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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Tata World Takeover Part XVXVXIIIXVX: Indian automaker may buy stake in Ferrari]]></title><link>http://www.autoblog.com/2008/03/07/tata-world-takeover-part-xxvxvxiiixvx-indian-automaker-may-buy/</link><guid isPermaLink="true">http://www.autoblog.com/2008/03/07/tata-world-takeover-part-xxvxvxiiixvx-indian-automaker-may-buy/</guid><comments>http://www.autoblog.com/2008/03/07/tata-world-takeover-part-xxvxvxiiixvx-indian-automaker-may-buy/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/india/" rel="tag">India</a>, <a href="http://www.autoblog.com/category/tata/" rel="tag">Tata</a></p><a href="http://www.motorauthority.com/news/industry/tata-could-buy-stake-in-ferrari/"><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.autoblog.com/media/2008/03/afscuderia-047)_opt.jpg" /></a><br /><br />It's becoming increasingly apparent that India's largest automaker Tata cannot be stopped. On the verge of finalizing a deal to acquire Jaguar and Land Rover from Ford, Tata is now rumored to be interested in buying a stake in one of the most beloved performance marques of all time: Ferrari. We stress that this is a rumor, because it stems from a quote given by Tata's chief Ratan Tata to Italy's <em>L'Espresso</em> in which he reportedly said that he's always dreamt of being a fighter pilot (takeover of Bob Lutz?) and participating in the shareholding of Ferrari.<br /><br />The reason this rumor has some legs is that Tata already has an established relationship with Ferrari's parent company Fiat. It's on the board of Fiat and has some engine supply deals with the Italian automaker. Fiat owns an 85% stake in Ferrari with an option to purchase an additional 5%. Could Tata, the maker of the <a href="http://www.autoblog.com/2008/03/05/geneva-2008-spending-time-with-the-tata-nano/">world's least expensive auto</a>, one day have a stake in the company that builds some of the world's most expensive and exotic autos? We wouldn't bet against Tata at this point.<br /><br />[Source: <a href="http://espresso.repubblica.it/">L'Espresso</a> via <a href="http://www.motorauthority.com/news/industry/tata-could-buy-stake-in-ferrari/">Motor Authority</a>, <a href="http://www.autonews.com/apps/pbcs.dll/article?AID=/20080307/ANE02/974951070/1193/emaildailyANE02">Automotive News</a> - sub. req'd]<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2008/03/07/tata-world-takeover-part-xxvxvxiiixvx-indian-automaker-may-buy/">Tata World Takeover Part XVXVXIIIXVX: Indian automaker may buy stake in Ferrari</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 07 Mar 2008 10:57:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2008/03/07/tata-world-takeover-part-xxvxvxiiixvx-indian-automaker-may-buy/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/1134296/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2008/03/07/tata-world-takeover-part-xxvxvxiiixvx-indian-automaker-may-buy/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>ferrari</category><category>ratan tata</category><category>RatanTata</category><category>tata</category><category>tata ferrari</category><category>tata stake ferrari</category><category>TataFerrari</category><category>TataStakeFerrari</category><dc:creator><![CDATA[John Neff]]></dc:creator><pubDate>Fri, 07 Mar 2008 10:57:00 EST</pubDate>
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