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Time the purchase of Ford Motor Company's remaining British outposts with the debut of a $2,500 People's Car, too. Then again, the Tata Group also owns hotels with rates as high as $2,795 per night in Mumbai, charter planes for Bollywood stars, and high-end jewellery stores, in addition
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If Tata truly is successful in this purchase, we should hear by the end of 2007. Another Indian company, Mahindra & Mahindra, was a bidder for Jaguar, along with One Equity Partners.
For Jaguar bosses, the worst part of the news is the extra 1,000 miles in their commute to company headquarters. India is a lot farther away than Michigan.
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