Tata Motors Makes a Play for Jaguar; Soon to Be a Major Motion Picture?
by
Sajeev Mehta
Published: July 30th, 2007
Share
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.
More by Sajeev Mehta
Comments
Join the conversation
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.
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.
Well there's plenty of (justified) blame to go around. :-)
"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.