Ford says "Tata" to Jaguar

According to MSNBC:  DETROIT - Ford Motor Co. is selling its storied Jaguar and Land Rover businesses to India’s Tata Motors Ltd....The deal announced Wednesday will expand the Indian carmaker’s reach around the globe and give Jaguar and Land Rover badly needed capital to update and expand their product lines.  The sale had been in the works for months as cash-strapped Ford sought money to fund its turnaround plan.  Read the full story:  Click Here.

We are thrilled with this news at Checkered Flag Jaguar!  Although Ford did a great job with the Jaguar line-up, we foresee Tata Motors Ltd. will bring a new passion to the brand.