Just read that Tata motors, an Indian company has bought Jaguar and Land Rover. It's the yanks who are selling it so it's really not a big deal.
DEPENDING on which way you look at it, in acquiring Jaguar and Land Rover from Ford for $2.3 billion, a deal finalised on Wednesday March 26th, Tata Motors has either got itself two of the most famous brands in the car business at a bargain-basement price—or a sea of troubles.I don't actually know any one who drives a Jag these days. I've got a friend in Stockholm who wants one, but that's it! Maybe that's the problem?
Still, we're in the same boat. Ford who has just sold the above have declared that they are hanging on to Volvo.