Hyundai said on Friday it has no interest in acquiring Ford ’s Jaguar brand, following rumors the that Korean automaker might might bid on the British marque if Ford decides to sell it. In a statement, Hyundai said it previous looked at acquiring a “luxury nameplate like Jaguar, but that option was dropped in view of our immediate priorities.” Russian firm GAZ recently said said it too has no interest in acquiring Jaguar, despite rumors to the contrary. Rumors first emerged about a possible sale of Jaguar after Ford launched an internal review of its Premier Automotive Group.
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