Ford Inside News Community - Reply to Topic
Thread: "Land Rover/ Jag Sale Announcement "Set" Reply to Thread
Send Trackbacks to (Separate multiple URLs with spaces) :
Post Icons
You may choose an icon for your message from the following list:

Register Now

In order to be able to post messages on the Ford Inside News Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


  Additional Options
Miscellaneous Options

  Topic Review (Newest First)
02-25-2008 06:38 PM
Re: "Land Rover/ Jag Sale Announcement "Set"

"This is just a nasty rumor. Ford will never sell these brands. They've said so."
02-25-2008 06:37 PM
Re: "Land Rover/ Jag Sale Announcement "Set"

I thought that was funny. "Set" for March 5 OR 6. They can't even be firm about that.

“The sooner everything goes through, the better,” said Maddison. “The workforces are beginning to get anxious.”

02-25-2008 06:35 PM
"Land Rover/ Jag Sale Announcement "Set"

Jaguar, Land Rover sale announcement set for March 5 or 6

Tony Lewin

Automotive News | February 25, 2008 - 10:17 am EST

Tata Motors will announce its purchase of Jaguar Land Rover on March 5 or 6.

The dates have been agreed between Tata and Ford, which is selling the two luxury brands, following talks with trade union leaders last week.

Roger Maddison, national officer of Unite, the largest union in the UK auto industry, told Automotive News Europe Tata had agreed to meet guarantees sought by workers’ leaders.

He said, “Everything seems fine as far as we are concerned; it’s just the lawyers working on it now.”

Union leaders spoke with Ford and Tata to resolve final details before the drawing up of a memorandum of understanding for the sale.

In earlier talks with the two companies, unions had been seeking assurances that Tata would continue to source engines, stampings and other systems from Ford’s plants in Bridgend in Wales and Dagenham, near London.

All Jaguar and Land Rover engines come from Ford plants, as do many of Land Rover’s stampings.

While Ford would not comment officially on the planned announcement date, insiders confirmed to ANE that March 5 or 6 were “not too far off track.”

A Ford source ruled out any kind of announcement at next week’s Geneva auto show, where the first press day is on Tuesday, March 4.

At Geneva, Ford is launching a new version of its second-biggest seller, the Fiesta small car.

The source said an announcement of a deal with Tata would be held back to avoid overshadowing the debut of this key new model.

“The sooner everything goes through, the better,” said Maddison. “The workforces are beginning to get anxious.”


Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

For the best viewing experience please update your browser to Google Chrome