Tata may win by default

[Pedro_The_Swift]

After reading all the LR-Jag news this morning,,(and its worth a read,,)
this part stands out---


In the end, Rhys says, an auto company like Jaguar -- which marries an illustrious history with as a perfectly awful profit-and-loss statement -- is an example of the greater fool theory. The next buyers will be "one set of characters who think they can do what everybody else failed to do" -- turn Jaguar into a sustaining enterprise.
Perhaps that is why Mercedes-Benz, BMW, Audi, Porsche, et. al, have remained on the sidelines during the bidding.
At least they will be getting it at a good price. The Financial Times reports that with an outstanding pension deficit at the two companies of more than $2 billion, Ford may have to pay a buyer to take Jaguar and Land Rover off its hands. https://www.aulro.com/afvb/images/imported/2007/11/250.jpg (http://money.cnn.com/2007/11/06/magazines/fortune/motorworld1106.fortune/?postversion=2007110808#TOP)

[JohnE]

Yay bring on the curry burners. Why not there economy is booming.




john

[Pedro_The_Swift]

The biggest car company in the world had 18 years to make Jag successfull,, and failed dismally,, even splicing all the backroom costs with LR didnt work,,

[JohnE]

Yes mate, makes you wonder doesn;t it, trading in a name or just trying to flog a useless dead horse.




john

[RonMcGr]

The biggest car company in the world had 18 years to make Jag successfull,, and failed dismally,, even splicing all the backroom costs with LR didnt work,,

Ford's biggest problem is they leaned to heavily against their "SUV" market, when the cost of fuel was rising.

On top of that their US made cars are very ordinary, making sales in both ranges dreadfull.

[shorty943]

If some body doesn't rescue them maybe we will have to say Tata to LR?

At least their not talking Lada.

[Michael2]

I suppose if Tata buy Jag / LR, then they can use in-house engines instead of the Ford 2.4.

That should see us with a TDV6 Defender - finally.

[HangOver]

I suppose if Tata buy Jag / LR, then they can use in-house engines instead of the Ford 2.4.

That should see us with a TDV6 Defender - finally.


Wasn't one of Fords conditions of sale that they must be able to continue to supply the engines?

[Cam]

The TDV6 is a Ford (& Peugeot) unit anyway.....

[DirtyDawg]

I suppose if Tata buy Jag / LR, then they can use in-house engines instead of the Ford 2.4.

That should see us with a TDV6 Defender - finally.

Mmmmm what a great thought....a decent powerplant for the Deefer