UK in contact with Ford over Jaguar, Land Rover
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The British government is in contact  with Ford Motor Co  over the possible sale of the U.S.  carmaker&#39;s Jaguar and Land Rover brands.
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Ford Motor Co. said Tuesday it was reviewing its position on Jaguar and Land Rover, fueling speculation that the Dearborn-based company is getting closer to selling them.
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Business & money: Ford has appointed investment bankers to investigate the prospects of selling its two luxury UK brands, three months after it sold Aston Martin.
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Ford Motor Co . is set to choose a  frontrunner to buy European brands Jaguar and Land Rover around  the end of this week as it moves towards a sale early in 2008,  said a person close to the matter on Monday.
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Ford Motor Co.  has hired  accountancy group KPMG to examine the books at its British  units Jaguar and Land Rover ahead of their expected sale later  this year, the Sunday Times reported.
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Ford has hired accountancy giant KPMG to help it sell Jaguar and Land Rover, a report claims.
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Ford will inject Â£534m into Jaguar, after the UK car maker had to cover a writedown on its investments following a drop in production.
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"I don't think anybody's going to bid cold, hard cash for Jaguar"  Cash-strapped Ford Motor Co. took a step toward selling its Jaguar and Land Rover units on Thursday when it received an undisclosed number of opening bids for its British automaking businesses.Thursday was a deadline to submit early bids, but Ford said no sale is imminent.'We've had contacts from third parties, and we're actively evaluating them as part of our strategic review,' John Gardiner, a Ford spokesman in London, said Thursday. 'They've only been preliminary discussions, and no decisions have been made.' Read more
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Ford Motor Co. said Tuesday it was reviewing its position on its Jaguar and Land Rover businesses, and union officials pressed for more information amid reports that the two brands were up for sale.
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Middle Eastern investment funds are targeting Jaguar and Land Rover, the British luxury car brands that U.S. owner Ford Motor Co.  is considering selling, the Observer newspaper said on Sunday.
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Business & money: Ford's decision to consider the possible sale of its Jaguar and Land Rover brands has alarmed unions and politicians who fear that UK jobs are at risk.
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India's Tata Motors  is set to be named as the preferred buyer for Ford Motor's  luxury brands Jaguar and Land Rover as early as Friday after beating rivals with a bid of around $2 billion, Indian and British media reported.
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U.S. carmaker Ford Motor Co said on Thursday India's Tata Motors Ltd was the front-runner to buy its European brands Jaguar and Land Rover.
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Ford Motor Co.  has hired  investment banks to help it explore options including a sale of  its Jaguar and Land Rover European luxury brands, sources  familiar with the matter said, as several companies ruled  themselves out from bidding.
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Ford Motor Co  said on Thursday India's Tata Motors Ltd  was the front-runner to buy its European brands Jaguar and Land Rover.
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Carmaker Ford  said on Thursday  that India's Tata Motors  was the front-runner to buy  its European brands -- Jaguar and Land Rover.
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LONDON (CBS.MW) - Ford Motor Co. on Friday is expected to announce its plans for its main Jaguar factory in the UK, which could include closing the factory.