26.03.2008/XNUMX/XNUMX– | TATA acquires Jaguar and Land Rover
In 2008, Ford sold Jaguar and Land Rover to Indian tycoon Tata Group.
The deal amounted to an astronomical $2,3 billion. Jaguar Land Rover is doing very well under new management. Recent years have been spent expanding the Halewood plant, launching production in China through a joint venture with Chery Automobile, and releasing several successful models that you can read about on our pages.
Sales of the all-new Jaguar XJ began in 2009, and over the past two years Jaguar has introduced the F-Pace and E-Pace models. Land Rover is also updating and expanding its lineup, the best example of which is the Range Rover Evouqe.
Added by: 2 years ago,
a photo: Press materials