CHICAGO – Indian Automobile major Tata Motors will announce its acquisition of British luxury car units Jaguar and Land Rover from the struggling US automobile manufacturer Ford Motor Co. on March 5 or 6, reported the industry press on Monday.

Land Rover’s Range Rover Sport
(Credit: Land Rover USA)

Top authorities of both Tata and Ford discussed with the British union leaders last week to take a final decision prior to drawing up a memorandum of understanding (MoU) for the sale.

“The sooner everything gets settled, the better,” said Roger Maddison, the national officer of Unite, the largest union in the UK auto industry. Tata has accepted to meet the demands raised by the Jaguar-Land Rover (JLR) union leaders, said Maddison.

An important question is that whether Tata would persist in obtaining the engines and other techniques from Ford’s manufacturing unit. Ford officials were not immediately available for comment.

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