Ford Confirms That India’s Tata Motors Is the Preferred Bidder In Jaguar & Land Rover Sale!
Cars

Ford Confirms That India’s Tata Motors Is the Preferred Bidder In Jaguar & Land Rover Sale!


Following several reports last month that India’s Tata Motors was Ford’s first choice in the combined sale of Land Rover and Jaguar, the American carmaker issued a statement today official confirming that the Indian Group is the company’s preferred bidder.

Here’s what to Lewis Booth, executive vice president – Ford of Europe and Premier Automotive Group (Chairman – Jaguar, Land Rover, Volvo and Ford of Europe) said:

“Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.”

"There is still a considerable amount of work to do, and while no final decision has been made, we will proceed with further substantive discussions withTata Motors over the forthcoming weeks with a view to securing an agreement that is in the best interests of all parties concerned."





- Tata Reportedly Developing Its Own Land Rover Discovery Sport-based Model
It seems that the acquisition of Jaguar-Land Rover by India’s Tata Motors wasn’t all just about the new investors’ desire to finance the group but to also improve its own vehicles. Now, we hear rumors of a possible Land Rover Discovery...

- Tata Motors Hires Ex-opel Boss, Carl-peter Forster As Group Ceo
The former boss of General Motors Europe, Carl-Peter Forster, has been hired by India's largest automobile manufacturer, Tata Motors, as the group's Chief Executive Officer with overall responsibility of Tata Motors Operations globally, including...

- Jaguar And Land Rover To Enter Indian Market For The First Time
Tata's newly formed "Jaguar Land Rover" premiere car group has announced that it will enter the Indian market for the first time later this year. The Jaguar and Land Rover models will be distributed in the country by the British group's owner,...

- Tata May Appoint Ford Boss To Run Jaguar & Land Rover
The Indian Tata Group, which has been confirmed by Ford as the preferred bidder for the British marques Jaguar and Land Rover (see here), is likely to name a top Ford executive in Europe as chief executive of the Jaguar-Land Rover group according to a...

- India’s Tata Confirms Interest In Acquiring Jaguar & Land Rover From Ford
Just a few days before Jaguar launches the XF, probably the most important model in the past decade or so for the British carmaker, and India’s Tata Group chairman confirmed his company’s interest in buying Ford’s Jaguar and Land...



Cars








.