PSA eyeing-up JLR ?

This is the place for posts that don't fit into any other category.

Moderator: RichardW

User avatar
white exec
Moderating Team
Posts: 5980
Joined: 21 Dec 2015, 13:46
x 987

PSA eyeing-up JLR ?

Unread post by white exec »

JLR have just posted a £3.6bn loss, and there are rumours that owners Tata have been in discussion with PSA about a sell-off.

https://www.theguardian.com/business/20 ... esel-sales

https://www.theguardian.com/business/20 ... rances-psa

User avatar
Mandrake
Posts: 8101
Joined: 10 Apr 2005, 17:23
x 290

Re: PSA eyeing-up JLR ?

Unread post by Mandrake »

Haven't PSA already over extended themselves with Opel/Vauxhaul ?

Surely taking on two fixer-uppers at once is a risky move ? :lol:

Gibbo2286
Donor 2020
Posts: 4482
Joined: 08 Jun 2011, 18:04
x 717

Re: PSA eyeing-up JLR ?

Unread post by Gibbo2286 »

To be hoped that TATA don't do what they did with LDV, they just walked away and it collapsed with a loss of over 600 skilled jobs, then the Chinese came, swept up the bits and relaunched it in China.

User avatar
white exec
Moderating Team
Posts: 5980
Joined: 21 Dec 2015, 13:46
x 987

Re: PSA eyeing-up JLR ?

Unread post by white exec »

LR in particular have a real problem
- lack of EVs
- preponderance of diesel
- evaporation of chunks of their luxury market (China will produce anything China wants)
Unless they get their skates on, they could find themselves with only a reduced niche market left.

The Guardian article seemed to suggest that the Vauxhall-Opel operation was not unprofitable.

Online
User avatar
GiveMeABreak
Forum Admin Team
Posts: 19942
Joined: 15 Sep 2015, 19:38
x 1949

Re: PSA eyeing-up JLR ?

Unread post by GiveMeABreak »

Added to this, the Chinese only seem to want to buy their Land Rovers from the UK and not from their Chinese LR factories - what does that tell you?

User avatar
NewcastleFalcon
Posts: 11163
Joined: 25 Feb 2009, 11:40
x 970

Re: PSA eyeing-up JLR ?

Unread post by NewcastleFalcon »

Couple of quotes from the ancillary articles on the subject.
Jaguar Land Rover CEO denies holding talks over sale to Peugeot-Ralf Speth says he did not discuss possible tie-up with head of France’s PSA Group

but.....However, he declined to comment on whether Tata Motors had engaged in talks.


"“I think we are very well prepared [for electrification] as a British company in Britain,” Speth said.
Oh Dear.....

Regards Neil

User avatar
van ordinaire
Donor 2017
Posts: 2585
Joined: 23 Jun 2015, 14:45
x 240

Re: PSA eyeing-up JLR ?

Unread post by van ordinaire »

Sorry chaps but I did make an oblique reference to this some time ago. My immediate thought on 1st reading this story was: "Where's the money coming from?" - & the 2nd was "Shouldn't they really put their own house in order?"

Then there's the other 1/2 of the French motor industry's bid for world domination - Renault are sniffing round Chrysler, although it's actually part of Fiat, as opposed to be owned by them. Which will give them a 2nd bite at the cherry that is Jeep - & the full size van market stands to get get very confusing indeed.

User avatar
old'uns
Posts: 489
Joined: 06 Mar 2010, 21:21
x 51

Re: PSA eyeing-up JLR ?

Unread post by old'uns »


User avatar
NewcastleFalcon
Posts: 11163
Joined: 25 Feb 2009, 11:40
x 970

Re: PSA eyeing-up JLR ?

Unread post by NewcastleFalcon »

Meanwhile JLR and BMW are cosy-ing up together
Jaguar Land Rover and BMW join forces on electric cars

BMW and Jaguar Land Rover said they will save costs through shared research, shared production planning, and by jointly buying electric car components.

Jaguar Land Rover is still run by former BMW managers, including Ralf Speth the company's chief executive who spent 20 years at BMW prior to joining JLR.
possibly good news for Wolverhampton
BMW has been developing an electric motor, transmission and power electronics in one housing that it calls "Gen 5" of its "eDrive" technology.

A joint team of BMW and JLR engineers in Munich will further develop this Gen 5 technology, then both companies will produce their own electric drivetrains, BMW said.

JLR will produce these drivetrains at its Wolverhampton plant, which employs 1,600 people.


REgards Neil

Gibbo2286
Donor 2020
Posts: 4482
Joined: 08 Jun 2011, 18:04
x 717

Re: PSA eyeing-up JLR ?

Unread post by Gibbo2286 »

I see Fiat Chrysler have walked away from the deal with Renault.

BMW have a long history with the Midlands, the first BMW car was an Austin 7 made under licence. :-D