Tata values Jaguar, Land Rover at $2b. Are they crazy?

According to the New York Times, Ford could seal the deal on a Jaguar, Land Rover sell off in a matter of days. Indian firms Tata and Mahindra & Mahindra are currently the highest bidders, valuing the company at $2.05 and $1.90 billion respectively. Both sums are considerably more than the £10 Phoenix paid BMW for… » 12/19/07 12:30pm 12/19/07 12:30pm