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Tata is leading JLR bidder

By Ben Pulman Motor Industry 03 January 2008 13:16 Ford looks set to sell Jaguar/Land Rover (JLR) to Tata. In a statement to JLR workers today, Ford of Europe chairman Lewis Booth said: ‘Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.’ This is the first time that Ford has publicly revealed the identity of any bidder for JLR.   JLR has been up for sale since June 2007, and other potential bidders include rival Indian vehicle maker Mahindra Group and private finance group One Equity fronted by former Ford CEO Jac Nasser. Tata itself already owns a few famous names, including Tetley Tea and Corus (formerly British Steel).

BMW makes 1,000 workers permanent

AROUND 1,000 agency workers at car giant BMW are to be made permanent employees, guaranteeing job security for years. The change, being made in two phases, was warmly welcomed by the Unite union, describing it as a great Christmas present. The announcement covers workers across a number of BMW sites including the Mini plant in Oxford, pressings plant in Swindon and Hams Hall engine site near Birmingham.

North America crucial to Fiat's new 5-year plan

Alfa Romeo will play a key role in the U.S. market, Jeep will lead the charge in Russia, Chrysler cars will bolster the Lancia lineup in Europe and Dodge crossovers and SUVs will wear the Fiat badge in Europe. Those are key elements of Fiat S.p.A.