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Tata Named Sole Jag/Land Rover Bidder

Ford opened up a new era in automotive history Thursday by announcing it hoped to sell the company's Jaguar and Land Rover brands to India's Tata Motors, according to thecarconnection.com

Ford had announced last year it planned to sell both Jaguar and Land Rover in a bid to raise more cash to sustain its core business in both North America and Europe while the company goes through a difficult and lengthy restructuring.

Posted by Peter C. T. Elsworth  at 12:34 PM to Ford | Permalink

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