How Tata Became the Owner of Jaguar and Land Rover

February 26, 2013 at 09:16

Have you ever wondered how Tata became the owner of Jaguar? That is why we are posting this article today – to give you the information about the case. Not that long ago, the largest U.S. automaker Ford has announced its selection for the buyer and Jaguar Land Rover, which he owns from 1989 and 2000 respectively. A final decision on who will be the new owner of the largest British luxury brands, has not been made in favor of the Indian car company Tata Group. It was the first time in the history of the auto industry when major Western automakers was bought by the Indian company.

luxury Jaguar cars at presentation

Image of the luxury Jaguar cars at presentation

On this transaction automaker Ford was planning to make more than one billion U.S. dollars, while with the possibility that it will retain the shares traded companies. Earlier, the British workers union “Unite”, representing the interests of employees of Automobile Ford, expressed support for the Indian car company Tata Motors. Operating factory team wanted to remain part of Ford.

Jaguar concept model

Photo of the Jaguar concept model

As it was commented – Ford’s decision to sell the shares of Jaguar and Land Rover to Indian auto giant Tata Motors will benefit the further development of these premium brands. Tata, a growing company that has a serious funding, will ensure injection of significant funds in the development of Jaguar and Land Rover.

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