Will Unions Force Ford to Retain a Stake in Jaguar and Land Rover?
Thompson Financial News (via) Forbes reports that Ford wants to make a clean break with its Jaguar and Land Rover brands. When Tata Motors takes control of the "crown jewels" in Ford's never-mighty Premier Automotive Group, Alan Mulally's minions don't want to retain a minority stake in either firm. While Autoblog is busy worrying "if Tata has the infrastructure to supply Jag and L.R. with the necessary components, from drivetrains to switch knobs," the real story is that Ford's U.K. trade unions are balking at the prospect. They're [justifiably] afraid that Tata will shutter both brand's UK ops post-purchase, threatening 16,500 union jobs. To soothe the savage beast, Tata is launching a charm offensive; they're flying union reps to India to enjoy high class call girls in luxury hotels (a.k.a. "the VW plan"). Just kidding. "Ford officials and trade union members are expected to visit Tata Motors' plant at Pune in the western Indian state of Maharashtra in a fortnight to gather first hand knowledge of Tata Motors' expertise." Yeah, that ought to calm them down.
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