UK News
British government in touch with Ford over sale plans
Jun 12, 2007, 14:04 GMT
London - The British government said Tuesday it was in contact with the Ford motor company over reports that the US giant is planning to sell off its Jaguar and Land Rover luxury brands.
Prime Minister Tony Blair's official spokesman said the government believed that both Land Rover and Jaguar were 'highly successful companies and will have a highly successful future.'
Trade unions Tuesday voiced fears over job losses among the 19,000 workers employed by the two manufacturers in Britain.
© 2007 dpa - Deutsche Presse-AgenturCOMMENT
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And China - which should overtake both the USA and Japan as the largest manufacturer of vehicles by 2012
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JimJun 12th, 2007 - 14:14:38
Looks like another american car company going to the wall against japanese competition
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