From: J > Please tell me when FORD bought CHRYSLER..Did I miss this. Yes Ford > does own Jaguar..Joe > > At 07:40 PM 7/5/07, you wrote: > Regardless of Rob and Tom's comments, this happens all the time. > Jaguar and Chrysler are owned by Ford and BMW. > You can call them 'essentially brand names' of the parent, > or subsidiaries, or whatever you need. > The amount of their ultimate independence is to be determined. > Only sure thing is, > the Bean Counters will decide who gets the capital for new projects. > Regards, Bob S.
He said "Jaguar and Chrysler are owned by Ford *and* BMW. Although that's wrong; Chrysler is owned by DaimlerChrysler AG, not BMW ... at least until Daimler can find some venture capital suckers to unload it on. BMW used to own Rover, until they sold it to Ford. (MG ended up being spun off to venture capitalists in the deal and eventually got sold to the Chinese). FWIW, if I remember correctly, Ford has recently announced Jaguar is up for sale too. Wonder what the Chinese are going to do with MG? -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
