For those that don’t know, Tata Motors (India’s largest automotive manufacturer) is finalizing its takeover of Jaguar and Land Rover from Ford. I guess all this buying power has gone to Chief Ratan Tata, he has hinted that his next acquisition could be a stake in Ferrari.
Now, this isn’t as much of a stretch as one might think. Tata is already involved with Fiat, which owns 85 percent of Ferrari. Tata joined Fiat’s board in 2006, he was recommended by the Agnelli family and both firms are already tied up over an engine supply deal.
So, it seems to me Tata is just a few steps away from doing just what he wants…participation in the shareholding of Ferrari.
Source: MotorAuthority.com/news
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