{"id":944,"date":"2007-12-12T03:56:11","date_gmt":"2007-12-12T03:56:11","guid":{"rendered":"http:\/\/blogs.thesocialmedia.com\/petrol-head\/2007\/12\/12\/ford-to-get-rid\/"},"modified":"2012-07-17T14:04:52","modified_gmt":"2012-07-17T14:04:52","slug":"ford-to-get-rid","status":"publish","type":"post","link":"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2007\/12\/12\/ford-to-get-rid\/","title":{"rendered":"Ford to get rid of Jaguar and Land Rover in first 2008 trimester"},"content":{"rendered":"<p><a href=\"http:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/jaguarlandrover1.jpg\"><img loading=\"lazy\" decoding=\"async\" alt=\"Jaguarlandrover\" src=\"http:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/jaguarlandrover.jpg\" width=\"470\" height=\"356\"  style=\"float: left;margin: 0px 5px 5px 0px\" \/><\/a><br \/> Ford expects to achieve the sale of its two British brands during the first 2008 trimester as it will close the bids today.<\/p>\n<p>\u201cFirst and foremost in our minds is to make sure that we sell to a buyer that looks to grow (the brands),\u201c said Mark Fields at a presentation at a Ford training facility. \u201cWe&#8217;re still going through the process.\u201c Among the three contenders, <a href=\"http:\/\/www.petrol-head.com\/2007\/11\/tata-leading-th.html\">Tata Motors is the favourite bidder for unions<\/a>, but the highest bidder will likely be the winner as Ford is struggling to restructure its US business.<\/p>\n<p>Jaguar and Land Rover have been estimated at \u00a3750 million but according to the Indian press, bids had ranged between \u00a3750 million and \u00a31.1 billion.<\/p>\n<p>Whoever the winner is, it will inherit a troubled Jaguar which might have a better <a href=\"http:\/\/www.petrol-head.com\/2007\/12\/jaguar-has-reco.html\">future thanks to the well-received XF model<\/a> and a <a href=\"http:\/\/www.petrol-head.com\/2007\/12\/land-rover-reac.html\">Land Rover which will achieve its best year ever<\/a> with 200,000 delivered vehicles.<\/p>\n<p>Source: Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford expects to achieve the sale of its two British brands during the first 2008 trimester as it will close the bids today. \u201cFirst and foremost in our minds is to make sure that we sell to a buyer that looks to grow (the brands),\u201c said Mark Fields at a presentation at a Ford training [&hellip;]<\/p>\n","protected":false},"author":351,"featured_media":2230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,37,38],"tags":[],"class_list":["post-944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ford","category-jaguar","category-land-rover"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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