
Originally Posted by
RoverOne
I can't fathom Ford unloading Land Rover other than selling a profitable arm to prop up failing fortunes.
........
My understanding has been that it is exactly that. Ford is in fairly serious financial strife, and Landrover is the only part of the operation that is a) profitable (and hence saleable), and b) reasonably separable from the rest of the operation. Jaguar is along because it fits with it more or less and is neither profitable nor a major loss maker, at least for the present. Landrover is currently the best performing part of the Ford empire, but is a rather small and non-essential part, and so is the bit that is most readily convertible into cash. I note that the sale includes an agreement to take Ford engines for the next four years.
John
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
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