Jaguar and Land Rover: From Ford to Tata

Jaguar and Land Rover: From Ford to Tata

London (ABC Live): India’s Tata Motors and United Kingdom’s Ford are in their final lap to announce Jaguar and Land Rover deal.

London (ABC Live): India’s Tata Motors and United Kingdom’s Ford are in their final lap to announce Jaguar and Land Rover deal.

The speculations about much awaited Auto deal are high in Business circles in Landon and as well as in India.

The amount which Indian Auto giant Tata Motors offered to Ford for its Jaguar and Land Rover models is said to be $2.7 billion, a person closely linked with this deal told ABC Live.

The reliable sources also shared that Tata is also negotiating with Ford on long time supply contracts.

Our on deal correspondent Philips Lewis reported from London that these two brands may be transferred to Tata for nearly $2 billion the half Amount which Ford had paid in Year 1989 to acquire Jaguar and Land Rover in 2000.

The Tata Acquiring News has little bit impact on Share value of Ford which remained unchanged $5.96 in day when there was up for auto sector in New York trading market.

Who Ford want to sell Jaguar and Land Rover?

Ford recorded $12.6 billion, loss its balance sheet for year 2006 this came down to $2.7 billion loss in 2007.

This sever shocks were due to wrong investment decisions made Ford in last pervious years starting from Acquiring Jaguar and Land Rovers in 1989 and 2000 respectively As these were made on over valued.

Will Tata be benefited by Jaguar and Land Rover deal?

Tata can learn from Ford, a global auto giant that how big acquisitions can derail your fortune.

Tata is until now dealing with public transport carriers and low ‘Nano’ to middle level personal vehicles.

These international heavy personal auto brands can boot its Tata chances in full potential Indian domestic markets for heavy personal vehicles.

Tata can explore these brands for Security forces as their rough and tough configuration and look suits them.

Expert inputs on deal from ABC Live London Based Correspondent Philips Lewis