No more rumors and speculations about Ford selling Jaguar and Land Rover because the deal finally went through. The Indian company, Tata Motors, will buy the two British brands for the announced price of $2 billion. According to AutoUnleashed, a big portion of the two billion will be used by Ford to pay for Jaguar and Land Rover’s pension fund. Rumors say they'll pay some $600 million. 
It's going to be very curious what will happen now. What marketing and production strategies will the Indian company follow, because we all know that both brands have built over many years and we wouldn't want that to go down the drain.
No official comments from Ford but in the next 24 hours the press release should pop out.
Comment Preview