http://news.yahoo.com/s/ap/20080326/ap_on_bi_ge/ford_jaguar

Quote :

"Ford Motor Co. is selling its storied Jaguar and Land Rover businesses to India's Tata Motors Ltd. in a deal that will net the U.S. automaker $1.7 billion — roughly a third of the price it paid for the two luxury brands. The deal announced Wednesday will expand the Indian carmaker's reach around the globe and give Jaguar and Land Rover badly needed capital to update and expand their product lines. The sale had been in the works for months as cash-strapped Ford sought money to fund its turnaround plan. Tata will pay $2.3 billion for the British brands, but Ford will pay about $600 million into the Jaguar-Land Rover pension fund when the deal closes, Tata's statement said. Ford bought Jaguar for $2.5 billion in 1989 and Land Rover for $2.7 billion in 2000. But the Dearborn-based automaker has been struggling and wants to focus on its main brands. Selling the companies at such a loss clearly shows buying them was a mistake for Ford, said Erich Merkle, vice president of auto industry forecasting for the consulting company IRN Inc. in Grand Rapids. Jaguar never has made a profit under Ford, Merkle said. "

"You have to appreciate the irony of an Indian car company buying Jaguar and Land Rover."

3/26/2008 7:25:23 PM

They want to bring back the F-Type.

Bring it on!

3/26/2008 7:26:45 PM

{OLD AS SHIT}

3/26/2008 8:08:33 PM

deal was announced today, ok.

yes, it has been in the press for a while, but it officially happened today.

3/26/2008 8:22:35 PM

everyone has known this was happening for almost 6 months, so stfu gunga din!

3/26/2008 8:26:47 PM

which Indian company is it that is making the 2500 dollar car that gets such good gas mileage? I'd love to see one in the US

3/26/2008 9:10:07 PM

this same one.
Tata

3/26/2008 9:20:49 PM

^^ No you wouldn't. That Tata car in the news recently is shit on 4 wheels. Poor gas mileage(for the size), horrendous emisions, horrible quality, and crumples like a piece of paper in a crash. There's a reason they don't sell it here in the US...we have laws that keep that kind of shit off the roads. Any american car made in the last 20 years is better.

Buying these british automakers is just putting the brown gooey icing on a shit cake.

[Edited on March 26, 2008 at 9:55 PM. Reason : .]

3/26/2008 9:53:36 PM

^^^^ get some english lessons gunga din!

What Happens Next at Land Rover and Jaguar?
Post-Tata predictions

Quote :

"Now that Tata Motors has firmed up a deal with Ford to acquire Land Rover and Jaguar, the Indian company can set their eyes on the future. With Ford agreeing to supply the two brands for the next quarter, Tata can work a little more on long term planning for the two new brands without sacrificing efforts to become ready for their acquisitions. AutoWeek has published a timeline for the two companies through 2016. We begin first with 2009, where it looks like the Jaguar XFR and XKR will continue on, as planned, with a new 5.0-liter V8. The direct-injection petrol engine will be available with a supercharger, getting up to 500 horsepower. 380 hp for the naturally aspirated engine. Meanwhile, over at Land Rover, the updated Range Rover and Range Rover Sport will also get the new V8s from Jaguar. Both Range Rovers will get a bit of an overhaul inside, with new instruments and trim. 2010 should see the entrance of an updated Jaguar XJ, as the X-Type gets put to pasture. Keeping its elite status feel, the XJ will give driver and passengers a bit more room inside. The X-Type, which never quite got the fan base Jaguar expected, will likely go away as the new decade begins. A facelift is also coming to the Land Rover LR3, with an updated interior being included. Upgrades will include a new console and instrument panel. The previously mentioned naturally-aspirated 380 hp V8 will likely be found on this SUV. A production version of the Land Rover LRX concept should become the sixth model in Land Rover's 2011 lineup. Meant to compete against the MINI Cooper and Audi TT, the diminutive three-door could be a home run for Tata if the current supermini consumers decide they need a slightly bigger vehicle. Aiming for a $50,000 price point, the production version of the two-seat Jaguar F-Type concept could see its debut in 2012. With Tata at the helm, it would not be surprising to see this car fast tracked and possibly released in 2011. We also would not be surprised to see a new concept or prototype of this car in 2010. 2012 may aso see a seven-seat version of the Land Rover LRX, but meant to keep a bit of sex appeal. Five years fron now, we would like to see the Jaguar XF Coupe. This could come in 2013, but Tata could also red light the project. At Ford-owned Jaguar, the car was based more on the C-XF concept as a short hardtop. A brand new Range Rover is due out in 2013. Expected to be larger but sportier, design of a new Range Rover could still be modified by the new owners. AutoWeek seems to think a $200,000 Range Rover with alloy body and hybrid powertrain is not unlikely. The all-new Jaguar XF should show up in 2014 with an alloy body. An all-new Range Rover Sport will likely appear this year as well, but with an aluminum body. Land Rover may introduce the all-new Land Rover Defender this year as well, with Tata planning on putting forth a simple 4x4 for developing markets. Tata could also create a similar 4x4 under the Tata moniker, and share platforms. Over the 2015-2016 two-year period, Tata should bring us an all-new Jaguar XJ to replace 2010's facelifted the Jaguar XJ. An all-new Land Rover LR3 may come out this year as well."

