Ford: market volatility an issue in UK brand sales

Newswire

DEARBORN, Mich., Aug 22 (Reuters) - Ford Motor Co Chief Executive Alan Mulally said on Wednesday that volatility in global credit markets was a concern in its disposal of British luxury brands Jaguar and Land Rover, though the process had not been slowed down. "It absolutely is an issue," Mulally said at a media dinner at Ford's Dearborn design center, referring to the tightening of global credit markets. Ford plans to have more details on the sale by the end of 2007 or early 2008. "We ...

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