NEW DELHI: The luxury brand Jaguar is poised to join an Indian auto company
that makes everything from tractor-trailers to the world's least expensive
car.
Tata Motors is the front-runner in the race to buy Ford Motor's Jaguar, as
well as Land Rover, and a decision about a winning bidder could be made over
the next few days, people close to the negotiations said......snip

Tata Motors has been the front-runner in a three-way race to buy out Jaguar
and Land Rover since trade unions backed Tata's bid in November. The Indian
auto company Mahindra & Mahindra is also vying for Jaguar and Land Rover, as
is a private equity group, One Equity Partners.....snip

About the same time that a final deal may be announced, Tata Motors plans to
roll out its "People's Car," with a price tag of about $2,500.
http://www.iht.com/articles/2007/12/17/business/ford.php


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