Tata Denies It Is In Talks With The French To Buy Struggling Jaguar Land Rover

Insiders claim the car giant - currently owned by Indian conglomerate Tata Motors - is set to be snapped up by PSA, which owns Peugeot, Citroen, and Vauxhall.Leaked 'post-sale integration' documents appear to outline the benefits of the two companies linking up.

But Tata Motors denied the sale - despite the document claiming a merger could save the two companies millions.

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MDarringer - 5/10/2019 4:06:46 PM

+2 Boost

When a deal of this sort is in motion, denials are par of the course. PSA loves buying turds and JLR is nothing but a headache and a money pit.

Jaguar is dead and LRRR is a confusing mess of overlapping, problematic crossovers, and the new Defender is a a total miss.

CANADIANCOMMENTS - 5/10/2019 9:27:39 PM

+3 Boost

@MD- Agreed. I have no idea why anyone would buy the JLR group. Maybe they see something we don't. They need to fire their head of design and start over.

MDarringer - 5/10/2019 10:14:01 PM

+2 Boost

They're French so they are stupid. Besides, they know that no matter how fiscally irresponsible they are, the French government will always bail them out.

Hyundai should buy Jaguar, kill the garbage, and rebadge Genesis as Jaguar. They came very close to doing that once before. The Stinger over at Kia is definitely better than the XE/XF.

CANADIANCOMMENTS - 5/12/2019 9:15:43 PM

+1 Boost

Having said all that Aston Martin seems to be on a tear as of late. Sales grew 58% in 2017 to 5,098 cars. And in 2018 they grew 25% for a total of 6,441 units sold. This gets them back to volumes prior to the financial crisis. And the DBX SUV, Lagonda bespoke ultra luxury line and hyper car series are still to come. In comparison Ferrari likely did 8,800 cars in the same period. Lamborghini sold 5750 cars in 2018.