Ford recently sold the Jaguar and Land Rover brands to India’s Tata Motors, but the Blue Oval might not be supplying the luxury marques with parts for much longer, a new report finds. Instead, Daimler — the parent company of Mercedes-Benz — is hoping to strike a deal with Tata to supply parts for Jaguar and Land Rover brands.
Daimler CEO Dieter Zetsche revealed to auto motor und sport magazine that the German company is hoping to land a new parts contract with the British brands. “If [chief executive] Ratan Tata approaches us regarding the supply of components, we would be open for talks,” Zetsche said.
If an accord is reached, Daimler would replace Ford as the parts supplier for both Jaguar and Land Rover .
Daimler currently owns a 7 percent stake in Tata, but has no plans to increase its ownership.
