Land Rover In Play

Ford today announced a giant restructuring, with the big news being voluntary buyouts of hourly workers.

It also said that it would not sell off any brands until new CEO Alan Mulally had been given a chance to review potential offers. Well, I can tell you that San Francisco-based Citron Capital has made a formal play for Land Rover, while both One Equity Partners and Apax Partners are snooping around Jaguar and/or Aston Martin. So Alan has some homework to do