Tata to announce purchase of Land Rover and Jaguar in early March

According to Automotive News Tata Motors will announce its purchase of Jaguar and Land Rover on March 5 or 6. Following talks with trade union leaders last week, the dates have been agreed upon Tata and FoMoCo. National officer of Unite Roger Maddison said that Tata had agreed to meet guarantees sought by workers and leaders.

“Everything seems fine as far as we are concerned; it’s just the lawyers working on it now,” said Maddison.

Unions have been seeking assurance that Tata would continue to source engines and other systems from Ford’s plants in Bridgend in Wales and Dagenham, near London. All Jaguar and Land Rover engines come from Ford plants.

Ford and Tata have still not announced anything official as of yet.

 

Source: Automotive News (Subscription Required)

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