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Jean Jennings

Jean Jennings

President, co-founder and editor-in-chief of Automobile magazine...

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Mike Quincy

Auto-content specialist for Consumer Reports

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Philip Reed

Senior consumer-advice editor for Edmunds.com

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News

The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

Cheap to Chic

Tata, the Indian car company that unveiled plans for it’s ultra-affordable $2,500 Nanocar in January, just announced plans to purchase Jaguar and Land Rover from the Ford Motor Company. The deal marks Tata’s first foray into the luxury car category.

At a time when Americans are uncertain about buying a car, the $2.3 billion deal could help invigorate Ford, which has lost $15 billion over the past two years. No word yet on whether Tata has plans for a  NanoJag, but one can always dream. [The Guardian]

Posted: 3/28/08