|14th June 2007, 09:01||#1|
Senior - BHPian
Join Date: May 2006
Location: C C K
Thanked: 87 Times
According to AutocarExpress(UK)Ford may sell Jaguar and Landrover
Ford is to sell its luxury car builders Jaguar and Land Rover for up to £3 billion, Auto Express has learned
12th June 2007
Jaguar and Land Rover both face significant challenges in the years to come
Though the move is yet to be made official, the American company has revealed its plans to government ministers, and explained that three banks, including Goldman Sachs, Morgan Stanley and HSBC will advise it during the sale.
contd...Ford to sell Jaguar and Land Rover | Auto Express News | News | Auto Express
- Auto Express UK
Last edited by maxbhp : 14th June 2007 at 09:05.
|14th June 2007, 09:18||#2|
Join Date: Jun 2007
Thanked: 20 Times
ford selling premium brands
ford just recently sold ASTON MARTIN , land is doing great posting profits should be no reason to sell, jaguar on the other hand is in a mess & should be sold
|14th June 2007, 15:12||#3|
Join Date: Jan 2005
Location: Bangalore, Singapore
Thanked: 31 Times
its confirmed- they are selling jag and land rover- expected price for both: 12billion USD. they are apparently also considering selling volvo, which would mean that the entire Premier Automotive Group owned by Ford will be sold off. they are thinking of sticking to core competencies of cost leadership in order to fuel their return to profitability...