Tata takeover a turning point in car industry: UK experts

[OhioChick]

London, April 04: Tata`s takeover of Jaguar and Land
Rover will be a key turning point in the car industry`s
history, automobile experts say.

Coventry-based Nick Seale of the Warwick Manufacturing
Group believes that the takeover will also be of global and
historic significance.

Seale said: "when the history of the motor industry is
written, they will look back on this event as one of the key
turning points.

"The Indian purchase of two of the strongest brands in
the world car industry is really significant because the
industry, 20 years from now will be very different, and if I
was a betting man, I will say India will be a major player."

He told the Coventry evening Telegraph: "the US companies
have been world leaders for 50 years now but they are
experiencing difficulties. The Japanese have risen and out of
the Japanese/US power struggle and we`ve suddenly got the emerging
world of India and China becoming a real force.

http://www.zeenews.com/articles.asp?aid=434594&sid=BUS&ssid=51