Ford: Jaguar, Land Rover Not For Sale


Ford announced its $925 mil­lion deal to sell Aston Mar­tin but says its oth­er lux­u­ry car brands are not for sale. The Aston Mar­tin brand was believed to be the most prof­itable, with Jaguar the least. CEO Alan Mulal­ly said sell­ing Aston Mar­tin will help Ford “oper­ate prof­itably at low­er vol­umes and changed mod­el mix, and speed devel­op­ment of new prod­ucts.”

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