the team opted to return to India. The Great Recession of 2008 led Ford into bankruptcy. Tata seized the opportunity to offer to buy two of Ford's iconic brands: Jaguar and Land Rover.
In 2008, during the global economic crisis, Ford had to sell Jaguar and Land Rover. Ratan Tata seized this chance and bought both brands for $2.3 billion in cash. This move was seen as a strategic ...