Fleet News

Tata in position to buy Jaguar/Land Rover

Ford is reportedly poised to announce Indian carmaker Tata as the buyer of its Jaguar and Land Rover businesses.

The sale would be the first time a major western car brand has been bought by an Indian company.

Industry experts have predicted Tata would succeed, as it would build on the Jaguar and Land Rover businesses and could use the acquired technology to improve its own 4x4 vehicles on the market in the east.

The Sunday Times yesterday reported sources close to the negotiations claiming an announcement could be made within a fortnight.

Last month Tata’s bid received public backing from Unite, the UK’s largest union representing workers at Jaguar and Land Rover’s assembly plants.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee