Tata - Biggest Quarterly Loss in Indian Corp History

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Feb 15, 2019 | 08:44 AM

#41

scm

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From: Southampton, UK

Quote:

Originally Posted by Queen and Country

Jaguar is effectively run by volunteers. They did not ****** Callum from a bigger company.

I didn't realise Ford was a small company?

Feb 15, 2019 | 10:36 AM

#42

Queen and Country

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From: Hastings

Quote:

Originally Posted by scm

I didn't realise Ford was a small company?

Do you mean when Ford owned Jaguar?

If so, Jaguar rebels went against Ford, who highly opposed both Jaguar designing their own engine and the arrangement to lease a corner of the Bridgend engine plant.
Jaguar refused to do things Ford's way and ran it as a small independent company. There are a couple of guys on this forum from that original team, they write about sneaking in to do the work and hiding everything from their masters.

Or did you mean they got Callum from Ford.

Feb 19, 2019 | 09:26 AM

#43

shemp

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From: Plano, TX

Quote:

Originally Posted by mosesbotbol

A good buddy works at a Lexus dealer. They sell an amazing amount of cars a month and he's never sold an LC500. I'd like to drive one, but feel guilty asking since they'll have move it out of the showroom. If there fleet demo LC500's I would've driven one already. Could make for a compelling used car.

2 weeks ago I was at my Jag dealer and there were 4 LC500s in the lot. I would assume used but I didn't go and look. I should have inquired but I was in a hurry. I thought that was interesting.

Feb 19, 2019 | 12:28 PM

#44

mosesbotbol

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From: Boston, USA

Quote:

Originally Posted by shemp

2 weeks ago I was at my Jag dealer and there were 4 LC500s in the lot. I would assume used but I didn't go and look. I should have inquired but I was in a hurry. I thought that was interesting.

Would be curious to read your impressions if you get to drive one.

Mar 27, 2020 | 05:13 PM

#45

Wolfy

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From: Manhattan Beach, CA

Well folks, it's official --

Jaguar Owner to Spin Off Cars Unit to Seek Strategic Allies

Mar 27, 2020 | 05:44 PM

#46

Cee Jay

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From: Kaysville, Utah, US

The article didn't really say much though. Mostly filler.

Mar 27, 2020 | 09:05 PM

#47

Stuart S

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From: Atlanta suburbs

Quote:

Originally Posted by Wolfy

Well folks, it's official --

Jaguar Owner to Spin Off Cars Unit to Seek Strategic Allies

But what does that mean, exactly? Under US law, if a transaction qualifies under section 355 of the Internal Revenue Code, it will not be currently subject to Federal income tax, even though it appears to be similar to a taxable dividend distribution. Here's what happens in a spin-off.

Parent corporation (Tata) owns 100% of the shares of a subsidiary (JLR) and distributes those shares to its (Tata) shareholders in a transaction that meets the requirements of IRC Section 355. The new JLR owners can then dispose of their shares to a new owner either in a taxable (sale) or non-taxable (deferred tax merger) transaction. (Actually, a bit more complicated, but that's not important here)

So, what's my point? In this world nothing can be said to be certain, except Death and Taxes.

I'm not sure which is worse.

Mar 28, 2020 | 12:23 AM

#48

JagRag

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From: Earth

Perhaps Lawrence Stroll will buy the Jaguar portion of the entity.

Mar 29, 2020 | 04:53 PM

#49

jima

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From: West Midlands, UK

Quote:

Originally Posted by Brewtech

I just bought a 4.0 facelift XJS. Straight 6s have brought me back to square one. Its what they should build if they want to inject some pedigree back into the brand.

Perhaps they should also revert to cross-plies or inner tubes - then you could have some real pedigree

Mar 30, 2020 | 07:48 AM

#50

mosesbotbol

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From: Boston, USA

Quote:

Originally Posted by JagRag

Perhaps Lawrence Stroll will buy the Jaguar portion of the entity.

To have Jaguar and AML under one corp umbrella I think could really work to their advantage. The buying power and technology sharing could add competitiveness across both product lines.