JLR hoped to get into bed with Peugeot, which was bankrupt itself a few years ago before China bought in. Peugeot ARE in bed with BMW (engine design/production)...JLR is now forced to buy BMW engines for some of its stock.
JLR had put its hopes in its 2 litre turbo diesel.......sadly emisions from 2021 means the motor can't pull its SUV's to 60 mph in less than 10 secs. So +£50 K for a "Car" that can't crack 117 mph or 60 mph in 10 secs v BMW/Audi/Merc who can give you either hybrid or ev that can half that 0-60 time.
After playing hard ball with Peugeot they were some what taken a back when Peugeot bought Fiat (Who own JEEP!)
BMW said they be delighted to do more business with JLR ...........but this is UNLIKELY to be joint vehicle ventures!
JLR "worked" their books to show a profit, the Indian company is about to learn JUST how hard & how much cash is needed to invest......on going investment.....
Opinions expressed herein are those of the posters, not those of iTulip, Inc., its owners, or management. All material posted on this board becomes the intellectual property of the poster and iTulip, Inc., and may not be reposted in full on another website without the express written permission of iTulip, Inc. By exception, the original registered iTulip member who authored a post may repost his or her own material on other sites. Permission is hereby granted to repost brief excerpts of material from this forum on other websites provided that attribution and a link to the source is included with the reposted material.
Nothing on this website is intended or should be construed as investment advice. It is intended to be used for informational and entertainment purposes only. We reserve the right to make changes, including change in price, content, description, terms, etc. at any time without notice. By using this board you agree that you understand the risks of trading, and are solely responsible for your own investment and trading decisions. Read full legal disclaimer.
Journalists are not permitted to contact iTulip members through this forum's email and personal messaging services without written permission from iTulip, Inc. Requests for permission may be made via Contact Us.
Objectionable posts may be reported to the board administrators via Contact Us.
Re: Forget Tesla, watch Landrover/Jag
Reply With Quote
Bookmarks