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vvelez
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22
Tata to buy Jaguar!
vvelez
submitted on 10/01/2007
Official AutoSpies Timestamp: 4:50 PM
from: biz.yahoo.com
[30] user comments
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Tags: You gotta be Sh!tt!n me
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You gotta be Sh!tt!n me
Tata to buy Jaguar!
Indian company Jaguar is said to be in the top position to buy Jaguar alongside with Land Rover for around $3 Billion. Though Tata is considered to distribute one of the least expensive automobiles around the world it is the 3rd most richest car company in the world.
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jt716
- 10/1/2007 5:21:38 PM
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+3 Boost
Nooo
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EnnNorak
- 10/2/2007 10:12:21 AM
-1 Boost
I'm so glad. Maybe now we can finally get a Jag with adequate rear leg room and a more competitive price.
Jagexpert2
- 10/2/2007 10:43:53 PM
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+3 Boost
The XJL has more leg room than the 7 series and the s clas and the audi A8 etc etc etc .... Ugghhh!
EnnNorak
- 10/4/2007 7:32:17 PM
0 Boost
Jagexpert2, did you actually sit in the back of one. I did and was not happy. If you believe the bochures then you are correct but it sure did not feel that way when I looked at the A8L, S and JXL the same day. The audi A8L seemed to have the most rear leg room. and the Jag the least. I don't believe bochures any more since BMW sent me a 6-series brochure (printed in Germany) and it had the dimensional drawing of the 3 instead of the 5. Best to take a tape measure to the showroom and check it yourself.
david999
- 10/1/2007 5:32:54 PM
+1 Boost
Maybe the rumors are true that the Jaguar nameplate will not exist anymore on their vehicles.
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Porschinator
- 10/1/2007 5:50:47 PM
+4 Boost
Sad how two British auto icons are reduced to being bought and sold repeatedly. Would be a death nail if Tata rebadge Jags!!!
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Designer1
- 10/2/2007 12:48:21 AM
+2 Boost
I agree, shame to Jaguar!
EnvyofyouRS5
- 10/1/2007 6:32:07 PM
+1 Boost
i couldnt even bare think of their model line ups. a jag SUV maybe? this is the worst news ive heard in a while, and ive heard some bad news.
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kart1
- 10/1/2007 6:45:42 PM
+1 Boost
It's kind of funny, I would say that ^^^ is the attitude that gets many big companies in trouble, ignorance brought huge losses to the American car companies and death to the British industry, but you guys are entitled to your opinions. Oh btw, EnvyofyouRS5 an SUV may bring in the sales needed. I know that you'll probably say that Jaguar shouldn't make suv's and all, but if it sells then it needs to be done (A company from any country would probably take this step, you have to do what you need to sell cars).
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kart1
- 10/1/2007 6:50:56 PM
+2 Boost
I want to add that I don't want to see TATA buying Jaguar btw, I don't think that it would be the right thing to do because Jag is in so deep.
supermoto
- 10/1/2007 7:15:42 PM
+1 Boost
Just sad. I forsee Jaguar disappearing as a brand shortly. Hopefully it the brand gets revitalized down the road by VW or BMW. Just look at how well the Mini, Lamborghini, and Bentley brands have done since new ownership. Some of the hottest cars out there nowadays.
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528i
- 10/1/2007 7:19:47 PM
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+1 Boost
yep, now wait for Land Rover sedan and a Jaguar SUV.
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EnvyofyouRS5
- 10/1/2007 7:21:12 PM
+2 Boost
Kart, who are you to say what the stats are on the american and euro companies, and then not back up, and call people ignorant. If i remember correctly audi has had record sales along with bmw and mercedes, and continually best that record monthly(so far). OH Kart 1 BTW lets have a company who doesnt sell SUVs or even stand for SUV's produce one. Sell out i believe is the word? but on a bigger and more educated opinionated note,
i would just Offer low to profitable brands like Mercedes maybe even audi(although i think benz would be a better choice)to save themselves.Thus not losing any dignity(not that tata doesnt have any, but it certainly has no background or near prestige as jaguar)Therefor retaining the brand without going out out of line and style, which is what jag reps.
