AM Online

JCB boss says he would like to buy Jaguar

The chairman of JCB has said he would be interested in buying Jaguar.

Sir Anthony Bamford said in a Financial Times interview: ‘If they (Ford) can separate Jaguar out (from Land Rover), then I'd like to buy it.’

He said he had not, however, approached either Jaguar or its parent company. Sir Anthony added that Jaguar would need to be downsized.

"The little car (X-type) needs to go. The S-type is critical and the XJ is a very good car, but it needs a re-skin," he told the paper.

Ford Motor Company is reportedly considering becoming a private company. The Ford family currently owns about 40% of Ford’s shares. Ford chairman and CEO Bill Ford is also said to have approached Nissan-Renault CEO Carlos Ghosn about an alliance should Ghosn not succeed in a partnership with GM.



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