The head of the Ford Motor Company’s European operations, Lewis Booth, said Wednesday that it was too soon to say if Ford would keep a stake in its Jaguar and Land Rover units but that a full sale is what the cash-hungry automaker wants.We need the money. And LR and Jag won't be making any, so we want nothing to do with them. Nooooothing!
"We’re selling the business because we need the money and we need the focus," Mr. Booth, executive vice president for Ford’s European units, said during a Webcast from the Frankfurt auto show.
We knew Ford will sell everything. And soon it won't be long before they need more cash and out goes Volvo. Poor Volvo. We're so sorry you got stuck with V-8s.