Ford set to pick Jaguar frontrunner in days -source

Newswire

LONDON, Dec 17 (Reuters) - Ford Motor Co . is set to choose a frontrunner to buy European brands Jaguar and Land Rover around the end of this week as it moves towards a sale early in 2008, said a person close to the matter on Monday. India's Tata Motors is most likely to become preferred bidder in the talks with Ford, as it has the backing of the UK-based brands' unions and is viewed as a long-term owner that will invest in the units, said the person. Tata, Indian rival Mahindra & ...

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