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Ford Motor is mulling the sale of its historic Browns Lane plant near Coventry, central England, that was the home of its iconic Jaguar brand since 1928, Jaguar said on Wednesday. "The possible sale of Browns Lane is one of several options that is currently being studied."spokesman Don Hume said, confirming a report in the Wall Street Journal.He did not confirm the report that Ford intended to cut Jaguar production by 6-7% in 06, on slack demand. " It is too early to comment on production figures for 06 as we are still in the process of finalising our plans at this stage." Mr Hume said.Under pressure to curtail chronic losses at Jaguar, Ford cut 1,150 Jaguar jobs in England 04.
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| Posted : 12/1/2005 |
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