Ford is going to stay tight lipped til after the new year regarding the sale of Jaguar and Land Rover. Automotive News is reporting that three bidders are still in the running. Inda manufacturer Tata Motors is in the running, but not the single bidder as reported by the Birmingham Post yesterday.
Tata Motors, Mahindra & Mahindra and U.S. private equity firm One Equity Partners are all bidders, but as reported, Tata, looks to be the most likely candidate to take home Jaguar and Land Rover. All for a cool $2 Billion.
Stay tuned for more news as this develops.
Source: Automotive News