posted by admin on Nov 12
The sale of Land Rover and Jaguar to Tata by Harvey Williams In March 2008 Jaguar and Land Rover were both sold by Ford, to Tata the Indian motor manufacturer for $2.3 billion. Ford over the years, invested an estimated $10 billion into the two British marques. It is understood that Ford have agreed to make up the shortfall in the employee’s pension funds, which cost the company a further $600 million. A considerable loss indeed until you compare it with Daimler Chrysler selling just over 80% No tags for this post.
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