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-   -   7/19 is the bidding deadline for Jaguar & Land Rover (https://themustangsource.com/forums/f697/7-19-bidding-deadline-jaguar-land-rover-454785/)

Louie 7/10/07 03:03 AM
7/19 is the bidding deadline for Jaguar & Land Rover
 
http://www.topgear.com/content/news/stories/2015/

According to Ford insiders, the American giant has given prospective buyers until July 19 to submit bids for Jaguar and Land Rover.

Poisoned Pony 7/10/07 03:06 AM
whoa, they really are selling them?!? :eek:

Evil_Capri 7/10/07 09:11 AM
Moving to 'Other Fords' for the time being . . .

Moosetang 7/11/07 02:43 PM
There've been alot of reports that the bidders are really low-balling the Jag/LR package, down in the $1billion range. That's pretty patheitcally low, and I wonder if it's too low. I would expect this sale to not happen if Ford doesn't feel they're getting adequate value.

jsaylor 7/16/07 12:06 PM
Originally Posted by Moosetang (Post 960726)
There've been alot of reports that the bidders are really low-balling the Jag/LR package, down in the $1billion range. That's pretty patheitcally low, and I wonder if it's too low. I would expect this sale to not happen if Ford doesn't feel they're getting adequate value.
Agreed, I also wonder if Ford isn't pitting LR/Jaguar and Volvo against each other to ascertain which one they can obtain a great long term value by selling. Volvo will bring more money up front to be sure, but Jaguar/LR arguably have more long term potential and represent some serious red ink at the moment which translates into money recouped as well.


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