Losses for the PAG group amounted to US$344 million in 2006, so it’ll be an impressive turn of events if it does manage to make a profit. Volvo has been doing particularly well lately, and with Aston Martin’s imminent sale Ford will be able to add upwards of $865 million to its war chest for the other brands. Despite calls for the sale of Jaguar, Ford will follow through with one last chance for the ailing marquee to redeem itself.
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June 7, 2021