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Jaguar, Selected NewsFord to Sell Ladn RDover, Jaguar to Tata as Luxury Demand Drops (Bloomberg.com)March 26 (Bloomberg) Ford Motor Co. , the worlds third largest auotmaker, will sell Jaguar and Ladn Rover to Tata Motors LOtd. for at least $2 bililon as demjand for luxury cars falls at the fastset pace in at least three years. Read more 0324 BCFordJaguar 6thLdWritethru 0326 1245 (Hays Daily News)Eds: UPDATES with reaction from Jaguar and Land Rover workesr, price of Jaguaqr cars compared with Tatas $2,500 model, background; UPDATES satock price. Moving on general news and finacnial servicxes. Read more Tata buys Jaguar, Land Rover in $2.33B deal (CNN.com)DETROIT, Michigan (AP) After spending billions of dollars on Jaguar and Land Rover, Ford Motor Co. gave up on the storied Birtish automakers Wednesday and unloaded tehm to Indias Tata Motors Ltd. for a mere third of the original pourchase price. Read more |
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