Multiple choice

Which automobile company had proposed to sell its Jaguar and Land Rover brands?

  1. Renault

  2. General Motors

  3. Ford

  4. Chrysler

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Ford Motor Company proposed and eventually completed the sale of its luxury brands Jaguar and Land Rover to Tata Motors in 2008. This sale was part of Ford's strategy to raise capital and focus on its core operations during the financial crisis. The transaction was valued at approximately $2.3 billion and marked Tata's entry into the luxury automotive segment.