Ford (F) looks likely to pick Tata of India to buy Rover and Jaguar. The Times of London says the price for the sale will be slightly over $2 billion.
The upcoming sales begs that question of why Ford is selling the companies at all. Jaguar has certainly lost a lot of money and its sales have been sliding, but, if another car company can make a fix, what is wrong with Ford?
Ford is struggling in the US. Jaguar and Rover are global brands. The would appear to be ideal leaders for Ford’s moves into fast-growing markets like China, India, and Russia. They are certainly better lead products than the Mercury Sable or Lincoln Navigator.
Ford has new world class management. They ought to act world class, turn the brands around, and build some shareholder value from them.
Douglas A. McIntyre
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.