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Tata’s likely infusion into Jag, Rover, bad news for sellers

Started by Joelle, December 24, 2008, 12:00:48 AM

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Joelle

Tata's likely infusion into Jag, Rover, bad news for sellers
      


Tata Motors, which bought Jaguar and Land Rover from Ford earlier this year, may now have to pump at least $1 billion into the brands to keep them alive. That’s bad news for U.S. automakers trying to sell brands.
While auto assets up for sale by U.S. automakers were expected to linger for a while, Tata’s rough road with Jag and Land [...]
         

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