Ford has rejected claims that the company plans to sell off more of its Premier Automotive Group (PAG). Only the Aston Martin brand is up for sale, meaning the others for the moment are safe. However, Ford Motor Company [NYSE:F] is still exploring its options.

Aston Martin was the star of the PAG, while others, like Jaguar, account for a large part of Ford’s annual losses. Despite the fact that analysts are keen to see Ford drop Jaguar, the Blue Oval will keep its ailing brands and is expected to post another loss this year.

The American automaker sees an improving trend in the near future and realizes that things will take time to fix. Back here, Ford has announced that it will cut 45,000 jobs and close 16 plants across North America to try to become profitable by 2009.


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