Ford has finalized the sale of Land Rover and Jaguar. They released a statement stating that the deal was done and that they wished them and the people who work for them all the best.
As for the two companies they donâ€™t seem to have changed much. They seem to be going on with the usual business. Tata Motors, has named former CFO David Smith the new CEO for Jaguar and Land Rover.
Former CEO Geoff Polites died unexpectedly last year. Today’s announcement of Smith’s new appointment comes right on schedule based on past information provided by the company. Smith has already been the acting CEO since Polites’ death late last April.