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Jaguar Land Rover IPO

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Old 05-06-2012, 09:24 AM
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Default Jaguar Land Rover IPO

This article says that Jaguar Land Rover, which Tata bought from Ford for $2.5b in 2008, is now worth $14b, sales are strong and they plan to introduce a lot of new models:

"The Indian automaker said in August that it will double its annual spending on product development and capital expenditure at Jaguar Land Rover to 1.5 billion pounds ($2.4 billion) over five years to fund an expansion that includes a pipeline of 40 new or upgraded vehicle models."


Jaguar Land Rover IPO Seen as Jackpot as Valuation Soars - Businessweek
 
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Old 05-08-2012, 12:34 AM
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The phenomenal (for Jag) 2012 lease and finance specials really pushed the 2012 sales #'s way up as some of the national deals were very strong and the local dealers sweetened the pot. TaTa knew that poor residuals and money factors from previous years were killing sales. The new F type will also be a huge help.
 
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