Archive for the ‘Jaguar’ Category
It is now official.
In an announcement sent out by the Ford Motor Company, the auto industry has finally confirmed the completion of the purchase of Ford’s Jaguar and Land Rover luxury brands. Tata Motors of India bought the two brands which are part of Ford’s Premier Automotive Group (PAG). The announcement did disclose that Tata Motors would be purchasing the two brands for an estimated $2.3 billion.
On the deal, Ford’s CEO and president, Alan Mulally, mentioned that with Jaguar and Land Rover being good brands, the company is confident that both of them would be able to do well with Tata handling them. He also disclosed that the decision to sell both brands was actually part of the company’s goal which was to have a stronger and more focus-driven brand.
Posted by Rowan Pierce in Auto News, Ford, Jaguar |
Posted by Rowan Pierce in 2006 British International Auto Show, Auto News, Jaguar |
Posted by Rowan Pierce in Auto News, Auto Shows and Events, Auto Trends and Innovations, Jaguar |
Posted by Rowan Pierce in Acura, Audi, Auto News, Auto Technology, Auto Trends and Innovations, BMW, Cadillac, Infiniti, Jaguar, Mercedes Benz, Nissan, Toyota, Vehicle Safety, Volkswagen |
Posted by Rowan Pierce in 2006 New York International Auto Show, Acura, Audi, Auto News, Auto Shows and Events, BMW, Chrysler, Ford, GM, Honda, Jaguar, Jeep, Lexus, Mazda, Mercedes Benz, Nissan, Toyota, Volkswagen, Volvo |
Posted by Rowan Pierce in Auto News, BMW, Chevrolet, Dodge, Ford, Honda, Jaguar, Mercedes Benz, Toyota, Volvo |
Posted by Rowan Pierce in Auto News, Car Reviews, Jaguar |