The day Ford humiliated Ratan Tata

[Diggy]

ratan tata along with narendra modi have always inspired me . Even americans humiliated modi so many times by not giving him visa and now look what happened , apne yaha kehte hai na galat admi sey kabhi panga nahi lena chahiye .

 

[Donatello]

A sweet revenge story.

Unlikely, since Ford never bothered to develop the Jaguar/Land rover as it's own brand. It was a wholly owned, indepedent company but that's it. That's why they sold it easily.
Same as in RollsRoyce owned Bentley, then sold it to Volkswagen, and meanwhile RR itself was owned by Volkswagen and now by BMW.

I don't know where comes the revenge part, when Ford never actually had anything to do with Jaguar LandRover, which itself had been through a lot of re-organization.

But of course, sensationalism and spice.

 

[kaku1]

Unlikely, since Ford never bothered to develop the Jaguar/Land rover as it's own brand. It was a wholly owned, indepedent company but that's it. That's why they sold it easily.
Same as in RollsRoyce owned Bentley, then sold it to Volkswagen, and meanwhile RR itself was owned by Volkswagen and now by BMW.

I don't know where comes the revenge part, when Ford never actually had anything to do with Jaguar LandRover, which itself had been through a lot of re-organization.

But of course, sensationalism and spice.

Do you like food without spice?

 

[Donatello]

Do you like food without spice?

Actually i do, due to suffering from GERD.
But, i definitely don't prefer BS level of spice in news articles.

 

[SpArK]

Unlikely, since Ford never bothered to develop the Jaguar/Land rover as it's own brand. It was a wholly owned, indepedent company but that's it. That's why they sold it easily.
Same as in RollsRoyce owned Bentley, then sold it to Volkswagen, and meanwhile RR itself was owned by Volkswagen and now by BMW.

I don't know where comes the revenge part, when Ford never actually had anything to do with Jaguar LandRover, which itself had been through a lot of re-organization.

But of course, sensationalism and spice.

Revenge comes when the small company was humiliated back in 99, over talks for acquiring its brand by Ford officials and then the same company officials saying Tata has done them a great favor (read money) by doing business wrg to Jags and LR.

We call it revenge. You can call it normal. Different people different perspective.

 

[Donatello]

Revenge comes when the small company was humiliated back in 99, over talks for acquiring its brand by Ford officials and then the same company officials saying Tata has done them a great favor (read money) by doing business wrg to Jags and LR.

We call it revenge. You can call it normal. Different people different perspective.

Okay, i know what you call it, but hey, this isn't the kind of act that constitutes as a 'revenge'.....maybe when TATA purchases Ford itself.

 

[anant_s]

@SpArK Sir, for a person of Ratan Tata's integrity and conduct of life, revenge is too strong a word, but nevertheless, ford must have learnt that

 

[thesolar65]

@thesolar65 I was thinking about opening this thread when I get home!

I think Tata had a similar incident with a foreign hotel brand also.

I actually went to my hotel this evening and saw this article in a local Odia daily and after coming home, searched google and posted it!!

Ford doesn't want to buy TATA's fledgeling sports car at some point in history.. became humiliation for TATA ! how?

Who is TATA out of you posters?

Want to sell Azad Kashmir? We all TATAs will buy it if you agree!!

 

[nik22]

what this news is doing in defense forum?

 

[Screambowl]

TATA is doing better than Ambani! They make India proud ' the name' reliance never does that

 

[Bornubus]

Ratan Tata .... A achiever he possessed the Quality of Taking Risks.... A imp.factor of Entrepreneurship


“I don’t believe in taking right decisions, I take decisions and make them right.”

Ratan Tata

Now plZ ....give our Military some Hardcore Stuff.... Ranging ATVs and IFVs

 

[pursuit of happiness]

Ratan Tata and his team faced "humiliation" when they went to sell the group's fledgling car business to Ford in 1999, but came back to "do a big favour" just nine years later by taking over the American giant's marquee brands Jaguar and Land Rover.

"They told us 'you do not know anything, why did you start the passenger car division at all'. They said they will do us a favour by buying our car division," a Tata Group veteran said while recalling a meeting of Ratan Tata and other top executives with Ford officials in Detroit in 1999.

The Tata Motors team decided to return to New York the same evening and Ratan Tata, then the group chairman, was sombre throughout the 90-minute flight, said Pravin Kadle, who was part of the team at that time and now heads Tata Capital.

"This was in 1999 and come 2008, the same Ford's JLR was bought by us. Ford chairman Bill Ford thanked Tata, saying 'you are doing us a big favour by buying JLR'," Kadle said, to a thunderous applause at an awards function on Thursday night.

He was speaking, mostly in Marathi, after receiving the YB Chavan National Award 2014 on behalf of Ratan Tata, who is now Chairman Emeritus of the over USD 100-billion group.

The poor response to its maiden hatchback Indica had driven Tata Motors to sell the car business, within a year of its debut in 1998, to Ford Motor.

