Mr. M
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Ford's new CEO Alan Mulally said Jaguar will stay a part of Ford, and "we're 100 percent behind them." Mulally made the comments during a press event at the New York International Auto Show.
"Jaguar is on a really good plan," said Mulally, according to The Car Connection.
Ford recently sold its Aston Martin unit, and there has been some speculation it might sell Jaguar or Land Rover to rid itself of the financial burden associated with those companies.
Rumors of a Jaguar sale died down late last summer, following comments by Lewis Booth, head of the Premier Automotive Group. He said, "for the moment Jaguar, Volvo and Land Rover are not for sale."
Mulally "100 percent" comment suggests Jaguar isn't just safe "for the moment," but rather has a serious commitment from Ford's management.
Source: LLN
