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Jaguar-Land Rover officially sold (2008)

Rated 3.5 out of 53.5

Ben Pulman, 02 June 2008 15:37

Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth. The sale gives ...

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Jaguar-Land Rover officially sold (2008)

Rated 3.5 out of 53.5

Ben Pulman, 02 June 2008 15:37

Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth. The sale gives ...

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June 2012 issue of CAR magazine
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