Automotive news is really the purview of The Other Half, but even I was aware that Ford Motor Company was in some financial dire straights. So, it's time for them to offload some of their extraneous brands. Jaguar, for one, never seemed like a good Ford fit to me, and apparently they finally think so too. But how strange is it that a British mainstay like Jaguar could be taken over first by former British colonists, the USA, and now be run by India? I'll bet the Queen is not amused.
[Excerpt]
Ford clears new path with sale of Jaguar, Land Rover
Ford Motor Co. removed a major distraction from its massive restructuring plan with the sale of luxury brands Jaguar and Land Rover to India's Tata Group, analysts said on Wednesday. . .
Read more at: The Economic Times
