Ford today said its Jaguar , Volvo , and Land Rover brands are not currently for sale. “For the moment Jaguar, Volvo and Land Rover are not for sale. If that changes we will tell you about it,” Lewis Booth, head of the Premier Automotive Group, said during a conference call with analysts in Europe today. He acknowledged, however, that “everything is on the table,” and the status of those companies could change.
Currently, the only Ford brand for sale is Aston Martin , which the automaker put on the block nearly a month ago. At the time, the company said Aston Martin could be “an attractive opportunity to raise capital and generate value.”
Any possible sale of Jaguar or Land Rover would likely be a package deal, due to the vast number of resources the two companies share. As discussed yesterday, a sale of Volvo would be even more complex, because the Swedish automaker uses Ford platforms.
