Tata Motors Makes a Play for Jaguar; Soon to Be a Major Motion Picture?

tata motors makes a play for jaguar soon to be a major motion picture

Who would have guessed the spoils of war had a nasty aftertaste? While Lord Dalhouise had the honor (honour?) of claiming India's legendary Kohinoor Diamond for the Queen in 1851, the Era of Globalization threatens to take UK's automotive crown jewel as reparations. India's Tata Motors currently has "absolutely no comments to make" about the prospect of bidding for Jaguar, but the estimated bid of 1.5 billion dollars for both the mighty Jaguar/Land Rover has the Times of India thinking otherwise. Its just a matter of time before this becomes a Bollywood love story.

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  • Sajeev Mehta Sajeev Mehta on Jul 31, 2007

    Last I heard the total capital invested in Jaguar (alone) was over 10 billion. And now the going offers are 1.5b? Major ouchie. Then again, if this was any other industry, a (consistently) poor performing acquisition would have been dumped many, many years ago...not when bankruptcy looms overhead.

  • Sherman Lin Sherman Lin on Jul 31, 2007

    10 billion dollars invested, and now perhaps being sold fpr 1.5 billion dollars. Yet the UAW is somehow blamed for Ford going down the tubes.

  • Sajeev Mehta Sajeev Mehta on Jul 31, 2007

    Well there's plenty of (justified) blame to go around. :-)

  • Dynamic88 Dynamic88 on Jul 31, 2007

    "10 billion dollars invested, and now perhaps being sold fpr 1.5 billion dollars. Yet the UAW is somehow blamed for Ford going down the tubes." Thank you.

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