Tata’s bid to buy Jaguar and Land Rover from Ford has been boosted by backing from British transport worker’s union Unite, which represents employees of the two companies. Union leaders made their position clear after meeting with potential new owners including Tata, rival Indian firm Mahindra & Mahindra and One Equity Partners, an outfit led by former Ford CEO Jack Nasser. After questioning all three potential owners about their plans for Jaguar and Land Rover, including the possibility of moving jobs abroad, Unite stated that Tata served “the best interests of union members at Jaguar-Land Rover”. While the union can’t prevent any potential sale, its backing is an important political factor when considering any deal.
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Re: Union backs Tata in bid for Jaguar
Due to the inevitability of it all you can be assured that whichever buyer unions back will sink the business.
Re: Union backs Tata in bid for Jaguar
I do hope you fitted your snorkel first. Its all health and safety you know.
Re: Union backs Tata in bid for Jaguar
I am not surprised in the Indian manufacturers looking to purchase the Jaguar and Land Rover brands. It gives them instant credibility, distribution and sales centres in areas of the world they would look to build for their own brand, not to mention the Engineering integrity both brands have a reputation for. In return the lower cost centres the Indians have will no doubt be a boost for future vehicle builds in that country, thereby adding a potential chunk to the bottom line for Jag and Land Rover, that is maybe not their at present.
Although, I can't believe the consortium that sat in front of union officials have been holy truthful about the future, I mean, If TATA is interested they will expect both premium brands to be fully self supportive from the off, therefore cuts will have to be made.