REPORT: Tata green-lights LRX and Jag sportscar

Tata may have spent a huge sum of money in the acquisition of Jaguar and Land Rover from Ford's Premier Automotive Group, but that won't stop the Indian automaker from approving funding for new projects for its newly-acquired babies.
Among the new vehicles for which Tata has reportedly already given the green light are the Jaguar XE and Land Rover LRX. As we previously reported, the sports car known internally as the XE or F-Type will target the likes of the Porsche 911 and face competition from the upcoming Maserati sportscar in 2012 when it is anticipated to hit the market. Around the same time, Land Rover is expected to bring the LRX to market and produce the sporty ute at Land Rover's plant in Halewood, England. Despite the shift in ownership, the vehicles are tipped to still be produced in the UK, although a large government contract to supply India's armed forces with Land Rover Defenders could result in local manufacturing of that utility vehicle on the subcontinent.

[ Via: 4Car ]
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Alfa to work with Jaguar on new vehicle platforms, dealerships?

Hot on the heels of the impending sale official sale of Jaguar and Land Rover to Tata and news that Fiat is looking to start producing Alfa Romeo vehicles in the U.S. are reports that Fiat would be interested in partnering up with the new Jaguar ownership to share rear-wheel-drive platforms for their high-end Alfa models. Tata and Fiat already have close ties, as Ratan Tata, chairman of the Tata Group, is a member of Fiat's board and the two companies jointly produce engines and transmissions in India.
In addition to possible platform sharing between Jaguar and Alfa, Fiat is also interested in using the existing Jaguar and Land Rover dealer base in the U.S. as a way to ease Alfa's re-entry the American market. Anything that helps get Alfa Romeo back in the U.S. is fine by us, but there are surely issues with selling what could possibly be competing brands from the same dealer lots.

[ Via: The Financial Times ]
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