Ford sells Jaguar/Land Rover to Indian Auto Giant Tata

Homegrown auto major Tata Motors has clinched the
Jaguar and Land Rover (JLR) deal estimated to be valued between $2-2.5
billion.

According to sources close to the development, the
deal was signed last evening and is estimated to have cost the Tatas
between $2-2.5 billion.

When contacted a Tata Motors spokesperson said the company would make an announcement at an "appropriate time". Ford