We thought long and hard yesterday about reporting news of Russian company GAZ’s interest in purchasing Jaguar and Land Rover from Ford. Of course we held off, thinking Oleg Deripaska, owner of GAZ, would come out tomorrow and say he had no interest in Jaguar or Land Rover.
Well that’s exactly what happened. These “reports” seem to be a continuing trend surrounding the bid of the two Ford owned companies. German Magazine, WirtschaftsWoche, reported yesterday that a Russian company, GAZ, was interested in taking Jaguar and Land Rover off of Ford’s hands.
Today, Oleg Deripaska, owner of Russian Machines, who owns GAZ, said “There is no interest from my company or from our subsidiary Gaz in any of these brands...
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