Rumor news wire: Chinese co sticks in late bid for Jaguar and Landrover?


landroverlogo Rumor news wire: Chinese co sticks in late bid for Jaguar and Landrover?

Could a currently unnamed Chinese company become the ultimate come back kid and stick in a late bid for Jaguar and Landrover? The rumor mills are working overtime of late, and the TATA bid for Jaguar and Landrover hasnt yet been signed and sealed, there is always a chance that one of the bigger Chinese players has thrown a last minute bid down to the playing table.

Who it could be? SAIC although boyant after a good year of sales may not have that much left in the piggy bank, especially after buying Nanjing Automobile and 50% of Shanghai Diesel. That leaves FAW – First Automobile Works, JV partner to VW and Audi which combine to give them massive sales and plenty of loot in the bank. Does FAW have what it takes to buyout Landrover/Jaguar?

Completely off the chart, but could Chery or even Geely afford to put down the billion dollars required to JLR off Fords hands??

ash 010 web avatar Rumor news wire: Chinese co sticks in late bid for Jaguar and Landrover?

Ash

Ash came to China at 18 on a whim and never left. Some 10 years later he collected a degree and a family along the way and now focuses his time on watching the Chinese car industry develop. He has witnessed the market change from being minor backyard market in to the world's biggest and most important market for all car manufacturers. You can contact or connect with him via Linkedin by clicking the 'Website' link.

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