UK:Ford rejects Renault bid for Jaguar, report says
Ford rejects Renault bid for Jaguar, report says
LONDON -- Ford Motor Co. has rejected an approach from Renault SA to buy ailing luxury-car maker Jaguar, the Sunday Times newspaper said.
The paper, citing senior motor industry sources, said Renault had expressed its interest in acquiring Jaguar to Ford last year, but Ford's chiefs, led by CEO Bill Ford, were understood to have rejected the French firm's overtures.
Neither company was immediately available for comment.
My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.
My next Ford.....