Umai Kakudo Posted April 1, 2008 Report Share Posted April 1, 2008 File this one under WTF over? We've all hoped for Datsun to be revived again but not under these circumstances! http://japanesenostalgiccar.com/blog/2008/04/01/tata-motors-to-buy-nissan-revive-datsun-name/ Not content with its recent purchase of Jaguar and Land Rover from Ford, India’s Tata Motors is turning their sights eastward with a lock on Nissan. The Ford deal netted the India’s largest conglomerate three other hallowed marques too - Rover, Lancaster and Daimler (this one, not that one) - for the bargain basement price of $2.3 billion. Buy two, get three free! In a deal signed last night, the Tata Group will gets a 37% stake in Nissan Motor Co., Ltd. for $4 billion. That, according to Japanese law, is enough for a controlling stake in the boardroom. As part of the deal, Tata will also acquire the Datsun and Prince names, which chairman Ratan Tata plans to revive, adding that they “still have a lot of cachet in nations like Kenya” thanks to the East Safari Rally of the seventies. Tata was founded in 1945 by Jamshetji Tata and produced its first vehicle in 1954 with Daimler-Benz. The car pictured above is the Tata Sumo, a mid-size SUV that, to be honest, seems rather top-heavy. Which, really, is the first thing you think of when you hear the words “sumo” and “tata.” FYI _ Don't discount April 1 as a factor. Quote Link to comment
exit64 Posted April 1, 2008 Report Share Posted April 1, 2008 That's nothing. Ford just bought 65% of Toyota. Oh yea, and I have a 69 510 with 285 miles on it for sale also. Bought it from the little lady down the street who only used it to take her cat to the vet twice a year. Quote Link to comment
bonvo Posted April 1, 2008 Report Share Posted April 1, 2008 tata? sounds like a porn shoot more then a car company Quote Link to comment
pimp1911 Posted April 1, 2008 Report Share Posted April 1, 2008 Tatalicious. Lol. Quote Link to comment
djlotus Posted April 1, 2008 Report Share Posted April 1, 2008 If this is true, it'll be interesting to see how they revive some dead names. Quote Link to comment
hang_510 Posted April 1, 2008 Report Share Posted April 1, 2008 :lol: TTFN :fu: Quote Link to comment
LAYEDOUTB2K Posted April 1, 2008 Report Share Posted April 1, 2008 maybe theyll bring back a minitruck since its dying out in other manufacturers and datsun pretty much started the revolution in the US. maybe even a new retro 320:D Quote Link to comment
pimp1911 Posted April 1, 2008 Report Share Posted April 1, 2008 On the bottom of the website. Do a mouse over the words "Source". And you will get your answer to this article. Quote Link to comment
NSRz32 Posted April 1, 2008 Report Share Posted April 1, 2008 :) Definitely good for a laugh Quote Link to comment
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