|
|
#1 |
|
Admiral
![]() ![]() ![]() ![]() ![]() |
'Tata' to Jaguar, Land Rover 'Ford Says
man did ford eat it on these to brands. to the toon of 2.9 millions dollars. was sold at a bargain price of 2.3 million for both auto companys. sure glad im not a ford stock holder i be crying.
Ford Motor Co.is selling its storied Jaguar and Land Rover brands to India's Tata Motors Ltd.in a deal that will net the U.S. automaker $1.7 billion - roughly a third of the price it paid for the two luxury brands. 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 agreement had been in the works for months as cash-strapped Ford sought money to fund its turnaround plan. Tata will pay $2.3 billion for the British brands, but Ford will pay about $600 million into the Jaguar-Land Rover pension fund when the deal closes, Tata's statement said. http://apnews.excite.com/article/200...D8VL5DBO0.html
__________________
You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail |
|
|
|
|
|
#2 |
|
Secretary of the Navy
![]() ![]() Join Date: Feb 2001
Location: Chillin' N Da 'Hood
Posts: 34,997
|
Heh... I don't even have to say it.
![]()
__________________
DarkFury's Pimptopia - Don't Hate the Playa, Hate the Game! Home of the Original OG Pimp (accept NO imitations)
|
|
|
|