Tata to seal Jaguar deal on Mar 26

After several postponements, India’s Tata Motors is finally set to take over two of the world’s best-known luxury car models – Jaguar and Land Rover – on March 26. According to Dodgson, a representative of Ford Workers, Tata has agreed to retain the manufacturing base of the two marquees in Britain and source the supply of engines and transmission from Britain.  The offer is set too be around the 2 billion dollar mark. Tata managed to beat Mahindra and Mahindra and American One Equity.

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