My How the World is Changing...

I am writing this from the United Kingdom, which once ruled the seas and much of the world.

Word comes today that Tata Motors, from India is buying two of the UK's former flagship brands -- Jaguar and Land Rover. (Most recently, Jaguar and Land Rover were owned by Ford Motor. )

This means that Tata will soon be producing the world's least expensive car, the $2,500 Nano, as well as two of the most expensive ones.

This follows earlier news that Carlos Slim, a Mexican, is now the world's richest person, edging out Bill Gates and Warren Buffett.

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Comments

[ZingoBonMot]

LOL! Ford forced to sell two marquee brands for 30 cents on the dollar. Karma?
Now, if Tata decides to market a $10,000 Land Rover, I WANT ONE!

[Rule Of Law]

What's next? Earl Grey Tea from India, too, I imagine?

Oh, the price of Empire.

[cktirumalai]

For some three generations the Tatas have run a variety of enterprises in India as well as abroad, and can draw on that experience.
That Bill Gates and Warren Buffett have been overtaken is news to me.
In the state I grew up in India in the 1940s, its ruler was reputed to be one of the world's richest individuals, for he owned a good deal of his territory. Great wealth acquired through enterprise is more "modern." Of course some were called "robber-barons", linking feudalism and the modern world.

[mommadona]

Pax Americana and Hail Britannia Machina meet the reality-based world.

"Huh..they look like ugly bags of mostly water to me."......