Archive : Ford Faces Facts at Jaguar

Carole Nash Classic Insurance Specialists

NEW YORK TIMES

The Ford Motor Company bought Britain’s Jaguar in 1986 for $2.7 billion. It might be sorry it did. The luxury automaker is in a slump. Sales have fallen from 45,000 cars last year to well below 30,000 this year. Jaguar has even had to scrap some new models and stop development on others. Last week, union representatives were summoned by Ford to talk about layoffs. Rumours are that 1,400 workers will have to go. So far this year 2,500 Jaguar workers have been dismissed.

Keith Adams

Keith Adams

Editor and creator AROnline at AROnline
Created www.austin-rover.co.uk in 2001 and built it up to become the world's foremost reference source for all things BMC, Leyland and Rover Group, before renaming it AROnline in 2007.

Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...

Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Keith Adams

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