Company
Tata Motors
TL;DR
Indian automotive company within Tata Group that acquired Jaguar Land Rover from Ford for $2.3 billion in 2008, just before the global financial crisis.
Indian automotive company within Tata Group that acquired Jaguar Land Rover from Ford for $2.3 billion in 2008, just before the global financial crisis. For five years, Tata Motors hemorrhaged cash with losses exceeding $400 million in 2009 alone. Industry analysts predicted bankruptcy.
Yet the sparse network topology of Tata Group contained the contagion - TCS, Tata Steel, and Taj Hotels continued operations unaffected. When Tata Motors needed capital, it raised debt independently rather than draining other subsidiaries.
Cautionary Notes on Tata Motors
- Nano car failure (2008-2018) tarnished Tata brand reputation