Fresh off the presses: http://news.independent.co.uk/business/news/article1211371.ece

Some important snip-ets for those too lazy to read;

"Ford paid £1.6bn for Jaguar in 1989 but has since made heavy losses on the investment. Last year it was forced to pump a further £1.2bn into the company to keep it afloat."

"After Ford shocked the markets two weeks ago by disclosing that PAG plunged to a loss of $162m in the second quarter of the year, its chief executive Bill Ford said that "nothing is off the table" as far as the future of Jaguar was concerned."

"Analysts said that potential buyers of Jaguar included the two French car makers Peugeot and Renault, neither of which have luxury or sports cars in the model line-up. Korean manufacturers and even the Russian oligarch Nikolai Smolensky, who owns the Blackpool-based sports car company TVR, were also mentioned as possible bidders."


Honestly, I have no real opinion about this. Jaguar has been off my radar for so long, it isn't really that important to me.
Whens the last time Jag has done something of notice? The E-type?


But, its auto news none the less.

WTF? They just made the beautiful lightweight coupe (New - XJ8) Ford's on crack. Cosworth and then this shit not to mention they dropped SVT. I hope Saleen breaks off too...

WTF? They just made the beautiful lightweight coupe (New - XJ8) Ford's on crack. Cosworth and then this shit not to mention they dropped SVT. I hope Saleen breaks off too...

Oh yeah cause Cosworth was murdering the rest of the F1 fleet, us Mclaren fans were just cowering at the power of the Cosworth engines...

Stupid Juan Montoya!

and they dropped SVT because it wasn't profitable...Which is the same reason they are dropping Jaguar. It takes the right management to make a performance division work, and SVT really didn't have it

Right now Ford is in financial trouble, and when companies are in trouble they tend to cut out all the areas they were more experimenting with, and stick to their core markets...and that's exactly what Ford's doing. To bad they made their core markets truck's and SUV's when gas prices were nice and low...