The Jaguar and Land Rover brands may be next in line to be acquired by American private equity firm Cerberus, which recently bought the struggling Chrysler Group from its German parent. According to a report from German newspaper Frankfurter Allgemeine Sonntagszeitung, Cerberus is interested in acquiring the premium labels from Ford.

Following the loss of almost $12.7 billion last financial year, Ford is reported to be keen on focusing the enterprise on its core business of selling high-volume vehicles. It has also been confirmed that it has hired investment banks Goldman Sachs and Morgan Stanley to oversee the sale of Jaguar and Land Rover and possibly even Volvo.

Another possible avenue is a sale to former Ford CEO Jacques Nasser, who now works as a senior partner for private equity firm Bank One Corporation, or to the Blackstone private equity group. It seems the expected price tag of roughly $8 billion for Jaguar and Land Rover does not represent a problem for the three investment groups.