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Land Rover assembly set for India

Assembly of some Land Rover models will move to India in 2011; Chinese assembly also considered
Autocar
News
1 min read
10 August 2010

Land Rover assembly in India will commence next year, according to Tata Motors' CEO Carl-Peter Forster.

Forster told Reuters that the firm was also in talks with a joint-venture partner in China over assembling certain Jaguar and Land Rover models there.

The Land Rover models will be assembled in Pune; knockdown kits will be exported from the UK to India for assembly. No details on what Land Rovers will be assembled in India have been revealed at this stage.

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Elsewhere, Tata Motors' share price rose earlier to its highest level in 19 years after it posted a profit for the first fiscal year quarter to the end of June. The profit was 5.9 per cent up year-on-year, causing an increase in Tata’s share price to a high last seen in January 1991.

Profits were boosted by strong demand for Jaguar and Land Rover products. JLR sales were up in the quarter to 57,153 units compared with 35,947 a year earlier. New car sales in India reached a record high last month.

Read more on the record new car sales in India

See all the latest Land Rover reviews, news and video

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Book reader 11 August 2010

Re: Land Rover production shifts to India

Dan McNeil v2 wrote:
codandchips wrote:

Autocar wrote:
Tata Motors' share price rose earlier to its highest level in 19 years after it posted a profit for the first fiscal year quarter to the end of June. The profit was 5.9 per cent up year-on-year, causing an increase in Tata’s share price to a high last seen in January 1991.

Bullsh it.

http://uk.finance.yahoo.com/echarts?s=TATAMOTORS.BO#chart4:symbol=tatamotors.bo;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Tata Motors' share price was higher in April 2006 - above 970 rupees(without adjusting for inflation) - compared to today's high of 967 rupees.

Reuters - the source of your breathless 'news' story - is distorting data to make a splash headline and you have repeated this mis-story. Anyone stupid enough to be gulled into investing in Tata Motors between 2006 and mid-2008 would still be looking at a loss after today's high, after adjusting for inflation. As for those who invested since 2009 they are riding a tiger, as the Indian economy is in bubble territory, and like China with its ponzi 'investments', there will be a bust within 6-12 months.

Welcome back, horseandcart;)
.....get a message from the Welcoming Committee? I got one too in my Spelling and Grammar thread! ;-)

Book reader 11 August 2010

Re: Land Rover production shifts to India

Does everyone.....

tannedbaldhead wrote:

codandchips wrote:

Autocar wrote:
Tata Motors' share price rose earlier to its highest level in 19 years after it posted a profit for the first fiscal year quarter to the end of June. The profit was 5.9 per cent up year-on-year, causing an increase in Tata’s share price to a high last seen in January 1991.

Bullsh it.

http://uk.finance.yahoo.com/echarts?s=TATAMOTORS.BO#chart4:symbol=tatamotors.bo;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Tata Motors' share price was higher in April 2006 - above 970 rupees(without adjusting for inflation) - compared to today's high of 967 rupees.

Reuters - the source of your breathless 'news' story - is distorting data to make a splash headline and you have repeated this mis-story. Anyone stupid enough to be gulled into investing in Tata Motors between 2006 and mid-2008 would still be looking at a loss after today's high, after adjusting for inflation. As for those who invested since 2009 they are riding a tiger, as the Indian economy is in bubble territory, and like China with its ponzi 'investments', there will be a bust within 6-12 months.

Hi horse. Still on your high-horse I see.

Maxycat 10 August 2010

Re: Land Rover production shifts to India

Straff wrote:

Rearrange this well known phrase or saying:

Wedge thin end the of the...

We were shafted by the thin end of the wedge decades ago. We were told years ago the financial services would provide our every need. We have been told that only the public sector is essential to our wellbeing.

Thank god I am retired, on my self funded pittance of a pension, out of the UK's precision engineering industry. Will the Indians and Chinese be paying all the taxes to keep the bankers and other public sector workers in jobs?

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