Ford Expects More For Land Rover And Jaguar

We all have been waiting for who will be the next owners of Ford Motor Company`s luxury car brands Land Rover ad Jaguar. Now, the Detroit based automaker has not yet decided on who will be the next owners of the brands. After several months of bidding, Ford will be narrowing down the potential buyers to only a few. And Ford promises to reveal the potential buyers of their car brands.

From so many buyers who have expressed their interest in the purchasing the car brands, Ford only expects India’s Tata Motors, One Equity, Ripplewood, TPG and Terra Firm to be the potential buyers of their brands.

Ford has reached a $1.5 billion bid from the potential buyers and they are still hoping to receive more bids of up to $8 billion. I just hope Ford is not expecting too much since these car brands are not that selling well right now.

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Written by The Ford Newscaster on November 4th, 2007 with no comments.
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