AM Online

Tata in position to buy Jaguar/Land Rover

Ford is reportedly poised to announce Indian carmaker Tata as the buyer of its Jaguar and Land Rover businesses.

The sale would be the first time a major western car brand has been bought by an Indian company.

AM reported in September (view article) that industry experts predicted Tata would succeed, as it would build on the Jaguar and Land Rover businesses and could use the acquired technology to improve its own 4x4 vehicles on the market in the east.

The Sunday Times yesterday reported sources close to the negotiations claiming an announcement could be made within a fortnight.

Last month Tata’s bid received public backing from Unite, the UK’s largest union representing workers at Jaguar and Land Rover’s assembly plants.



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