It appears not everyone is thrilled with the idea of Tata buying Land Rover and Jaguar, as number of Tata shareholders are dumping their stock at the thought of this deal going through. The feeling is Tata should concentrate on investing in India with cheap products like the Nano, and not in taking over expensive import brands like Jaguar and Land Rover. There's also a rumor out that Tata really only wants Land Rover and not Jaguar. So if the deal does go through, they may end up selling Jaguar...
Stay tuned folks. This ain't over yet...
Here's AutoObserver's take: Tata Shareholders Not Thrilled with Proposed Jaguar, Land Rover Purchase
Here's AutoObserver's take: Tata Shareholders Not Thrilled with Proposed Jaguar, Land Rover Purchase
estreka says:
02:06 PM, 02/21/08
Either Jaguar or Land Rover would be a challenge for any company to turn around. It's monumentally harder to change both.
texases says:
02:06 PM, 02/21/08
Sure isn't clear to me that Rover/Jaguar would be a good investment, for anybody. See all the money Ford made;)