Tata Motors has promised to keep Jaguar and Land Rover’s three UK plants and two product engineering sites open until at least 2011 as part of its winning bid to buy the two carmakers, it emerged on Wednesday.
The Indian group’s pledge appears to have played a decisive role in securing unions’ endorsement of its $2.3bn bid for the two brands, which will see Ford Motor continue to supply them with engines, components and technology, and its credit arm to provide vehicle financing for up to a year. Source on FT.com








