Tata closer to closing the deal?

The FT reported recently that there are signs that the talks for the sale of the Jaguar and Land Rover marques is nearing completion.

Land Rover and Jaguar are believed to have made a joint profit of $1.2bn in 2007, though Jaguar is believed to have made a loss. Incidentally, Ford does not release individual financial results for these brands.

Jaguar's new XF has been well received in the market, prompting thoughts of a change in the company's fortunes (it has been a perennial loss-maker for Ford). The XF is a great-looking car. What Car and Auto Express magazines both give it 5 stars. Check out these pics.



Photos from www.jaguar.co.uk

Surely does float my boat, it does!


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