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Source: AutoCar
JCB to buy Jaguar? Don't rule it out. The digger manufacturer's boss, Sir Anthony Bamford, has urged Ford to sell the troubled car firm to him.
Buoyed by his team's success at setting a new Diesel Land Speed Record, Bamford said he would be interested in acquiring Jaguar "if the price was right". "It's a shame what's happening to British engineering and what's happened to Jaguar," he said. "They should sell it to me."
Bamford added: "We've got the engineering talent and the right people". But when asked if he would consider developing a new Jaguar from scratch, he said, "I have enough trouble building diggers."
Ford has not publicly stated that Jaguar is for sale, but it is undergoing a review of its premium line-up. Jag had been tipped to be sold to Hyundai after the Korean manufacturer showed interest, but its bosses have since admitted that they are focusing efforts on expanding production overseas instead of acquiring new brands.
Followed by
Dont buy Jag, analyst warns JCB boss
JCB chief Sir Anthony Bamford could be digging a hole for himself if he decides to buy Jaguar, according to a top automotive analyst.
Bamfords surprise interest in the struggling car maker came to light as he celebrated his firms success at reaching a new diesel land speed record.
"It's a shame what's happening to British engineering and what's happened to Jaguar," said Bamford. "They should sell it to me."
But automotive guru Professor Garel Rhys of Cardiff University disagrees: There is no synergy between a JCB and a Jaguar, he said in an interview with The Telegraph. The only thing they have in common is four wheels and a steering column Jaguar would bring JCB down.
Ford is still denying that Jaguar is for sale.
JCB to buy Jaguar? Don't rule it out. The digger manufacturer's boss, Sir Anthony Bamford, has urged Ford to sell the troubled car firm to him.
Buoyed by his team's success at setting a new Diesel Land Speed Record, Bamford said he would be interested in acquiring Jaguar "if the price was right". "It's a shame what's happening to British engineering and what's happened to Jaguar," he said. "They should sell it to me."
Bamford added: "We've got the engineering talent and the right people". But when asked if he would consider developing a new Jaguar from scratch, he said, "I have enough trouble building diggers."
Ford has not publicly stated that Jaguar is for sale, but it is undergoing a review of its premium line-up. Jag had been tipped to be sold to Hyundai after the Korean manufacturer showed interest, but its bosses have since admitted that they are focusing efforts on expanding production overseas instead of acquiring new brands.
Followed by
Dont buy Jag, analyst warns JCB boss
JCB chief Sir Anthony Bamford could be digging a hole for himself if he decides to buy Jaguar, according to a top automotive analyst.
Bamfords surprise interest in the struggling car maker came to light as he celebrated his firms success at reaching a new diesel land speed record.
"It's a shame what's happening to British engineering and what's happened to Jaguar," said Bamford. "They should sell it to me."
But automotive guru Professor Garel Rhys of Cardiff University disagrees: There is no synergy between a JCB and a Jaguar, he said in an interview with The Telegraph. The only thing they have in common is four wheels and a steering column Jaguar would bring JCB down.
Ford is still denying that Jaguar is for sale.
). The most important thing is that Hyundai is a auto maker on the rise, Ford isnt. Hyundai could use a luxury automaker like Jaguar so they dont have to build one from the ground up like the Japanese did.