Not for the faint-hearted

摘要

The sale by Ford of the two British premium marques, Jaguar and Land Rover (JLR), is fast approaching its conclusion. This week the three preferred bidders chosen by Ford, which has insisted that the two companies be sold together, have been presenting their plans to the British government and the unions. They are Tata Motors, India's biggest carmaker; Mahin-dra & Mahindra, an Indian maker of utility-vehicles, together with Apollo, a private-equity firm; and One Equity Partners, another private-equity firm.