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Originally Posted by Mpower Expected price of $1.5 billion is fairly affordable for TATA. They need to understand that Jag and LR depend on Ford for engines and transmission and how will they manage after the umbirical cord is cut off. |
Win-Win for Ford - they get rid of the hassle of RUNNING the business, but they still get business by way of supplying engines.
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Originally Posted by ram First Proton goes to Malaysia and then Rover cars goes to China. Now India's turn? |
You mean Lotus goes to Malaysia, dont you?
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Originally Posted by ram Tata may actually finance a bid with JV partner Fiat.
There are also reports Ford may sell Volvo of Sweden.
Where is Ford heading and why? |
Fiat have indicated they are not interested.
Ford needs cash. Volvo, Jag and LR together will get them about $10 Billion. Now thats a lot of money.
Wonder when they will get rid of the Mazda stake too.