"Some people advised chairman Ratan Tata to sell the passenger car division following the poor response it got post launch. Ford officials came down to our headquarters Bombay House and evinced interest in our car business.

"We were called to Detroit for discussions and I accompanied the chairman. For nearly three hours, we discussed the sell-off with Ford officials but were meted out humiliating treatment," said Kadle, who played a major role in the turnaround and growth of Tata Motors.

During his tenure at Tata Motors, Kadle was part of the senior leadership team that managed the cross-border acquisitions like Daewoo of South Korea, Incat Technologies of the UK and eventually of Jaguar-Land Rover of UK.

The day Ford humiliated Ratan Tata | News Mobile

@levina @45'22' @janon @scorpionx @Guynextdoor2 @SpArK @MilSpec @Rain Man @Skull and Bones @jamahir @Bornubus @wolfschanzze @Mike_Brando @Srinivas @TimeTraveller @halupridol @HariPrasad @gslv @Blue_Eyes @doppelganger @Bang Galore @kaku1 @Koovie @Ind4Ever @IND151 @SarthakGanguly @anant_s @jbgt90 @Dash @Ryuzaki @AUSTERLITZ @bloo @SRP @Roybot @Robinhood Pandey @AMCA @GR!FF!N @CONNAN @Tshering22 @Lord Zen @Screambowl @pursuit of happiness @Chanakya's_Chant @Manindra @he-man @SrNair @IndoCarib @third eye @Zebra @itachiii @KayAay @NKVD @GURU DUTT @Omega007 @kurup @JanjaWeed @nair @OrionHunter @jarves

--
One of few role model for anyone who want to make their and other life bit better than yesterday in positive way .
@thesolar65
make same philosophy successful for your venture too..

 

[Echo_419]

Ratan Tata and his team faced "humiliation" when they went to sell the group's fledgling car business to Ford in 1999, but came back to "do a big favour" just nine years later by taking over the American giant's marquee brands Jaguar and Land Rover.

"They told us 'you do not know anything, why did you start the passenger car division at all'. They said they will do us a favour by buying our car division," a Tata Group veteran said while recalling a meeting of Ratan Tata and other top executives with Ford officials in Detroit in 1999.

The Tata Motors team decided to return to New York the same evening and Ratan Tata, then the group chairman, was sombre throughout the 90-minute flight, said Pravin Kadle, who was part of the team at that time and now heads Tata Capital.

"This was in 1999 and come 2008, the same Ford's JLR was bought by us. Ford chairman Bill Ford thanked Tata, saying 'you are doing us a big favour by buying JLR'," Kadle said, to a thunderous applause at an awards function on Thursday night.

He was speaking, mostly in Marathi, after receiving the YB Chavan National Award 2014 on behalf of Ratan Tata, who is now Chairman Emeritus of the over USD 100-billion group.

The poor response to its maiden hatchback Indica had driven Tata Motors to sell the car business, within a year of its debut in 1998, to Ford Motor.

"Some people advised chairman Ratan Tata to sell the passenger car division following the poor response it got post launch. Ford officials came down to our headquarters Bombay House and evinced interest in our car business.

"We were called to Detroit for discussions and I accompanied the chairman. For nearly three hours, we discussed the sell-off with Ford officials but were meted out humiliating treatment," said Kadle, who played a major role in the turnaround and growth of Tata Motors.

During his tenure at Tata Motors, Kadle was part of the senior leadership team that managed the cross-border acquisitions like Daewoo of South Korea, Incat Technologies of the UK and eventually of Jaguar-Land Rover of UK.

The day Ford humiliated Ratan Tata | News Mobile

@levina @45'22' @janon @scorpionx @Guynextdoor2 @SpArK @MilSpec @Rain Man @Skull and Bones @jamahir @Bornubus @wolfschanzze @Mike_Brando @Srinivas @TimeTraveller @halupridol @HariPrasad @gslv @Blue_Eyes @doppelganger @Bang Galore @kaku1 @Koovie @Ind4Ever @IND151 @SarthakGanguly @anant_s @jbgt90 @Dash @Ryuzaki @AUSTERLITZ @bloo @SRP @Roybot @Robinhood Pandey @AMCA @GR!FF!N @CONNAN @Tshering22 @Lord Zen @Screambowl @pursuit of happiness @Chanakya's_Chant @Manindra @he-man @SrNair @IndoCarib @third eye @Zebra @itachiii @KayAay @NKVD @GURU DUTT @Omega007 @kurup @JanjaWeed @nair @OrionHunter @jarves

Great story

 

[wiseone2]

--
One of few role model for anyone who want to make their and other life bit better than yesterday in positive way .
@thesolar65
make same philosophy successful for your venture too..

I disagree with Ratan Tata. there are bad decisions

 

[Koovie]

This is called "INDIAN TYPE OF REVENGE" no fighting but You get better result than punching in the nose

No its the way the globalized free market works.