Friday, December 21, 2007

Breaking News: Indian Tata To Be Named New Owner Of Jaguar & Land Rover Today

According to a report from UK newspaper “The Birmingham Post”, India’s Tata Motors will announce today the acquisition of Jaguar and Land Rover from Ford Motor Company. The report says that Ford has accepted Tata Motors’ £ 1 billion bid ($ 1.98 billion). An unnamed Land Rover source told the newspaper that the deal is as good as done and that negotiations are expected to be completed in the next

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