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Home > General > To Buy or Not to Buy - That is the question |
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StevenA Member Since: 16 Nov 2007 Location: Aberdeen Posts: 17 |
With the forthcoming sale of Land Rover, would you still buy a new one now or wait and see what happens?
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5th Dec 2007 1:04 pm |
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VIKING Member Since: 22 Sep 2007 Location: Stavern, NORWAY Posts: 389 |
Do you think a new owner will destroy Land Rover, or what?
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5th Dec 2007 7:26 pm |
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Illipuli Member Since: 05 Dec 2007 Location: Ljubljana Posts: 4 |
I ordered my first LR two months ago and I hardly waiting for January's delivery. I really hope this selling/buying won't interfere to the temporary quality of cars.
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5th Dec 2007 10:50 pm |
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Nick Jan Member Since: 23 Aug 2007 Location: Nr Shoreham-by-sea, West Sussex Posts: 441 |
I see no reason to worry at all .... LR didn't collapse when bought out before, so why now? Tata are one of the most successful global outfits around; so if they buy LR it is because they think they can make it prosper further.
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5th Dec 2007 11:11 pm |
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StevenA Member Since: 16 Nov 2007 Location: Aberdeen Posts: 17 |
Illipuli,
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6th Dec 2007 8:19 am |
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Tim in Scotland Member Since: 12 Mar 2006 Location: All at sea Posts: 875 |
Guys Tata is part of one of the biggest companies in the world. They already make 4x4's (even though they are absolutely crap! and meant for the Indian market) and already own Corus (formerly British Steel) and quite a few other well known brands. They haven't messed around with them so why would they mess with Land Rover and Jaguar. Look at it this way, if LR have become an Indian owned company think how many jobs will be created building the cars for a market that currently Land Rover cannot sell into due to protectionism by the Indian Government imposing prohibitive import duties on the products. Hopefully LR will now have access to development money that Ford has been depriving them of in order to rescue their US arm.
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6th Dec 2007 4:49 pm |
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Pete S. Member Since: 12 Jun 2007 Location: Blackpool Posts: 74 |
I'm within four months of buying a F2, the deal is lined up, it's just a matter of timing for financial reasons. However, I must confess to a doubt creeping into my mind - not about the car, it is fantastic and despite being very expensive I love it. No, it is this sell off thing. What if TATA (presumably) decide to transfer production to India? It could be Rover all over again and I will be left with a vehicle I can't sell for anywhere near a reasonable price-less-depreciation. I also think that with LR image is important (i.e. Britishness) and although it has been owned by Americans for 7 years at least they were Ford which has British connections. India? Nope, it doesn't do it for me. I am seriously considering holding fire to see what happens - and if I'm doing that, how many other potential buyers are feeling the same? I still can't belive Ford want to sell this iconic world leading brand. |
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21st Dec 2007 2:06 pm |
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Nick Jan Member Since: 23 Aug 2007 Location: Nr Shoreham-by-sea, West Sussex Posts: 441 |
Pete S ... surely you've answered your own concern. Why on earth would Tata buy LR including world class factories, and then risk all by making a wholesale production move to India. No labour cost advantage would be worth that risk! Life is not a dress rehearsal! |
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21st Dec 2007 2:50 pm |
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Pete S. Member Since: 12 Jun 2007 Location: Blackpool Posts: 74 |
I desperately hope you are right Nick. I've followed this vehicle since development, through the launch at Excel, a couple of off road experience days to the point of purchase. However, this is a major investment for us so I'm a touch apprehensive. My sister bought a Rover just before that went bang....
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21st Dec 2007 3:17 pm |
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npinks Member Since: 28 Jun 2007 Location: Ls25 Posts: 20090 |
There has been something replease today saying the TATA are the prefered purchasers, but nothing will now happen till the new year,
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21st Dec 2007 3:31 pm |
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Dave Member Since: 04 Jul 2007 Location: Somewhere Near You Posts: 2666 |
Extract taken from Hindustan Times newspaper:-
______________________ 2011 Full Fat RR 4.4 TDV8 2012 FL2 SD4 Auto HSE 2013 Kawasaki Versys 650 |
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21st Dec 2007 5:20 pm |
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Tim in Scotland Member Since: 12 Mar 2006 Location: All at sea Posts: 875 |
Supply of engines shouldn't be too much of a problem - when Ford bought LR from BMW they had an agreement to take enough engines to keep production rolling for about 3 years - that's why Freelander1 was able to use the BMW 2.0ltr TD engine and the FFRR was able to go on with the TD6 and 4.4lt V8 - all BMW engines. Ford are so desperate for money that they will keep supplying engines for as long as it takes Tata to develope their own. One thing that does worry me was that when Ford put Aston Martin on the market they refused to sell to the Chinese because they would have had to have sold the Chinese some very important technology.......................... I just hope that Ford is not going withhold technology from Land Rover and Jaguar to put into it's own range of SUV's that are in the pipeline or into the forthcoming Volvo SUVs like BMW did with quite a lot of LR's technology when they sold out to Ford.......................... How can carbon have a footprint, it has no feet?
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21st Dec 2007 5:44 pm |
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upnaway Member Since: 15 Nov 2007 Location: Worcestershire Posts: 258 |
Just a few thoughts:-Why buy something for over $2bn if you intend to mutton it up. The guys at L/R have been bought and sold more often than your average peerage, so i can't imagine them being much faized by it. In fact they maybe looking forward to getting away from U.S. governance, SOX and all that. After all would you want to be tied to an owner who is really in the stickey stuff.
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21st Dec 2007 7:39 pm |
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VIKING Member Since: 22 Sep 2007 Location: Stavern, NORWAY Posts: 389 |
It is Touareg. Which is a fantastic car, by the way. The only other SUV that can compete with Land Rover off the road. The other SUV's cant, but Touareg can. 2008 Freelander 2 HSE TD4 Automatic, Caspian Blue, Alpaca, Moon roof, Exclusive pack. |
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21st Dec 2007 8:15 pm |
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