Thursday, August 30, 2007

A Tata Jaguar X-type anyone?

Ratan Tata, Chairman of the Tata group plans a major boost to his portfolio of companies with an intent to bid for world renowned automotive brands Jaguar and Land Rover.

Tata already has an impressive list of international acquisitions under its belt that include the Teltey group of United Kingdom, Daewoo Commercial Vehicle Co. of South Korea, Eight O'clock Coffe of the US and Corus Group of Britain.

The purchase will give Tata's automotive group access to networks, factories and expertise to further develop its own automotive line in India, which by most standards has not had a stellar market performance.

No word if Tata will tag its name on to the models, somehow Tata Jaguar and Tata Land Rover just dont have a ring to it!

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