08-06-2006, 06:33 PM
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Registered User
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Join Date: Oct 2005
Posts: 1,184
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Ford Rumored to Sell Land Rover/Jaguar
According to CNN Money, Ford may be selling Land Rover/Jaguar as a package deal. The story can be found at the link below:
"LONDON (Reuters) -- Ford Motor Co. may sell Land Rover along with Jaguar, as part of a shake-up of its British brands, The Sunday Times reported.
The newspaper said it was understood that Ford's senior management, led by chairman and chief executive Bill Ford Jr., was considering packaging the two marques together and selling a majority stake to a financial investor.
The paper said banking sources had also said, however, that it was still not certain that Ford would part company with Jaguar and that there was a chance it would be retained, but with reduced production and a concentration on exclusive luxury sports cars."
http://money.cnn.com/2006/08/06/news...androver.reut/
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