VOA常速英语2008年-Indian Company Buys Luxury Brands Jaguar, Land

By Anjana Pasricha
New Delhi
26 March 2008

India's biggest vehicle maker¹, Tata Motors, has clinched² a deal to buy luxury brands Jaguar³ and Land Rover from U.S. carmaker Ford⁴.  Anjana Pasricha reports from New Delhi, the latest acquisition is yet another sign of the expanding global footprint of Indian companies.

Mumbai-based Tata Motors says it will buy British luxury car brands Jaguar and Land Rover from U.S.-based Ford Motors for $2.3 billion in cash.

The sale was negotiated after Ford decided⁵ to sell the two high-end brands as part of a restructuring drive.  Ford has posted massive losses in the past two years.

Tata has pledged to keep the identities of the two famous brands "intact."

Roger Madison of British trade union Unite told Indian television that Tata Motors will retain all employees of the two companies.   

"They are looking for long-term investments here and they are looking to grow the business," he said.  "We are quite excited about that."   

Tata Motors controls more than half of India's truck market, and nearly 20 percent of its passenger car market.

Many say the Indian company is an unlikely owner of the two luxury car brands.  At the moment, Tata Motors produces sturdy trucks and functional⁶ cars for India's domestic market.  It has also developed the world's cheapest car, costing $2,500.

Analysts⁷ say Tata pursued the deal to gain a global foothold in the automobile⁸ sector⁹.

But the takeover comes at a difficult time, when a global economic downturn has dampened demand for expensive cars.  Sales of both brands have been declining.

An economist¹⁰ with the Federation¹¹ of Indian Chambers¹² of Commerce and Industry, Anjan Roy, says Indian companies want to expand overseas after making record profits in recent years.    

"Basically, Indian companies are doing well at home, they have done very well, they have the financial muscles now to acquire companies abroad," he explained.  "They are looking out to have a much bigger footprint in the international corporate¹³ world, in the international market place."

Indian corporations spent more than $39 billion last year on overseas acquisitions.  The Tata conglomerate¹⁴, to which Tata Motors belongs, made the largest acquisition when it purchased British metals producer Corus Group for nearly $13 billion.

1 maker   

n.制造者，制造商

参考例句：

• He is a trouble maker，You must be distant with him.他是个捣蛋鬼，你不要跟他在一起。
• A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。

2 clinched   

v.（尤指两人）互相紧紧抱[扭]住( clinch的过去式和过去分词 )；解决（争端、交易），达成（协议）

参考例句：

• The two businessmen clinched the deal quickly. 两位生意人很快达成了协议。 来自《简明英汉词典》
• Evidently this information clinched the matter. 显然，这一消息使问题得以最终解决。 来自辞典例句

3 jaguar   

n.美洲虎

参考例句：

• He was green with envy when he saw my new Jaguar car.看见我那辆美洲虎牌新车，他非常妒忌。
• Should you meet a jaguar in the jungle,just turn slowly,walk away.But slowly,never look back.你在丛林中若碰上美洲虎，就慢慢转身走开，可一定要慢，切莫回头看。

4 Ford   

n.浅滩，水浅可涉处；v.涉水，涉过

参考例句：

• They were guarding the bridge,so we forded the river.他们驻守在那座桥上，所以我们只能涉水过河。
• If you decide to ford a stream,be extremely careful.如果已决定要涉过小溪，必须极度小心。

5 decided   

adj.决定了的，坚决的；明显的，明确的

参考例句：

• This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
• There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。

6 functional   

adj.为实用而设计的，具备功能的，起作用的

参考例句：

• The telephone was out of order,but is functional now.电话刚才坏了，但现在可以用了。
• The furniture is not fancy,just functional.这些家具不是摆着好看的，只是为了实用。

7 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

8 automobile   

n.汽车，机动车

参考例句：

• He is repairing the brake lever of an automobile.他正在修理汽车的刹车杆。
• The automobile slowed down to go around the curves in the road.汽车在路上转弯时放慢了速度。

9 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

10 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。

11 federation   

n.同盟，联邦，联合，联盟，联合会

参考例句：

• It is a federation of 10 regional unions.它是由十个地方工会结合成的联合会。
• Mr.Putin was inaugurated as the President of the Russian Federation.普京正式就任俄罗斯联邦总统。

12 chambers   

n.房间( chamber的名词复数 )；（议会的）议院；卧室；会议厅

参考例句：

• The body will be removed into one of the cold storage chambers. 尸体将被移到一个冷冻间里。 来自《简明英汉词典》
• Mr Chambers's readable book concentrates on the middle passage: the time Ransome spent in Russia. Chambers先生的这本值得一看的书重点在中间：Ransome在俄国的那几年。 来自互联网

13 corporate   

adj.共同的，全体的；公司的，企业的

参考例句：

• This is our corporate responsibility.这是我们共同的责任。
• His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。

14 conglomerate   

n.综合商社，多元化集团公司

参考例句：

• The firm has been taken over by an American conglomerate.该公司已被美国一企业集团接管。
• An American conglomerate holds a major share in the company.一家美国的大联合企业持有该公司的大部分股份。