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Jaguar and Land Rover in Big Trouble as Tata on the Bubble

david999 submitted on 12/2/2008 Official Bell & Ross Timestamp: 2:30:07 PM

17 user comments | Category: Spy News | Source: | SOURCE: www.bloomberg.com

The slowdown in the car market hurts Tata Motors's business particularly hard as it lacks the brand to compete effectively,'' Govindarajan Chellappa, a Mumbai-based analyst at Credit Suisse, wrote in a note dated yesterday.

``Jaguar and Land Rover will also likely face severe demand contraction over the next year due to negative wealth effect.''

The automaker yesterday turned to the public to raise loans for the first time in 13 years as the credit crunch limits its ability to refinance $3 billion of bridge loans taken to buy Jaguar and Land Rover.



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david999

The Truth Hurts!

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User Comments

JUGNU

heard today that there was a big terrarist activity happened in India.

JUGNU

— JUGNU (View Profile)

Posted on 12/2/2008 2:54:00 PM | reply to this comment | Votes: 1   

Agent63

You meant Terrorist.

I was at the Taj Hotel a month ago and thankfully I wasn't there during these attacks. A member of my staff was there and they were running for their lives with their 3 year old child. As they were walking out of the lobby they had no shoes on, just bare feet, stepping on pools of blood.

Tragedy.

— Agent63 (View Profile)

Posted on 12/4/2008 1:40:05 PM | | Votes: 1   

supermoto

did you also hear today that there was a large 'terrarist' attack in 2001? Time to start reading the news more frequently.

— supermoto (View Profile)

Posted on 12/2/2008 2:57:57 PM | reply to this comment | Votes: 1   

M35MT

I hate how they dont break out their sales figures for NA anymore. I love numbers!

— M35MT (View Profile)

Posted on 12/2/2008 4:39:01 PM | reply to this comment | Votes: 0   

M35MT

I hate how they dont break out their sales figures for NA anymore. I love numbers!

— M35MT (View Profile)

Posted on 12/2/2008 4:39:02 PM | reply to this comment | Votes: 1   

Jagexpert2

M35 I am able to tell you that year to date Jaguar has sold 303 fewer cars in NA than last year less than a 2% decline. can't tell you my source but Jaguar is doing a lot better than anyone else in the market at holding onto sales.

— Jagexpert2 (View Profile)

Posted on 12/2/2008 6:58:09 PM | | Votes: 0   

truthpursuit

Time for jag to pull out of the U.S. their inferior.

— truthpursuit (View Profile)

Posted on 12/2/2008 7:48:31 PM | reply to this comment | Votes: 0   

Jagexpert2

your an idiot. Number 5 in Initial quality this year number 8 in long term dependability. Sales are still strong for a niche brand. have not lost sales year over year. who else can say that. also you don't see a lot of them because thats the freaking point. Its a niche brand that goes for higher margins like Porsche and it will do fine. This year Jag will sell around 70k cars for the world vs. 60K for last year how is that bad. Their goal is 100-120 k in sales. Thats all Porsche sells and they are the most profitable car company per unit in the world.

— Jagexpert2 (View Profile)

Posted on 12/2/2008 8:27:48 PM | | Votes: 0   

Jagexpert2

by the way it's not "their" it's "they're"

— Jagexpert2 (View Profile)

Posted on 12/2/2008 8:29:11 PM | reply to this comment | Votes: 0   

Jagexpert2

http://www.jaguarnewswire.com/2008/12/press-report-odriscoll-goal-rev-jaguar.html

Read this article maybe you will learn something

— Jagexpert2 (View Profile)

Posted on 12/2/2008 8:31:43 PM | reply to this comment | Votes: 0   

truthpursuit

YOU BETTER JUMP SHIP NOW,ITS SINKING.IF YOU STAYED THIS LONG YOU MUST BE A MORON.

— truthpursuit (View Profile)

Posted on 12/3/2008 11:20:02 AM | reply to this comment | Votes: -1   

Jagexpert2

Ok then from Moron to idiot. Lets talk facts not subjective opinion from someone that has no clue what he is talking about. If you are true to your name in search of truth. As any question you want or spin me a yarn to validate your rather simple statement based on nothing!

— Jagexpert2 (View Profile)

Posted on 12/3/2008 6:28:24 PM | reply to this comment | Votes: 0   

truthpursuit

If a company spends more money than they make,they lose money.Depending on how much money your company is losing,and how much you have in reserve,tells you how long you can stay in business.Jag has been losing money for several years that's why ford sold them.Now Tata is finding out why ford got rid of this loser car brand.I'm not saying the cars have no appeal but if you don't sell enough cars at a profit you lose money.DUH!!!!

— truthpursuit (View Profile)

Posted on 12/4/2008 5:17:07 PM | reply to this comment | Votes: 2   

draa

supporting truthpursuit, yeah jaguar sold ONLY 300 cars less than last year but all they sold last year were 315 cars...:P
"Number 5 in Initial quality this year number 8 in long term dependability." well as far as i can remember 5th and 8th places are not too good for such a car company... it may be suitable for Kia or Citroen:P ciao!

— draa (View Profile)

Posted on 12/4/2008 8:44:56 PM | reply to this comment | Votes: 2   

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