delusionofgrandeur

Ford has sold the Land Rover and Jaguar marques to Indian company TATA for what seems like a paltry £1.15bn.
Jag and Land Rover represent 16,000 British jobs in Solihull and Castle Bromwich in the West Midlands and on Merseyside.

While no immediate changes are planned by TATA to the British workforce, no direct assurances are given about the future safety of jobs (at least not publicly).

TATA famously introduced the ‘worlds cheapest production car’ recently. They will now preside over the manufacture of some of the world’s most expensive cars.

This entry was posted on Wednesday, March 26th, 2008 at 1:02 pm and is filed under Automotive, Economy, News.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.