harryccc Posted March 25, 2008 Report Share Posted March 25, 2008 Well, its just not the steel industry to acquire an Overseas company, TATA steel who acquired Corus Steel, the largest deal ever an Indian company to acquire an UK company. The Auto Industry has stuck the next largest deal, TATA Motors to buy JLR (Jaguar & Land Rover) to an estimated price of $2.65 bn. Well the sign off is expected tomorrow once London wakes up for the morning. Experts believe that TATA is paying slightly paying more than the actual worth of JLR anyways its the TATA group who has done it again to acquire an UK company. After the acquisition, TATA motors can really be an international company having the product range from basic Nano to luxury Jaguar and Land Rover! Congrats Mr Ratan Tata, Way to go!!! harryccc2008-03-25 12:25:00 Link to comment Share on other sites More sharing options...
octane_100 Posted March 25, 2008 Report Share Posted March 25, 2008 Well' date=' its just not the steel industry to acquire an Overseas company, TATA steel who acquired Corus Steel, the largest deal ever an Indian company to acquire an UK company. The Auto Industry has stuck the next largest deal, TATA Motors to buy JLR (Jaguar & Land Rover) to an estimated price of $2.65 bn. Well the sign off is expected tomorrow once London wakes up for the morning. Experts believe that TATA is paying slightly paying more than the actual worth of JLR anyways its the TATA group who has done it again to acquire an UK company. After the acquisition, TATA motors can really be an international company having the product range from basic Nano to luxury Jaguar and Land Rover! Congrats Mr Ratan Tata, Way to go!!! [/quote'] Actually work for Tata begins now.... buying them was the easy part; running them successfully is the tough one!! Link to comment Share on other sites More sharing options...
AdityaM Posted March 25, 2008 Report Share Posted March 25, 2008 I think TML is more interested in the intellectual property than the actual brands. Still, whatever may be the reason : WAY TO GO!!! Link to comment Share on other sites More sharing options...
anjan_c2007 Posted March 26, 2008 Report Share Posted March 26, 2008 Source Rediffnews March 26, 2008 11:04 IST Homegrown auto major Tata Motors has clinched the Jaguar and Land Rover (JLR) deal estimated to be valued between $2-2.5 billion. According to sources close to the development, the deal was signed last evening and is estimated to have cost the Tatas between $2-2.5 billion. When contacted a Tata Motors spokesperson said the company would make an announcement at an "appropriate time". Ford on the other hand has been insisting that they would make public the deal only after it has informed its employees. The sources said the formal announcement of the deal is likely to be made at 5.30 pm IST. The deal has taken almost nine months to finalise as both Ford and Tata and their financiers sought to iron out issues seen as crucial to the future of the two British marques. It is expected to cover long-term supply of engines to both brands from Ford. Link to comment Share on other sites More sharing options...
anjan_c2007 Posted March 26, 2008 Report Share Posted March 26, 2008 Source Rediffnews Tata Motors has emerged as the frontrunner in the race to acquire two of Britain's premier car marquees, Jaguar and Land Rover. So what are these two iconic brands all about? Here's a peek into their colourful history: A perfect 'rags to riches' story started when Bill Lyons, a British motorcycle enthusiast met William Walmsley in Blackpool, England. Jaguar, one of the world's greatest automotive names, renowned for style, tradition, performance and quality, started its journey from Swallow Sidecar Company, a small factory manufacturing stylish sidecars for motor cycles. The factory started in September 1922 with a bank overdraft of pound 1,000. The Rover Company started off in the mid-1800s selling sewing machines and then 'safety' tricycles and bicycles. By the 1930s, it had evolved into a car company but was hit badly by the The Great Depression. In common with many British industrial companies during World War II, its factories were turned over to the war effort and produced engines for tanks and aircraft. Link to comment Share on other sites More sharing options...
Zavo Posted March 26, 2008 Report Share Posted March 26, 2008 Hahahahhaha... WAY TO GO TATA!!!( I can't believe I just said that!!) I bet there are a lot of "GORA SAABS" that are mighty ticked off that an Indian company has bought over the two most quintessential British Marques. So does that mean we now see the Jaguar logo's on INDICARS??To hell with the Queen.. GOD SAVE US ALL!!! Link to comment Share on other sites More sharing options...
rssh Posted March 26, 2008 Report Share Posted March 26, 2008 Wow ! but how will Tata cope up with such a loss making company.? Link to comment Share on other sites More sharing options...
anjan_c2007 Posted March 26, 2008 Report Share Posted March 26, 2008 Is that the beginning of the Indian rule in the U.K.- history repeats.Hats off to the Tatas! Link to comment Share on other sites More sharing options...
harryccc Posted March 26, 2008 Author Report Share Posted March 26, 2008 latest update: the price is going to be less than $2.5bn Link to comment Share on other sites More sharing options...
Durango Dude Posted March 26, 2008 Report Share Posted March 26, 2008 Hahahahhaha... WAY TO GO TATA!!!( I can't believe I just said that!!) I bet there are a lot of "GORA SAABS" that are mighty ticked off that an Indian company has bought over the two most quintessential British Marques. So does that mean we now see the Jaguar logo's on INDICARS??To hell with the Queen.. GOD SAVE US ALL!!! When a Malaysian company can have a tryst with Lamborghini, why not The Tata's....So now we can see the Indica's with a 'Jagged Edge'....hope refinement, NVH and performance level brushes of on the Tata Products...reliability, though, of Jag is ??....there's a saying..'Jags come with a mechanic in the boot'. The next Safari would a 2 gen old Defender...if thats so..I'll start saving now... Link to comment Share on other sites More sharing options...
AdityaM Posted March 26, 2008 Report Share Posted March 26, 2008 BTW, how many of you think that the Tatas paid a bit too much for JLR? I doubt,if today they wanted to sell it again, they would get more than a Billion as an offer. Opinions?!! Link to comment Share on other sites More sharing options...
bluesapphire Posted March 27, 2008 Report Share Posted March 27, 2008 Way to go TATA...i think they will improve their product after seeing work of JLR...i know TATA's product are on earth and latter in the sky but still something can be improved.. Link to comment Share on other sites More sharing options...
FuelRunGod Posted March 27, 2008 Report Share Posted March 27, 2008 Threads Merged. FRG Link to comment Share on other sites More sharing options...
katalysm76 Posted March 27, 2008 Report Share Posted March 27, 2008 Thats just gr8 TATA's ...i think they have improve their product, like the other day i too the TD for the Tata grande, its much better than the sumo. i've written a review if u guys would like to chk it out..... http://talkingabouttorque.wordpress.com/ Link to comment Share on other sites More sharing options...
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