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Members: 19,821 | Total Threads: 40,098 | Total Posts: 471,153 Currently Active Users: 12382 (1 members and 12381 guests) Welcome to our newest member, BuddyInons |
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#1 | |
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4 Ring Mafia
Classic Audi Club Member
Join Date: Jul 2007
Location: on the side of a hill in Shropshire!
Posts: 28,215
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![]() According to a report from UK newspaper “The Birmingham Post”, India’s Tata Motors will announce today the acquisition of Jaguar and Land Rover from Ford Motor Company. The report says that Ford has accepted Tata Motors’ £ 1 billion bid ($ 1.98 billion). An unnamed Land Rover source told the newspaper that the deal is as good as done and that negotiations are expected to be completed in the next six weeks before the sale is completed. Ford had bought Jaguar in 1989 for £1.6 billion and paid £1.7 billion for Land Rover in 2000. The two companies were part of Ford’s “Premier Automotive Group” that also included Aston Martin and Volvo. However, Aston Martin was sold to a consortium led by Prodrive’s David Richards for 925 million USD back in March. We’ll have more on this breaking story as it evolves during the day. |
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#2 |
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4 ring whore!
Classic Audi Club Member
Join Date: Jul 2007
Location: Sissix-by-the-sea
Posts: 15,218
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New Jaguar XJ during secret handling tests
![]() New Land Rover Discovery during secret handling tests ![]()
__________________
1985 WR quattro, 1985 20vT RallyRep, 1993 MTM ABY S2 Avant. 2010 S3 Sportback.
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#3 |
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4 Ring Mafia
Classic Audi Club Member
Join Date: Jul 2007
Location: on the side of a hill in Shropshire!
Posts: 28,215
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Joking aside, let's hope that Tata (who are a massive company) can actually give Jaguar the financial boost it needs to get it back on track to be world leaders un the luxury saloon car market again as we seem to be pretty crap in the UK when it comes to keeping a good car alive!
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#4 |
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4 Ring Mafia
Classic Audi Club Member
Join Date: Jul 2007
Location: on the side of a hill in Shropshire!
Posts: 28,215
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my mate works at Jag and this has been spotted scrawled on one of the toilet walls there!
"We've had the cowboys, bring on the indians!!" ![]() |
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