Rumors in the automotive world have it that the Ford Motor Company might be planning on selling its Jaguar brand. This is primarily due to the fact that since the company acquired the luxury brand of vehicles, Ford still has to make a good cent out of it. And presently, with all the financial trouble that the auto manufacturer is in, selling the Jaguar brand might prove to be a big help to bring up the finances that the company has lost.
Now, according to the group Financial Times, there is one British group which is very much interested in purchasing Jaguar from the Ford Motor Company. Of course, this is a long way off from the automotive Cinderella story which was been making its rounds in the industry. According to the story, it would be like a fairytale if a Russian billionaire would buy the brand and then make it into a good and high selling brand of luxury vehicles.
JCB, a British construction machinery group, has already sent out its profound interest in purchasing the Jaguar. This group is privately owned. And according to its chairman, Anthony Bamford, the group would only be willing to buy Jaguar from the Ford Motor Company if and only if the brand, Jaguar, would be split up with the Land Rover brand. Land Rover has been acquired by Ford together with the Jaguar and both brands have been benefiting from marketing efforts made for both of them.
This article is free for republishing
Source: http://michellecrimson.articlealley.com/whos-interested-in-buying-the-jaguar-85116.html