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Thread: Tata may win by default

  1. 9th November 2007, 06:21 AM #1
    Pedro_The_Swift's Avatar
    Pedro_The_Swift
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    Tata may win by default

    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.
    Last edited by Pedro_The_Swift; 9th November 2007 at 06:28 AM.
    "How long since you've visited The Good Oil?"

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  2. 9th November 2007, 06:23 AM #2
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    Yay bring on the curry burners. Why not there economy is booming.




    john
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  3. 9th November 2007, 06:28 AM #3
    Pedro_The_Swift's Avatar
    Pedro_The_Swift
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    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,,
    "How long since you've visited The Good Oil?"

    '93 V8 Rossi
    '97 to '07. sold.
    '01 V8 D2
    '06 to 10. written off.
    '03 4.6 V8 HSE D2a with Tornado ECM
    '10 to '21
    '16.5 RRS SDV8
    '21 to Infinity and Beyond!

    1988 Isuzu Bus. V10 15L NA Diesel
    Home is where you park it..

    [IMG][/IMG]
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  4. 9th November 2007, 06:44 AM #4
    JohnE's Avatar
    JohnE
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    Yes mate, makes you wonder doesn;t it, trading in a name or just trying to flog a useless dead horse.




    john
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  5. 9th November 2007, 07:45 AM #5
    RonMcGr Guest
    Quote Originally Posted by Pedro_The_Swift View Post
    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.
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  6. 9th November 2007, 07:46 AM #6
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    shorty943
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    If some body doesn't rescue them maybe we will have to say Tata to LR?

    At least their not talking Lada.
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  7. 9th November 2007, 04:55 PM #7
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    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.
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  8. 9th November 2007, 10:39 PM #8
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    Quote Originally Posted by Michael2 View Post
    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?
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  9. 9th November 2007, 10:47 PM #9
    Cam Guest
    The TDV6 is a Ford (& Peugeot) unit anyway.....
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  10. 10th November 2007, 03:17 AM #10
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    DirtyDawg
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    Quote Originally Posted by Michael2 View Post
    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
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