Archive for the ‘jaguar’ tag
Jaguar, Land Rover to Change Hands #
March 25th, 2008 | In Worth Knowing
Tomorrow Ford is supposed to announce the sale of its high-end Jaguar and Land Rover brands to India’s Tata Motors — the company that recently announced a $2500 car. We truly live in a changing world.
Tata is likely to pay about $2bn (£1bn) in the deal, although analysts will be keen to see the exact price and terms.
The agreement will bring to an end a lengthy sale process which started last June when Ford announced its intention to sell the companies as a package.