Ford Motor Co. surprises on two fronts by posting an unexpected second-quarter profit of $750 million and revealing the sale of its Land Rover and Jaguar Cars divisions is “probable.” “We’ve said in the past we’re assessing our options (regarding the sale of Jaguar and Land Rover) and we’ve retained advisors,” says Ford President and CEO Alan Mulally. “We’ve been in contact with a number of interested parties and we’re exploring the sale with parties that expressed interest. It’s ...
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