Land Rover

Land Rover is a British all-terrain vehicle and Multi Purpose Vehicle (MPV) manufacturer, based in Gaydon, England, UK. more...

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Originally the term Land Rover referred to one specific vehicle, a pioneering civilian all-terrain utility vehicle launched on April 30, 1948, at the Amsterdam Motor Show, but was later used as a brand for several distinct models, all four-wheel drive. Starting out as part of The Rover Car Company or Rover, Land Rovers were designed and manufactured as a range of four-wheel drive vehicles under a succession of owners, including British Leyland, British Aerospace and BMW. In 2000, the marque was sold by BMW to the Ford Motor Company, becoming part of their Premier Automotive Group. By the end of the second quarter 2008, the brand ownership is expected to pass to Tata Motors of India, as part of an agreed deal by Ford to sell its Jaguar and Land Rover operations.

Land Rover is one of the longest lived SUV brands (the only brand which is older is Jeep).

Manufacturing & Business

Land Rovers are manufactured primarily at the Solihull plant, near Birmingham, England. Production of the "Freelander" (2) was moved to the Jaguar car factory at Halewood near Liverpool, a former Ford car plant. Defender models are assembled under license in several locations worldwide, including Brazil and Turkey. The former BL/Rover Group technical centre at Gaydon in Warwickshire is home to the Land Rover corporate and R&D headquarters.

Ongoing Sale

On 11 June 2007, Ford announced that its plan to sell Land Rover, along with Jaguar. Ford is retaining the services of Goldman Sachs, Morgan Stanley and HSBC to advise it on the details of the deal. The buyer, possibly to a private equity group, was initially expected to be announced by September 2007, but the sale was delayed and an announcement shall not be made until the end of 2007. A UK based private equity firm, Alchemy Partners, besides Tata Motors and Mahindra and Mahindra (both from India) have expressed interest in purchasing Jaguar and Land Rover from the Ford Motor Company.

Before the sale was announced, Anthony Bamford, chairman of British excavators manufacturer JCB had expressed interest in purchasing Jaguar Cars in August, the year previously; only to back out later when told the sale would also involve Land Rover, which he did not intend to buy. Tata Motors have received endorsements from the Transport And General Worker's Union (TGWU)-Amicus combine and Ford as a preferred bidder.

Read more at Wikipedia.org