Ford Motor Co. could announce as early as Monday a plan to eventually reopen an idled engine plant in Windsor, Ont., the Windsor Star Web site reported today.

Ford Motor Co. finally closed the book Wednesday on the money-losing Premier Automotive Group, announcing it had reached an agreement with Tata Motors, part of an Indian conglomerate, to sell Jaguar and Land Rover for $2.3 billion.

Some could say that it feels like an eternity since the Tata Motor Group and Ford Motor Co. have been linked concerning the sale of Jaguar and Land Rover. But it appears that eternity is about to end.

The credit ratings of Ford Motor Co. and Ford Motor Credit Co. were unaffected by the sale of Jaguar and Land Rover to Tata Motors Ltd., Standard and Poor’s said today.

Jaguar is about to transfer owners from Ford Motor Co. to Tata Motors of India.

Ford Motor Co.’s new personnel chief said she expects to follow the strategy established by her mentor, outgoing executive Joe Laymon.

Ford Motor Co. has agreed to sell its UK-based Jaguar and Land Rover brands to India's Tata Motors for more than $2 billion, said a source familiar with the matter on Tuesday. Ford and Tata are expected to announce the deal on Wednesday.

Ford Motor Co.'s group vice president Joe Laymon has resigned and will be replaced as head of human resources and corporate services by Felicia Fields, the automaker said today.

Ford Motor Co. is due to announce its agreement to sell its luxury brands Jaguar and Land Rover to India's Tata Motors Ltd. for about $2 billion on Wednesday, the Financial Times said on Monday.

Ford Motor Co. finds itself in a position where it has to convince consumers to come back and buy its cars. So the company has developed a whole new advertising campaign that it hopes will do just that.