Wrong Turn

Ford may regret unloading its UK luxury brand Land Rover. India’s Tata Motors is close to buying Land Rover and Jaguar. Ford needs to raise cash to help fund the turnaround of its core US Ford, Lincoln and Mercury brands. But in the past year, Land Rover has emerged as a jewel which Jaguar’s problems have hidden. That may offset the risks Tata faces. Land Rover sold 226,395 cars last year, an increase of 17.6% on 2006. Ford does not break out individual brand results in its Premier Automotive G...