TATA FRONT-RUNNER IN JAGUAR BID

19 December 2007 - 02:00
By unknown

Tata Motors, an Indian company that makes the world's cheapest car, is the front-runner in the bidding for Ford Motor's luxury brands - Jaguar and Land Rover.

Jaguar dealers in the US have expressed concern about an Indian buyer, which they believe would devalue the luxury brand name. - The New York Times