Land Rover, Jaguar get Chinese order for 13,000 vehicles
China just gave the folks at Tata the best news they've probably had all year: an order for 13,000 Jaguars and Land Rovers. Sources say the breakdown is 10,000 Land Rovers and 3,000 Jaguars to be delivered over the next three years. The value of the deal for Tata: £600 million. That's almost a quarter of the price Tata paid to buy the two brands from Ford last year and represents nearly 5% of JLR's tally of 251,650 global sales in 2008. It hasn't been revealed who all the cars are for, but the sale was concluded with a Chinese trade delegation visiting the UK. It's a little late, but we're sure Tata is wishing everyone a happy Chinese New Year.
[Source: Business Standard]
Reader Comments (Page 1 of 1)
SchoolMarm 8:15AM (3/04/2009)
Er,... 13,000 isn't 20% of 251,000 units. Remedial Math, anyone?
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Scott Harris 8:30AM (3/04/2009)
my thoughts exactly
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Hamud 8:46AM (3/04/2009)
Thought I had misread it. 13000 is roughly 5% of what was sold last year. But is a great step anyway.
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Kalyan 8:54AM (3/04/2009)
::Regarding the math mix up in the original post on this blog::
Please see the original article as it appeared in Business Standard newspaper in India. This blog's post has mixed up some of the data from that story.
http://www.business-standard.com/india/news/chinese-balm-for-jlr/19/20/350467/
In the original story there is no mention of what this new order from China translates to in terms of sales for JLR!
How do I know this? I wrote that story :-)
Cheers.
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Mobius_1 9:22AM (3/04/2009)
Real reporters read Autoblog?
Don't ban me please, just a joke. :P
Pete 9:25AM (3/04/2009)
Yes, I think details are sometimes missed on AB in the interest of speed to the ethers.
Lesson: Read the original article referenced rather than rely only on the AB post
Alex 9:16AM (3/04/2009)
I'm curious to know which Jags and LRs were ordered and for what purpose.
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Mobius_1 9:21AM (3/04/2009)
Way to spend your huge trade surplus! :)
And from the article: "This is a very significant order..." No s***
But I'm left wondering, why didn't they buy JLR Group? It's like learning to fish rather than buying fish, one will sustain you. (Unless they are going to reverse engineer everything, of course...)
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Sektor 9:26AM (3/04/2009)
Why would you order 13,000 vehicles if you just want reverse engineer them?
hyundaifans.com 10:18AM (3/04/2009)
I guess the UK cant criticize Chinese Human rights record for the next 3 years.......
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Bloke 10:43AM (3/04/2009)
Given the extensive business interests the US, Germany and other car manufacturing nations have established in China, I dare say neither can they.
the vegas style guy 2:46PM (3/04/2009)
Yeah, some bitchez just got bought.
The sound you hear is the screaming of political prisoners being tortured just outside of Peking.
Dan 11:08AM (3/04/2009)
10,000 Land Rover Defenders to take over the world in 2010.
6,000 Jaguars XFs for the leaders of this new world.
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TomdeTomTom 3:54PM (3/04/2009)
Seriously! Are there about to be 13.000 new executives of something?
Dan 4:27PM (3/04/2009)
scary right!? I meant 3000 Jags too :)
Brn 5:42PM (3/04/2009)
China who? Chinese dealers ordered 13K vehicles? The Chinese government ordered 13K vehicles. Exactly who is ordering these vehicles and why?
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