Tata acquires Jaguar

Tata acquires Jaguar and Land Rover from Ford for $2.3 billion. Jaguar luxury cars were lagging and loss-making except all new XK and XF[website]. Ford sell it off to overcome its losses overall. Land Rover SUVs also sold alongwith.[website] Tata with its Indian manufacturing backup should be able to make this brands profitable in future.
Expect all those cars in Tata showrooms, soon!


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