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Jaguar

March 26, 2008

Ford Motors has sold two of its luxury car brands to a fellow family-owned company.

Ford Motors has sold two of its luxury car brands to a fellow family-owned company. Tata Motors, part of the Indian-based Tata Group, has bought Land Rover and Jaguar for $2.3 billion.

Ford announced last summer that the brands were being put up for sale and there has been much speculation as to who would be the highest bidder. In January this year Ford confirmed that it had entered into discussions with Tata over a possible sale.

January 3, 2008

Ford Motor Company has announced that fellow family-owned firm Tata Motors, part of the Tata Group, has been chosen as the highest bidder for its luxury Jaguar and Land Rover brands.

Ford Motor Company has announced that fellow family-owned firm Tata Motors, part of the Tata Group, has been chosen as the highest bidder for its luxury Jaguar and Land Rover brands.

Ford bought Jaguar in 1989 after BL Ltd floated it on the London Stock Exchange, and Land Rover was sold by BMW in 2000.

In a statement, Lewis Booth, Ford executive vice-president, said that the company "is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.

November 1, 2003

Many British brands have been acquired by large, foreign family-owned conglomerates. How do they manage to retain the quintessential British qualities so important to their image?

Ian Sclater is a freelance journalist based in Scotland.

Many British brands have been acquired by large, foreign family-owned conglomerates. How do they manage to retain the quintessential British qualities so important to their image?

The Rolls-Royce Motor Cars company has a German driver, BMW. The exclusive Thomas Pink clothing company fits its French owners, the LVMH group. Some of Britain's best known breweries have been lapped up by Belgians (Interbrew) and Americans (Coors).

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