The Auto Writer

It took much longer than some had expected, but the deal is now done: India’s Tata Motors is now the owner of British makes Jaguar and Land Rover.
With the sale, the Ford Motor Company has freed itself from a pair of headaches, two huge drains on its bottom line. And with Aston Martin a [...]

The Economic Times of India is reporting that the Ford Motor Company will not hold a minority stake in Land Rover and Jaguar once the two luxury British brands are sold to Tata Motors. The unions representing 16,500 Jaguar and Land Rover workers in the UK had insisted that Ford retain a minority interest in [...]