Posted on April 8, 2008 by sonicdigitals
Following Wednesday’s announcement that Jaguar and Land Rover officially belonged to India’s Tata Motors, the luxury marques’ future product plans were leaked. The plans continue all the way up to 2016 — although Tata has only agreed to guaranteed the next five years of production plans — and show some radical changes for the [...]
Filed under: Car News, Jaguar, Land Rover | Tagged: Jaguar, Land Rover | Leave a Comment »
Posted on April 7, 2008 by sonicdigitals
Ford announced on Wednesday the sale of its Jaguar and Land Rover luxury brands to India’s largest automaker, Tata Motors. The deal will include the brands, plants and Intellectual Property Rights, all for a cash sum of about $2.3 billion, with a commitment from Ford to pay out $600 million in future pensions to [...]
Filed under: Car News, Jaguar, Land Rover | Tagged: Jaguar, Land Rover, Tata | Leave a Comment »
Posted on April 5, 2008 by sonicdigitals
While it’s no secret that Ford is preparing to sell its Land Rover and Jaguar brands to India’s Tata Motors, the Michigan-based automaker will reportedly make the official announcement of the sale on Wednesday. According to the Financial Times, Ford will announce the $2 billion deal sometime on Wednesday. The deal will likely include [...]
Filed under: Car News, Ford, Land Rover | Tagged: Ford, Jaguar, Land Rover, Tata | Leave a Comment »