1.0link93330<![CDATA[Ford Sells Jaguar, Land Rover to Tata]]>http://www.huffingtonpost.com/2008/03/25/ford-sells-jaguar-land-ro_n_93330.htmlDETROIT — After spending billions of dollars on Jaguar and Land Rover, Ford Motor Co. gave up on the storied British automakers Wednesday and unloaded them to India's Tata Motors Ltd. for a mere third of the original purchase price.
The deal is another sign of the growing economic muscle of India and something of an economic role reversal, with two icons of British industrial might expanding the global reach of a premier conglomerate in the former British colony.