India's Tata Motors Ltd geared up for a bigger international presence on Wednesday with the expected announcement of its $2 billion-plus purchase of luxury brands Jaguar and Land Rover from Ford Motor Co.
Shares in India's leading vehicle maker dipped on worries about how the deal would be funded and how the global marquee brands would fit into its stable of trucks, buses and passenger cars, including the $2,500 Nano, the world's cheapest car which it plans to begin selling later this year.... more » | |
