LAND ROVER AND JAG PURCHASED
LAND ROVER AND JAG PURCHASED
Birmingham Post
The Birmingham Post is reporting that there will be a rather major purchase announced as early as tomorrow and it involves a couple of the world's most recognizable car brands. Word is Tata Motors of India is buying Jaguar and Land Rover from Ford for a total of about $2 billion USD.
Ford has been shopping around for a buyer for some time now, so it's nice to hear about some sort of conclusion to all this drama. Tata Motors, all jokes aside about the name of the firm, is a company that is definitely on the rise in the worldwide market and by buying a couple of fairly well-respected brands, Tata could further establish itself as a worldwide leader.
Neither Ford nor Tata has confirmed any of these reports and the announcement may not even come tomorrow as Ford "has repeatedly said that a buyer will not be named until early next year."
The Birmingham Post is reporting that there will be a rather major purchase announced as early as tomorrow and it involves a couple of the world's most recognizable car brands. Word is Tata Motors of India is buying Jaguar and Land Rover from Ford for a total of about $2 billion USD.
Ford has been shopping around for a buyer for some time now, so it's nice to hear about some sort of conclusion to all this drama. Tata Motors, all jokes aside about the name of the firm, is a company that is definitely on the rise in the worldwide market and by buying a couple of fairly well-respected brands, Tata could further establish itself as a worldwide leader.
Neither Ford nor Tata has confirmed any of these reports and the announcement may not even come tomorrow as Ford "has repeatedly said that a buyer will not be named until early next year."
RE: LAND ROVER AND JAG PURCHASED
Wow really? I just heard about it yesterday when I stoped by LR to pick up a part. The way they were talking I sounded like it just went through.
My hope is that Tata will restore LR's reputation as a great off road vehicle and give us something to buy that is top of the line for off roading. Unlike the recent LR2.....
My hope is that Tata will restore LR's reputation as a great off road vehicle and give us something to buy that is top of the line for off roading. Unlike the recent LR2.....
Mudding
Joined: Jul 2007
Posts: 105
Likes: 0
From:
RE: LAND ROVER AND JAG PURCHASED
NPR said yesterday it was only Jaguar. Maybe they considered Jag and LR to be one and the same...Sure would be nice to see some change though.Maybe a retro version like what Toyota did with the FJ or what Jeep nearly did with the Gladiator Pick up. The American manufaturers are stalled in nothingness.
Recovery Vehicle
Joined: Sep 2007
Posts: 823
Likes: 75
RE: LAND ROVER AND JAG PURCHASED
I dunno, I thought L/R had a great reputation as an off-road capable vehicle. I've looked over the new LR3 thoroughly and I was really impressed with it's beefiness and stout. To me, the build quality looked great also. Reviews that I've read have been good. I think Ford did a great job redesigning the models. Previous models were utilizing some pretty old technology and construction materials compared to their competition. Now, they just need to work on thereliability.I think the larger issue is that there are so many more SUV-type vehicles out there, some that arealso very rugged and reliable and they came at a time when L/R took their eye off the ball for a time. They also suffered from a poor dealer network in the past, something I think thatForddid a lot to improve. I was suprised$2b was all the companies were worth. I read somewhere that it was actually a high price though.
As for the Toyota FJ retro-rig, I've seen quite a few on the road. They look pretty cooltoo and I was pretty excited about them. One day I went to the Toyota dealership and looked one over pretty carefully. Talk about a plasticy piece of crap! I own a decent early 80's Toyota 4x4 PU (the ones that are supposedly legendary in toughness) and I can tell you I didn't see anything tough about the new FJ other than it bore some physical resemblence to the FJ40. In fact, things they tried to make appear retro (like a solid front bumper) was just plastic painted up to look like metal. In terms of robustness, to me, I thought the running gear was somewhere between a Rav4 and an Explorer. A good city-slicker sidewalk rig. Is it just me, or has anyone else come away with this impression?If Tata does do a retro rig, all they need to do is tweak and promote the Defender. It's already a retro-rig! A cool one at that!
As for the Toyota FJ retro-rig, I've seen quite a few on the road. They look pretty cooltoo and I was pretty excited about them. One day I went to the Toyota dealership and looked one over pretty carefully. Talk about a plasticy piece of crap! I own a decent early 80's Toyota 4x4 PU (the ones that are supposedly legendary in toughness) and I can tell you I didn't see anything tough about the new FJ other than it bore some physical resemblence to the FJ40. In fact, things they tried to make appear retro (like a solid front bumper) was just plastic painted up to look like metal. In terms of robustness, to me, I thought the running gear was somewhere between a Rav4 and an Explorer. A good city-slicker sidewalk rig. Is it just me, or has anyone else come away with this impression?If Tata does do a retro rig, all they need to do is tweak and promote the Defender. It's already a retro-rig! A cool one at that!
RE: LAND ROVER AND JAG PURCHASED
I totally agree with you on the LR3. Its top of the line and really is a great vehicle for off road. My biggest thing is the restore the old off road market that LR used to have rather than having a huge market of soccer moms and gangsters. Hopefully (somehow) Tata will make some cool changes/upgrades that we like. But for now we are going to have to wait it out and see...
Thread
Thread Starter
Forum
Replies
Last Post
Danny Lee 97 Disco
Retired - Private For Sale/Trade Classifieds
3
Mar 30, 2012 01:45 PM
aimee.zhao007
Off Topic
0
Feb 1, 2009 12:54 AM