F&I Management & Training

Indian vehicle manufacturer Tata would be the most suitable home for Jaguar and Land Rover, according to some in the industry. Ford Motor Company hopes to dispose of the PAG brands by the end of September, and has begun presenting the businesses to six interested bidders, four venture capitalists including Chrysler owner Cerberus, plus Indian carmakers Tata and Mahindra & Mahindra. Roy Kishor, motor industry expert at corporate advisory Kroll, believes Tata will fight hardest to win the prestigious brands. It has already demonstrated its huge group resources to do so - in January it paid $6.2bn for steel maker Corus, and in June it raised $450m through a securities issue at the Bombay Stock Market.

DATED: 04.09.07

FEED: AW