Ford Says 'Tata' to Jaguar, Land Rover

uscitizen

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Ford Says 'Tata' to Jaguar, Land Rover

Wednesday March 26, 9:56 AM EDT

DETROIT (AP) — 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.

http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&feed=ap&src=601&news_id=ap-d8vl5dbo0&date=20080326

for about 1/3 of what it paid for them? Hey I see some big Ford executive bonuses coming up.
 
I thought Land Rover was british, what the hell?

On a side note, I drove a land rover all over south america. That thing was a beast. Good times!
 
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