Tata, the Indian corporation that recently bought Land Rover and Jaguar from car giant Ford, may be intending to develop an F-type Jaguar, according to rumour in the car industry.
Tata have so far reassured commentators that they will respectfully approach turning both car marques back into profit-making entities. Starting with an ambitious five-year investment programme for both brands, Tata will begin work on the brands.
To develop a luxury F-type Jaguar, Tata need to seek EU and other regulatory approvals. Experts from the car industry are uncertain as to whether Tata can genuinely turn the car brands around.
The luxury car market in the US has apparently recently seen a downturn in sales, leading many experts to fear for Jaguar. Ford will continue to operate car finance for the marques for a set period.
Car company will develop model
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Car company will develop model
Fri, 16 May 2008
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