Renault to buy Jaguar ?

posted: Monday 05 December 2005 by Luca in: Jaguar Renault

Jaguar S-Type 2007 Leftlane News reports a news item from the french financial newspaper L’Expansion: among the secret plans of Carlos Ghosn, Renault’s CEO, would be the acquisition of the Jaguar brand.

It seems that back in october Ghosn tried buying Volvo from Ford (the two brands had collaborated before), but Ford rebuffed his avances, since Volvo isn’t one of the money losing pits of the group, like Jaguar, which has been in the red since it was acquired in 1989.

So: with Jaguar, Renault would acquire a Luxury division, while Ford’s PAG division could be profitable as soon as next year. It remains to be seen whether Jaguar’s long suffering fans would see the brand being sold to Renault as the last blow.

ADS

(no votes)

0 comments

Articoli simili

Renault-Nissan and Bajaj prepare a 2.500 dollar car del 16 May 2008

Rear wheel for Renault? Interview with Rèmi Deconinck del 07 May 2008

Three Renault SUVs over the next three years del 31 Mar 2008

New image galler for the Renault Laguna GT del 27 Mar 2008

Aston Martin Rapide to be produced by Magna Steyr del 10 Mar 2008

ADS

Readers' comments

(Leave a comment - hide anonymous comments)

Graylion
15 Apr 2006 - 18:50 - #1

0 punti

I would welcome this. Renault are one of my favourite companies and Jaguar deserves a better home than (*&%(%^Ford!
Rodrigues
13 Nov 2006 - 20:40 - #2

0 punti

I see this possibility with good eyes. Carlos Ghosn has proved to maintain diferent identities between Renault and Nissan brands using the same resources. I really do not think that Ford is being able to do same thing..
Chatti Hatem
07 Apr 2007 - 14:00 - #3

0 punti

yes Renault must acquire a luxury divsion like Bently in BMW