Jaguar and Land Rover to India?

A while back Ford made known their intentions of selling their Jaguar and Land Rover brands, and it looks like things are coming to a close, according to the Sunday Times.

The winning bid looks likely to be from Indian powerhouse Tata Motors, for some $2 billion dollars, outbidding local rival Mahindra & Mahindra and private equity firm One Equity Partners.

Tags: Ford, Jaguar, Tata, Tata Motors, Land Rover, Mahindra & Mahindra, India, India auto industry, automotive, auto industry, automotive industry

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