Creditplus 
car news headlines Loans customers' cars 'to have Indian owners'
Loans customers' cars 'to have Indian owners'
Dec 5 2007
Two large motoring brands with British heritage could be taken over by an Indian company within the next few weeks, according to reports.
Car Finance customers might remember that FORD is looking to sell the JAGUAR and Land ROVER brands just years after acquiring the companies and Reuters claims Indian conglomerate Tata is the favourite to secure a deal.
Last month, Ford's UK shareholders backed the Tata investment, which could see production of the two car brands moved to India or Pakistan. Many Car Loans customers work at Land Rover's headquarters in Gaydon, Warwickshire.
An investment banker told the news agency: "Tata appears to have the edge because it is larger, because it has demonstrated seriousness of intent and because there is a level of comfort with the unions."
The Tata Group is India's largest company, with major interests in communication, energy and automotive markets.
More from Motoring
Used car values expected to fall
Aug 7 2008The government's proposals for changing the way vehicle excise duty (VED) is calculated could see used car values fall, according to one expert.
More from Motoring
More visitors view cars for sale at Motor Show
Aug 4 2008The number of people viewing the thousands of cars for sale and new vehicles on display at this year's British Motor Show is expected to be higher than two years ago, organisers have said.
More from Motoring
Tyre advice 'may aid car loan customers'
Aug 1 2008Car loan customers heading off on long summer motoring holidays could be surprised by new figures from the RAC Foundation on drivers' tyre knowledge.
More from Motoring
Overhauled Hyundai i30 joins market of new cars for sale
Aug 1 2008Hyundai has released a range of new cars for sale available in red, white and blue colours in an effort to attract the patriotic British motorist.
More from Motoring
Car loan customers 'may welcome anti-theft scheme'
Jul 31 2008Car finance customers who have been victims of a sudden trend in motor theft could welcome an innovative new scheme from Ford and a security firm.
More from Motoring
Drivers and car loan customers 'face more parking tickets'
Jul 30 2008Car loan customers could need to be on their guard after plans were announced which could see more tickets given out for "inconsiderate" parking.
More from Motoring
Simple parking tip 'could save car finance customers money'
Jul 28 2008Car finance customers looking to cut down the cost of driving could put the brakes on spending with a simple parking tip.
More from Motoring
Manufacturers still building new cars for sale
Jul 25 2008The credit crunch appears to have so far failed to impact on the car manufacturing industry, according to new figures on the number of vehicles entering the market of new cars for sale.
More from Motoring
Possible relief for car finance customers as petrol prices fall
Jul 23 2008Drivers worried about taking out car finance for a new car due to rising petrol costs could find their fears are eased by a price war developing among supermarkets.
More from Motoring
Mexican firm launches new sports cars
Jul 17 2008Mexican car manufacturer MXT launched its new model, the Mastretta MXT, at this year's British International Motor Show.
More from Motoring
