tata will pay the equivalent of $2 billion for the two brands.
Ford has not confirmed the report.
Posted by Michelle Krebs at 1:59 PM under Ford , Rumors | Comments (1) | digg this | Seed Newsvine
TATAS don’t have a good reputation in Quality; their first indigenously developed car had 50,000 cancellations due to problems. If Jaguar and Land Rover were to fall in the hands of TATA, they might do anything to cut corners and make profit including outsourcing the component manufacturing to their ultra cheap car manufacturing plant in Singur India.
http://jaguarlandrover.blogspot.com
Posted by: alge | December 25, 2007 at 9:40 AM