31st
March
2008
Sale of Jag, Rover expected today
Ford Motor Co. is expected to announce today that it will sell its Jaguar and Land Rover brands to India’s Tata Motors Ltd. for at least $2 billion, people familiar with the transaction said yesterday.
The deal would transfer two of the world’s best-known luxury brands to India’s largest truck maker. Ford said in January that Tata was the preferred buyer.
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on Monday, March 31st, 2008 at 8:07 am and is filed under Cars, trucks.
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