Monday, October 23, 2006
JCB boss pulls out of Jaguar sale
The boss of mechanical digger manufacturer JCB has ended his interest in acquiring Jaguar from Ford.
Sir Anthony Bamford said he was pulling out as any sale would also include the Land Rover brand. Bamford said he had no interest in buying the two together and was therefore “not getting involved”.
Ford is undergoing a strategic review of its Premier Automotive Group, with the sale of Aston Martin looking more likely than that of Jaguar and Land Rover.
DATED: 23.10.06
FEED: MT
Sir Anthony Bamford said he was pulling out as any sale would also include the Land Rover brand. Bamford said he had no interest in buying the two together and was therefore “not getting involved”.
Ford is undergoing a strategic review of its Premier Automotive Group, with the sale of Aston Martin looking more likely than that of Jaguar and Land Rover.
DATED: 23.10.06
FEED: MT
