jaguar

The Indian company clinches the long-running deal in which Ford will net around $1.7 billion and then continue to provide parts and technology to Tata.

Ford says Tata Motors is a frontrunner in the bid to buy its Jaguar and Land Rover businesses, suggesting the Indian group is set to chalk up more ambitious cross-border M&A deals in 2008.

We roadtest the new Jaguar XK.