The Detroit News reports: Ford gives luxury bids more time. Here's the background: Ford is hurtin' so it's selling some of it's fancy brands. In this case: Jaguar and Land Rover. Ford gave prospective owners unti the end of September, but now have given them even more time. Why is that?
No reason was given, but the source said bidders assume the move is designed to give them more time to secure financing in today's tight credit markets.We wonder, however, if bids are going to be hard to come by. What if folks don't want the problems of Jaguar and Land Rover?
What happens then?
Ford already sold Aston Martin. Just so you are up on everything.
yeah, we are screwed like hell
Posted by: AsYouWish | Thursday, January 28, 2010 at 06:57 AM
Well who wouldn't buy from a cheaper shop if they will get the same quality........
Posted by: Business Process Management tool,Brisbane | Monday, January 18, 2010 at 11:58 PM
then we are all screwed...lol
Posted by: used jaguar xk8 | Monday, November 02, 2009 at 07:39 AM
Maybe nobody is interested in buying over the business??
Posted by: Amir | Saturday, November 22, 2008 at 02:05 PM
no mercy?
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Posted by: I.Adam | Friday, August 29, 2008 at 01:22 PM