www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Tatas front-runner to buy our brands: Ford

Font Size

Reuters

Posted: Jan 03, 2008 at 0000 hrs IST

London, January 3: US carmaker Ford said on Thursday that India's Tata Motors was the front-runner to buy its European brands -- Jaguar and Land Rover.

"Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar/Land Rover business," said Lewis Booth, Ford executive vice president with responsibility for Ford Europe.

"There is still considerable work to do and while no final decision has been made, we will proceed with further substantive discussions with Tata Motors over the forthcoming weeks."

A source familiar with the matter said earlier on Thursday that Ford was set to name Tata Motors as the front-runner to buy Jaguar and Land Rover.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Cong retains all three assembly seats in Kerala bypolls

Trinamool wins 1 seat, set to upstage Left in Bengal

Raj-Azmi rivalry goes a long way

Raj Babbar ahead of Dimple Yadav in Firozabad bypoll

Two Patil heads rolled after 26/11, one defends the other

Hawala dealer from Indonesia and Koda’s CA key to probe

11 days later, IOC fire over

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map