Financial Times FT.com

Tata confirmed as Jaguar front-runner

By Amy Yee and Bernard Simon

Published: January 3 2008 12:21 | Last updated: January 4 2008 07:58

Ford Motor on Thursday confirmed it was “committed to focused negotiations at a more detailed level” with Tata Motors, India’s largest carmaker, about the sale of Jaguar and Land Rover, its two UK-based luxury brands.

Half a world away, in more ways than one, Tata prepares to publicise its long-awaited Rs100,000 ($2,500) “one-lakh” car at the Delhi auto show next week.

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