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The Wire

Ford completes sale of Jaguar, Land Rover to Tata Motors

Ford Motor Co. officially unloaded its storied Jaguar and Land Rover businesses on Monday — netting the cash-strapped automaker a $1.7 billion boost that's a mere third of what it paid for the two luxury brands.

Ford Sells Jaguar, Land Rover to Tata

After spending billions of dollars on Jaguar and Land Rover, Ford Motor Co. gave up on the storied British automakers Wednesday and unloaded them to India's Tata Motors Ltd. for a mere third of the original purchase price.

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