13th September 2007, 12:04
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#64 (permalink)
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| BHPian
Join Date: Feb 2007 Location: Delhi
Posts: 352
| Italian car maker Fiat is ready to lend technical support to Indian partner TATA in an eventual bid for Land Rover and Jaguar, the premium brands which Ford Motor is putting up for sale. “If Tata is interested in Jaguar and Land Rover, we are ready to provide technical support,” a Fiat spokesman told reporters attending the Frankfurt International Motor Show.
The spokesman clarified a comment made to reporters earlier in the day by Fiat chief executive Sergio Marchionne during a tour of the exhibits set up by the automaker’s various brands. In response to a question about Fiat’s interest in Land Rover and Jaguar through a Tata bid, Marchionne had joked: “For completely different reasons, we are interested in both.” Last weekend, Fiat chairman Luca Cordero di Montezemolo had told reporters that the Italian automaker was not interested in the two British-based brands. Link
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