Well it was no secret that Ford wanted to sell Jaguar but now it’s official. Not only does Ford intend to sell Jaguar but it hopes to sell it very quickly.
The managing director of Jaguar told journalists at the Tokyo Motor Show earlier this week that the sale of Jaguar was definitely on and the President of Ford Europe has indicated that the company hopes to offload Jaguar within two months.
While Ford is not revealing who might be interested in it industry pundits suggest that potential buyers could range from private equity groups right through to two Indian car manufacturers. Back in August Aussie Motoring looked at those two manufacturers in some detail and you can find the article here