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kart1
- 10/1/2007 8:18:24 PM
+1 Boost
Ok First of all I did not say European companies, maybe you cant read either. I said American and British car industry. Now I apologize if I have to point out to you that the American companies (GM, Ford, and Chrysler) are not making profits because of their ignorance - or weren't making profits till now. I also apologize if I have to point out that none of British car companies are owned by British citizens. CAN SOME ONE TELL ME WHETHER I NEED TO HAVE STATS TO PROVE THAT PART.
kart1
- 10/1/2007 8:32:48 PM
+1 Boost
Finally, we have seen Porsche sucessfully sell SUVs, will you say that Porsche is not a profitable company, I am saying this to show that selling SUV's is not a bad decision because SUV's provide what people want. Now about the selling out part, I did refer to that and that is what I meant by saying "You have to do what you need to sell cars." Selling to MB might be a better choice because MB has more prestige. However, MB may not have the better chance to save Jaguar considering the situation they are in when looking at the recent separation with Chrysler.
At the end I would like to say that I do not provide stats for something that is and has been all over the news.
kart1
- 10/1/2007 8:35:55 PM
+1 Boost
About the British car companies, I do know Aston Martin is owned by Britons, but that happened recently so I was referring to the trend which occured earlier.
cdoke
- 10/1/2007 11:25:39 PM
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+1 Boost
"will you say that Porsche is not a profitable company, I am saying this to show that selling SUV's is not a bad decision because SUV's provide what people want."
Porsche is selling SUV's BECAUSE they are profitable. They had extra cash around and chose to develop non-traditional product. Jaguar, thank goodness, does not have that luxury- they are now focusing on what makes a Jaguar a Jaguar (supposedly) and do not have the capacity to be bothered with ancillary matters such as an SUV. Its not going to happen.
cdoke
- 10/1/2007 8:50:45 PM
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+1 Boost
MMMMRRRRRRRRRRRR.......
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cdoke
- 10/1/2007 8:55:37 PM
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+1 Boost
I will willingly live in a state of denial until such time as it has been confimed, and perhaps after that. for good measure.
I do not approve of this.
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cdoke
- 10/1/2007 9:32:44 PM
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+1 Boost
I don't know who the fool is that posted the headline for this, but that is not what the article states. In fact, it frankly states it would be a rather poor decision on the part of Tata.
I don't post information on this on autospies- it is generally not important, but I do keep up with it. The present state of things is as follows: apparentley Mahindra and Mahindra as well as Cerberus have bowed out. There is a new bidder, the private equity firm Terra Firma which recently acquired EMI.
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DaHarder
- 10/1/2007 10:21:29 PM
+3 Boost
"Indian company Jaguar is said to be in the top position to buy Jaguar"
Hint: It's called proofreading...
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bokuchin
- 10/1/2007 11:14:27 PM
+3 Boost
i'm in a bit of a hurry so correct me if im wrong, but "The group's automotive unit, Tata Motors (NYSE:TTM), India's third largest carmaker, is virtually debt-free after stripping out its vehicle finance business."....... INDIA'S third largest carmaker, not the world. just thought to point that out
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JUGNU
- 10/2/2007 7:27:22 AM
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+1 Boost
Oh my God.Please God don't let this happen.
JUGNU
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autoadict
- 11/23/2007 3:15:39 PM
+1 Boost
what is the world coming to. this is the begining of the end of great cars and their legacy. Next you will hear BMW, VW, Daimler or Audi under Mahindra. I better be dead then PLEASE GOD!!!!!!!
bigj91
- 10/5/2007 10:55:50 AM
+1 Boost
hmm, i dont know what everybody thought with ford owning jag and land rover, i mean ford is only slightly highier in the food chain than tata, if you do not include the debt. As my british friend said, they would rather let an indian company own a british brand than "the americans". The hate just seeps out of all ignorant people here.
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Spectator
- 10/5/2007 1:50:51 PM
+1 Boost
I can't believe that with so many teenagers on this board, that noone even made the joke.
Jaguars are about to be made by tata's.
Come on people I'm old and even I think that's funny.
reply to this comment
autoadict
- 11/23/2007 3:20:39 PM
+1 Boost
I dont really care about the Jag having little legroom, I might as well complain about Lamborghini having such a powerful engine that with unreasonable consumption. But please, lets not disrespect brands that have provided us mortals with such beauties. I dread profenity on wheels. somebody tell me its not true.
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autoadict
- 11/23/2007 3:22:46 PM
+1 Boost
I never thought the names Jaguar, Landrover and TATA could one day be spoken in the same breath. My heart is burning
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