Folks,

For those who have been threatened by Jaguar/Land Rover Sales, here a bit ‘o good news!

Wheels Unplugged Link:
http://www.wheelsunplugged.com/ViewNews.aspx?newsid=4755

Excerpt:

... John Edwards, managing director, Land Rover UK commented: “It’s great to see the market up over 30% and we’re excited to achieve an 89% rise in October versus last year. It demonstrates what an outstanding success the new 2010 model year vehicles have been and proves the importance of having new products in an ever competitive market.”

Now that Tata Motors Ltd. [TTM] has shown that it can and does handle the more difficult portions of it’s debt, it’s only necessary that it’s profitability improve to pre-economic crash heights. This is certainly a good start!

I expect TTM’s newest Jaguar models to be well received as well (US release 1-2/2010) ... by March 2010, we’ll know more.

All my best,


Sails
Position: Long & holding