Ford sees Kwik-Fit sale by year-end-WSJ

Newswire

NEW YORK, June 24 (Reuters) - Ford Motor Co. expects to strike a deal to sell its UK-based Kwik-Fit car repair chain by the end of the year, the Wall Street Journal reported in its online edition on Monday. The news comes on the heels of a report in British paper The Independent, which said that Ford may pull Kwik-Fit off the market if it did not get the $1 billion asking price. "Under no circumstances have we changed our mind about selling Kwik-Fit," Ford spokesman David Reuter told the ...

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