Tata - Biggest Quarterly Loss in Indian Corp History
https://www.autoblog.com/2019/02/08/...-losing-money/
Does not surprise me with they way their portfolio looks today and how little they care or do to retain customers. I really wanted to stay with a JLR product when our XE lease is up, but JLR and their franchises don't care at all. Slumping sales and they couldn't knock $50 off a new Velar sitting on the lot (just to start off with my rant)... Don't think I would ever buy a new JLR product again. Ford was much better at designing a proper Jag than Tata has been. Then again, they way their products outside of the full size Range Rover depreciate, a used Jag is still a solid buy. |
Most likely because overnight they became a dominant electric car player- ahead of Ford. That would take $4Billion.
The Epace is the most popular new car in progressive Netherlands- ahead of even gasoline cars. |
These are awful news, JLR will get dumped at fire sale prices and get purchased by someone like Fiat Chrysler Group ...
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Not possible. Unlike Fiat, automotive is a very small percentage of Tata's revenue.
In fact, they can afford Jaguar as a marketing expense, to sell cheaper cars in their homeland, which will soon be the largest growth sector. |
Originally Posted by Queen and Country
(Post 2025022)
Most likely because overnight they became a dominant electric car player- ahead of Ford. That would take $4Billion.
The Epace is the most popular new car in progressive Netherlands- ahead of even gasoline cars. |
China is largely responsible for JLRs loss, as demand for LR vehicles plummeted after much cheaper clones produced by Chinese copycat manufacturers hit the market.
https://amp-businessinsider-com.cdn....rom%20%251%24s https://amp-timeinc-net.cdn.ampproje...rom%20%251%24s Jaguar ain't dead yet; big cats have 9 lives. A recent $1B blood transfusion should help JLR to recover. https://amp-timeinc-net.cdn.ampproje...rom%20%251%24s |
Tata is way bigger than JLR and they originally bought JLR for Land Rover. Jaguar as just an extra for them. They've done many good things with the brands, but also destroyed most of Jaguar's ethos IMO. They're doing a better job with Land Rover for sure.
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The good news is that Tata is the most cash rich of all car company financiers. They paid 2billion for JLR and $12 Billion for a UK steel company. They have their fingers in every pie. Did you know they own Eight O clock coffee. Tata Software.
Bad news is that like other car manufacturers, you can kiss goodbye to sedans and specialty vehicles for a decade or more. |
Originally Posted by mosesbotbol
(Post 2025068)
They're doing a better job with Land Rover for sure.
But yeah brace yourself, Land Rover Defender is coming. If they dont make a marketing miscalculation, it should be a big hit. |
Originally Posted by Queen and Country
(Post 2025073)
But yeah brace yourself, Land Rover Defender is coming. If they dont make a marketing miscalculation, it should be a big hit.
https://hips.hearstapps.com/hmg-prod...1542040698.jpg https://images.carscoops.com/2018/12...r-1024x555.jpg |
This could be the strategy or it should be.
There is a massive demand for simple capable rugged SUVs in majority of the world that is undeveloped. This is where Land Rover made a name for itself. Its what put Toyota on the map with the Land Cruiser. Prior to that, Land Rover was the name synonymous in those exact parts of the world. Tata has been making a fortune on SUVs, with plants around the globe supplying the globe. For example, they have been making this SUV since 94 and sold 100,000 https://cimg5.ibsrv.net/gimg/www.jag...e243896fa2.jpg If they are smart they will make a vehicle somewhere between this and the Discovery. Land Rover defender still has tremendous reputation in places where a 4x4 is vital. Here are the shots I saw. The snorkel suggests they wont forfeit the supreme off-road heritage. Time will tell. Bean-counters have a gift for ruining any party. https://cimg2.ibsrv.net/gimg/www.jag...8e083fd964.png https://cimg3.ibsrv.net/gimg/www.jag...6aaa74c904.png |
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I am digging the discovery pick up. That could be pretty neat.
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Maybe it will make them re-think their entire product offerings.
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Originally Posted by Queen and Country
(Post 2025262)
This could be the strategy or it should be.
There is a massive demand for simple capable rugged SUVs in majority of the world that is undeveloped. This is where Land Rover made a name for itself. Its what put Toyota on the map with the Land Cruiser. Prior to that, Land Rover was the name synonymous in those exact parts of the world. Tata has been making a fortune on SUVs, with plants around the globe supplying the globe. For example, they have been making this SUV since 94 and sold 100,000 https://cimg5.ibsrv.net/gimg/www.jag...e243896fa2.jpg If they are smart they will make a vehicle somewhere between this and the Discovery. Land Rover defender still has tremendous reputation in places where a 4x4 is vital. https://i.kinja-img.com/gawker-media...9qavwkdjpg.jpg |
Its a very tall order!!
Bear in mind Toyota themselves failed with the successor to the FJ40, the FJ Cruizer, while popular among western fashionistas, it failed miserably in its off road capabilities. And was not adopted the same way as FJ40 and other Toyota offerings. Heck Tata outsold them relatively. The problem, they hired moron Chrysler designer that convinced them into 'Youth Utility Vehicle' . Or one could say there was nothing for copycats to copy. Land Rover could make the same mistake, and target a 'rugged' Evoke market. The money is in supplying a need- there is a need for simple real off-road vehicle with a solid reputation. Another thing, the FJ Cruizer (much like the pics Moses posted) was a one use vehicle (youth recreation) The FJ40, and Defender (both of which I own) are still in use as all sorts of things from pickups to ambulances and police cars, all over the world, even Italy. |
Originally Posted by mosesbotbol
(Post 2025313)
I am digging the discovery pick up. That could be pretty neat.
Olive drab with white top...put me on the waiting list. |
Originally Posted by Queen and Country
(Post 2025022)
The Epace is the most popular new car in progressive Netherlands- ahead of even gasoline cars.
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Look what happened to Hyundai when they improved quality and started backing their cars. Tata needs to learn that lesson. It's the only way to overcome a history of abysmal reliability and quality, perceived or otherwise.
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Originally Posted by flyc2c
(Post 2025908)
Look what happened to Hyundai
The plant is only running at 30% capacity. https://www.reuters.com/article/us-h...-idUSKCN1N90PZ |
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