3/27/2008 12:50:25 PM

Quote :

"^^ No you wouldn't. That Tata car in the news recently is shit on 4 wheels. Poor gas mileage(for the size), horrendous emisions, horrible quality, and crumples like a piece of paper in a crash. There's a reason they don't sell it here in the US...we have laws that keep that kind of shit off the roads. Any american car made in the last 20 years is better. Buying these british automakers is just putting the brown gooey icing on a shit cake."

It's idiots like you who are running GM and Ford to ground......you have no clue what Tata group is capable of.

3/28/2008 12:26:19 AM

will they still be donating $1k per sale to the gays?

3/28/2008 12:39:18 AM

whaaaaat?

3/28/2008 12:49:27 AM

Lol..who did that...Land Rover or Jaguar?

3/28/2008 1:01:41 AM

both. this started like 3 years ago. ford and its underlings have an extensive history of supporting gay/lesbian causes.

Quote :

"Moreover, last year for every Jaguar or Land Rover purchased, Ford pledged to give up to $1,000 to the Gay and Lesbian Alliance Against Defamation. In similar fashion in the past, Ford’s Volvo division donated $500 to HRC for every vehicle purchased or leased."

3/28/2008 9:58:48 PM

Imagine if Jaguar makes this:

[it looks like a cross between the new Ferrari California and the S2000]

2012 Jaguar F-Type

5/14/2008 11:33:47 AM

it will look outdated by 2012

5/14/2008 12:45:17 PM

5/14/2008 12:46:32 PM

it looks more like the Lexus IS-F to me

5/14/2008 12:50:32 PM

I actually like the new XF, it doesn't look like a 10 yr old car.

5/14/2008 1:24:24 PM

i aint buyin no car from a cumpny that cant figure out which side to put the steering wheel on. what a bunch of morans.

5/14/2008 1:34:57 PM

Speaking of Indian transport, is anyone familiar with Royal Enfield motorcycles? Basically the brits left behind a factory when they left in 1947 and the Indians are still making 40s style bikes there. When I was over there it was pretty clear that Enfields are like Harleys to them.

You can get them cheap as shit here, but I've heard mixed things about reliability and quality control.

5/14/2008 3:52:07 PM

Quote :

"2012 Jaguar F-Type"

Looks like a Miata.

5/14/2008 5:39:17 PM

Quote :

"Imagine if Jaguar makes this: [it looks like a cross between the new Ferrari California and the S2000] 2012 Jaguar F-Type "

You sure thats not a Honda S2010?

5/14/2008 6:03:38 PM

Quote :

"both. this started like 3 years ago. ford and its underlings have an extensive history of supporting gay/lesbian causes. "

source???


this may explain some things....

5/14/2008 6:49:32 PM

4^

Enfield is an awesome bike. Cops use it in some cities in india. Pretty reliable and cheap compared to harleys.

http://www.royalenfield.com/app/IN/

5/14/2008 7:07:13 PM

Oh yeah, a hell of a lot cheaper than a Harley.

I just meant that over there most motorcycles are shitty bikes that have been beat to hell whereas Royal Enfields are the ones that you see sitting in front of nice houses with tons of custom chrome.

I've actually considered getting a new Enfield instead of trying to find an older Triumph that will need tons of work and cost over $10k in the long run.

5/14/2008 7:51:48 PM

if Jaguar came out with that nice F-type for 2009 models that actually performed decent... they'd probably have a winner. Four years from now??? yeah... nvm

5/14/2008 10:20:28 PM