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Ford: Jaguar & Land Rover To Be Sold Until December!
One down (Aston Martin) two, maybe even three (Volvo), to go: Ford plans to get rid (others call it a sale) of its two remaining British premium brands Jaguar and Land Rover until mid-December, the Spanish daily El Mundo reported, citing Ford Europe chairman and CEO John Fleming. "We are well on and in two months at the most we'll know which of the groups interested in the brands will be their new owner," Fleming told El Mundo. When asked if the two British marques could be sold separately, Fleming ruled out the possibility saying: “"No, not really. They are both very integrated and it would be difficult to sell them separatelyâ€. As for your next obvious question, Ford is still thinking about what it should do with Volvo. "Volvo is a fundamental partner in the development of safety and environmental technology. It would be very dangerous to hand it over to a competitor," he told El Mundo.
Via: Yahoo biz
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Ford Officially Announces Jaguar & Land Rover Sale To Tata Motors For $2.3 Billion
Ford Motor Company issued an official statement today announcing that the sale of its Jaguar and Land Rover marques to India’s Tata Motors for approximately US $2.3 billion. According to Ford, the sale is expected to close by the end of the next...
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Breaking News: Indian Tata To Be Named New Owner Of Jaguar & Land Rover Today
According to a report from UK newspaper “The Birmingham Postâ€, India’s Tata Motors will announce today the acquisition of Jaguar and Land Rover from Ford Motor Company. The report says that Ford has accepted Tata Motors’ £...
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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...
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Fiat Considered Buying Jaguar And Land Rover!
Now we’ve heard them all; if BMW’s alleged interest in Volvo raised an eyebrow or two what would you say if we Fiat Group was dead serious in buying Land Rover and Jaguar from Ford Motor Company? Citing sources familiar with the matter,...
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Pseudo-american Luxury
Ford Motor Company's remaining luxury brands post-Land Rover/Jaguar sale form a duo that is eerily similar to General Motors' upper tier tandem. Yes, it's Swedish/American. The Ford trio of Brits are long gone. Aston Martin is now in handled...
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