Ford 'Set to Sell' Loss-Making Jaguar

Summary


Jaguar bosses refused to be drawn into a wave a speculation about the carmaker's future yesterday despite newspaper reports that Ford was negotiating to sell the loss-maker.

The Premier Automotive Group company, which builds three of its four models at Castle Bromwich, Birmingham, was linked with a number of suitors, including Hyundai of Korea, Russian billionaire Oleg Deripaska, whose Gaz automotive group last week bought Birmingham vanmaker LDV for a reported pounds 50 million, Peugeot and Toyota.

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Ford 'Set to Sell' Loss-Making Jaguar

One report even claimed that Ford was also putting Land Rover up for sale along with Jaguar as part of a far-reaching shak...

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