June 05, 2008
Ford Motor Company Completes Sale of Jaguar/Land Rover to Tata Motors
DEARBORN, MI – Ford Motor Company has completed the sale of its Jaguar Land Rover operations
to Tata Motors. The sale is the culmination of Ford’s decision last August
to explore strategic options for the Jaguar Land Rover business, as the company
accelerates its focus on its core Ford brand and “One Ford” global
transformation. It also allows Jaguar Land Rover to focus on delivering what is
best for its business.
As part
of the overall sale agreement between Ford and Tata Motors, Ford will continue
to supply Jaguar Land Rover with engines, stampings, and technology, including
a range of environmental technologies.
For more information, visit www.ford.com.