Tata Purchase of Jaguar-Land Rover a Dicey Gambit - Bloomberg

[RSS News Robot]

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Tata Purchase of Jaguar-Land Rover a Dicey Gambit (http://news.google.com.au/news/url'sa=T&ct=au/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26refer%3Dcolumnist_levin%26 sid%3DaJ7_7W2KcMeU&cid=0&ei=WZ_4R_bfKoPkrQO0m9XEAw&usg=AFrqEzdKZEoPBxxrZE3JS-gvZz_hyuttQw)
Bloomberg - 3 Apr 2008
April 3 (Bloomberg) -- Count investors among the wary in regard to Tata Motors Ltd.&#39;s $2.3 billion agreement to buy Jaguar and Land Rover from Ford Motor ...


More... (http://news.google.com.au/news/url'sa=T&ct=au/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26refer%3Dcolumnist_levin%26 sid%3DaJ7_7W2KcMeU&cid=0&ei=WZ_4R_bfKoPkrQO0m9XEAw&usg=AFrqEzdKZEoPBxxrZE3JS-gvZz_hyuttQw)

[Diego Luego]

I think that Bloomberg is taking a very US-centric view of this. I get the impression that Tata knows exactly what it is doing. The purchase to them represents a cheap (yes cheap!) way of gaining access to cutting edge auto technology.

I fear for the Defender though, Tata already produces it's own military 4wd.