JAGUAR

Jaguar Cars Ltd
Type	Subsidiary of Tata Motors
Founded	1922
Founder	Sir William Lyons
Headquarters	Coventry, West Midlands, England
Key people	Ratan Tata, Chairman Geoff Polites, CEO Mike O'Driscoll, Managing Director
Industry	Automotive
Products	Automobile
Employees	10,000
Parent	Tata Motors
	The name is pronounced/ˈdʒægjuːɚ/ "jag-u-ar" (except for in North America where it is pronounced {dʒægwɑr}) with the term "Jag" being used colloquially. Although many media reports stated that on 2008-03-26, Jaguar and Land-Rover became owned by the Indian company, Tata Motors, the Ford Motor Company and Tata Motors stated, in press releases on the same day, that the sale is not due for completion until the second quarter of 2008. It is understood that Ford Motor Company Ltd. will not retain any shareholding in either the Jaguar or Land-Rover companies, unlike Aston Martin where on its sale a small shareholding was retained; the total sum to be paid in cash by Tata Motors is approximately US $ 2.3 billion, Ford will then contribute up to US $600 million to the Jaguar Land Rover pension plans. Jaguar Cars holds Royal Warrants from HM Queen Elizabeth II and HRH Prince Charles