I am curious, the company apparently owes Ford and other Ford companies something like 615m in equity. To Ford, the company is less than worthless, it is a money pit that keeps on costing them money.
I am very curious as to the amount of money they would want, or if they are more interested in what the buyer has to offer as far as revitalizing the company.
2006-08-08 09:43:13 · 5 answers · asked by ColvinBri 2 in Cars & Transportation ➔ Car Makes ➔ Ford
Whatever they can get. Jaguar is the dead horse in the stable for Ford. They paid too much for it, put billions in, and now are in a sink hole. The premier auto group strategy is a failure.
Land Rover is making a small profit, but it is wiped out
by poor quality and warranty costs. They ranked dead last
in J.D. Power reliability study released today. Sell it, dump it,
whatever. Save the great American brand that brought us
the Mustang and the best truck in the world the F Series.
Desperate times call for desperate actions.
Ditto GM and SAAB.
2006-08-10 14:30:41 · answer #1 · answered by rjm96 4 · 1⤊ 0⤋
With the quality issues at the 2 British automakers that the Germans did not want when the Rover group was bought up by BMW and VW it will probably be a Chinese company. And probably not very much compared to purchase price.
2006-08-09 12:28:03 · answer #2 · answered by Chuck P 3 · 0⤊ 0⤋
Jaguar and Land Rover are still considered "Prestige" makes that interest buyers. They bought the names, primarily.
2006-08-09 13:35:01 · answer #3 · answered by racingcowboy58 6 · 0⤊ 0⤋
Make an offer!
2006-08-08 22:39:18 · answer #4 · answered by Vicky 7 · 0⤊ 0⤋
i don't know, a lot i would assume, though i don't know who would buy it
2006-08-09 00:13:11 · answer #5 · answered by JR 5 · 0⤊ 0⤋