Tata Motors select China partner for Jaguar and Land Rover plant

Discussion in 'Economy & Infrastructure' started by nitesh, Feb 25, 2012.

  1. nitesh

    nitesh Mob Control Manager Stars and Ambassadors

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    Tata Motors select China partner for Jaguar and Land Rover plant - Economic Times

    MUMBAI: India's top vehicle maker Tata Motors has selected a partner to build an assembly plant for its luxury British car brands Jaguar and Land Rover in China, a senior executive said on Tuesday.

    "We are waiting for the necessary regulatory approvals," Tata Motors finance chief C Ramakrishnan told reporters, without giving any further details. "An announcement will be made very soon," he added.

    China has emerged as a key market for Jaguar and Land Rover ( JLR), whose sales in Europe remain weak due to the current economic uncertainty.

    Earlier this month, Tata Motors announced a 41 percent jump in quarterly net profit of 34.06 billion rupees ($681 million) for the three months to December, thanks to strong sales of Jaguar and Land Rover. Tata Motors, which also makes the world's cheapest car, the Nano, bought Jaguar and Land Rover from US Ford Motor Co in 2008 for $2.3 billion as part of its plans to expand beyond Asia.

    In recent years India and China have emerged as key markets for global automakers, as car sales in most developed countries have slumped. Government stimulus packages, along with cheap financing and new models, have helped drive demand among increasingly well-off consumers in India and China.
     
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  3. Rahul92

    Rahul92 Senior Member Senior Member

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    Soon we will see fake land rovers and jags
     
  4. ganesh177

    ganesh177 Regular Member

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    When tata is manufacturing all its vehicles in india, why cant they assemble these british cars in india ? Gujrat for example has been a tempting destination.
    Dissapointive move by tata.
     
  5. anoop_mig25

    anoop_mig25 Senior Member Senior Member

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    tats would regret it one day .
     
  6. Ray

    Ray The Chairman Defence Professionals Moderator

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    Tata has been having considerable difficulties in India.

    Hence, China seems to be a better option.

    And the Chinese buy a whole lot of luxury cars.

    I presume taxation is more lucrative for business there.
     
  7. KS

    KS Bye bye DFI Veteran Member

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    Simple business move.

    But then Tatas are not just "business men". I expected more from them. If it had been the 'chor'bani bros, it would not have surprised me.
     
    panduranghari and ganesh177 like this.
  8. Ray

    Ray The Chairman Defence Professionals Moderator

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    Of late Tata's reputation has taken a beating in India.

    Not surprising that he is staying clear of Indian Govt political scheming!

    He was not allowed to start an airline in collaboration with Singapore Airlines because of alleged manipulation of the Minister, Ministry and Jet.

    Nadira tapes and 2 G

    Nano in Bengal.

    Politics everywhere and so why invest in India.

    It is better to do so in China since everything can be worked o0ut with influential CCP chaps and all will be well!
     
    Last edited: Feb 25, 2012
  9. amoy

    amoy Senior Member Senior Member

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    Timing for Tata Motors' entry into China is not good only my humble opinion, if it targets local consumers

    UPDATE 1-China 2011 car sales gains at slowest annual pace | Reuters
     
  10. ejazr

    ejazr Stars and Ambassadors Stars and Ambassadors

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    Well the Chinese might end up causing problems for Tata once they have built up a manufacturing base like they are doing with Apple now. China will always promote their own Industry in the long run.

    Nadira tapes and 2 G
    I think you meant radia tapes?
     
  11. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    The decision doesn't have anything to do with India. China won't import cars without slapping 50% tarrifs making them unsellable. You have to build your plant in China and sign a JV with local manufacturers. Protectionism at its core. The flip side is it stifles local innovation.
     
  12. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    Some state government in India should make the Tatas a deal they cannot refuse. This is the time to strike.

    Modi, Jayalalitha, Sadananda Gowda, and the others - wake up!
     
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  13. Blackwater

    Blackwater Veteran Member Veteran Member

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    chini are very fast ,they must have made by now
     
  14. KS

    KS Bye bye DFI Veteran Member

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    No Jayalalitha....there is no electricity for even electric fan and you want to make JLR here...:tsk:
     
  15. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    Tatas have gone cracy:crazy::crazy:... they have deliberately selected a chor as its partner:sucide::sucide:... In five years, they will launch their own version of Jaguar and Land rover in the name Jugaur and Sea Revor respectively:sucide::sucide::der::der:
     
  16. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    Never mind - get JLR production into TN all the same. In greater national interest. Live without fan for a few more years, sacrifice your today for a better tomorrow. Like the Soviets worked 7 days a week in the 1950s to build housing and transport networks. :troll:
     
  17. Godless-Kafir

    Godless-Kafir DFI Buddha Senior Member

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    Just like in India if they import the complete vehicle it can incur huge taxes is that why they need to start an JV based assembly plant?
     
  18. amoy

    amoy Senior Member Senior Member

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    Tata needs to rethink its JV in China. Protectionism is ringing

    Read more: China Car Makers Gain On New Procurement Rules | Fox Business
     
  19. no smoking

    no smoking Senior Member Senior Member

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    I don't think Land Rover and Jaguar would fit any 'government-car' standard, not to mention these government cars will be paid by chinese tax-payers' money.
     
  20. cir

    cir Senior Member Senior Member

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    This is a stupid move。

    Tata should be setting up manufacturing facilities in countries like India and Vietnam where there are hardly any parts suppliers and consumers and all things, including labour, are dirt cheap.

    Anyway, it is not a given approvals will be granted, for China is no longer interested in motor plants, especially those that do simple assembly work.
     
  21. satish007

    satish007 Senior Member Senior Member

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    Cir, anyway, we should welcome Indian to China.
    Indian guys are smart, setup factory in China to earn chinese money. but they are not smart enough to know CCP will not only get 17% value added tax from company (CCP will also get 15% personal income tax ,8% vehicle purchase tax)
    but also will get flood protection tax,disable people arrangement tax..., they will only get 50 cents at last just like you get everyday.
     
    Last edited: Feb 28, 2012

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