Sunday, March 15, 2009

Jaguar Cars

Jaguar Cars

Jaguar Cars, is an car producer of luxury and executive cars operating under the Jaguar marquees. The company's headquarters are in Coventry, England, wherever it was founded by Sir William Lyons in 1922. It has been a wholly-owned subsidiary of Tata Motors, Ltd. since 2008, where it is operate as part of Jaguar Land Rover group.



Ownership

The Ford Motor companionship made offers to the US and UK Jaguar shareholders to buy their shares in November 1989; Jaguar's listing on the London Stock switch was unconcerned on 28 February 1990. In 1999 it became part of Ford's new Premier Automotive Group along with Aston Martin, Volvo Cars and, from 2000, Land Rover; Aston Martin was after sold off in 2007. Between Ford purchasing Jaguar in 1989 and selling it in 2008 it did not earn any income for the Dearborn-based auto manufacturer.

Jaguar's Motors port history

The company has had major success in sports car racing, particularly in the Le Mans 24 Hours. victory came in 1951 and 1953 with the C-Type, then in 1955, 1956 and 1957 with the D-Type. The director of the race team during this period, snooty England, later went on to become CEO of Jaguar in the early 1970s. Although the example XJ13 was built in the mid-1960s it was never raced, and the famous race was then left for lots of years, until in the mid-1980s when Tom Walkinshaw's TWR team started scheming and prepare Jaguar V12-engined sports prototypes for European sports car races. The team started winning regularly from 1987, and with increased plant backing the team won Le Mans in 1988 and 1990.

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