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India's Tata acquires Jaguar, Land Rover for 2.3 billion dollars (AFP)

Submitted by AutoEspionage on Fri, 2008-03-28 17:02.

The Land Rover and Jaguar car manufacturing plant is pictured at Halewood, in Liverpool, last year. India's Tata Motors has said it had bought British luxury icons Jaguar and Land Rover from struggling US carmaker Ford for 2.3 billion dollars as it expands its global reach.(AFP/File/Paul Ellis)
AFP - India's Tata Motors said Wednesday it had bought British luxury icons Jaguar and Land Rover from struggling US carmaker Ford for 2.3 billion dollars as it expands its global reach.

Source: Yahoo - Automotive

Original Story: http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20080326/bs_afp/usindiabritainautocompanyfordtata

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