Automakers Want To Make Cheap Cars For Us Poors, Everyone Wants A Four-Door Suzuki Jimny And More Musk In This Week’s News Roundup

2002 Jaguar S-Type R
Image: Jaguar

By the late 1990s, Ford Motor Company had grown to include a number of other brands the automaker had purchased over the years. In addition to longtime Ford stablemates Lincoln and Mercury, the Blue Oval owned Volvo, Jaguar, Land Rover and Aston Martin. Those premium brands were placed under a single umbrella called the Premier Automotive Group in 1999, but by the end of 2010 nearly every one of those brands had been sold off. Jaguar and Land Rover were some of the last marques to be sold, the result of the brand needing some quick cash and a refocusing of its efforts. – Lawrence Hodge Read More

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