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June 12, 2007

Ford Weighs Jaguar, Land Rover Future

Ford said it was reviewing its position on its Jaguar and Land Rover businesses, and union officials pressed for more information amid reports that the two brands were up for sale, according to the Associated Press.

John Gardiner, a spokesman for Ford's Premier Automotive Group, told Dow Jones Newswires that the company continued to review all of its global operations and all options were still on the table.

"I can confirm we're working with our financial advisers to determine the best way forward for Jaguar and Land Rover," Gardiner said.

Posted by   at 9:53 AM to Auto industry , Companies , Marques , Sales | Permalink

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