Ford isn't wasting any time or taking any chances with the sale of Jaguar and Land Rover. The Blue Oval has hired accounting firm KPMG to go over the English carmakers' books to get them in shape for sale. Specifically, KPMG is tasked with getting the automaker's financial paperwork ready for examination by potential buyers, and to give "a clear picture of Jaguar and Land Rover's performance as businesses separate from the influence of Ford." KMPG's duties will also include looking at the companies' pension liabilities. Through it all, Ford has still not declared outright whether it actually intends to sell the brands.

[Source: The Times Online via Auto News]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • From Our Partners

    Share This Photo X