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Anorak | The Great British Car Sale Continues With Jaguar And Rolls-Royce

The Great British Car Sale Continues With Jaguar And Rolls-Royce

by | 12th, June 2007

c5.jpg WITH MG and Rover sold to the Chinese, Bentley pawned off to Germany’s Volkswagen and Rolls-Royce and Mini snapped up by BMW, it now looks as though Jaguar and Rolls-Royce will become the latest Brit motoring icons to be sold off.

The decision by the struggling US car manufacturer Ford to put the famous British car operations up for sale has left union leaders fearing the worst for their workforce.

Ford reported a loss of $282million for the first three months of 2007 are currently undergoing major restructuring with the two iconic car companies deemed to be surplus to requirements.

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Posted: 12th, June 2007 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink