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Looks like I was wrong about Land Rover and Jaguar going ‘under the hammer’. I have managed to get hold of a copy of Ford’s ‘Secured Financing’ Powerpoint presentation made today to the Securities and Exchange Commission in America.

Buried deep among the detailed financial analysis, there is a short, plain-English briefing about Ford’s plans for Land Rover and Jaguar. The key phrase appears to be: ‘Reduced structure through consolidation’. That could mean one of two things: either that Jaguar and Land Rover will be forced to platform share, which is unlikely, given the product disparity; or that some plans are afoot to merge production facilities. It could mean a third thing, although even accountants would surely draw the line at referring to a flesh-and-blood workforce as a ’structure’, needing consolidation.

Meanwhile, I thought you might like to see a stretch-Landy, otherwise know as a Ford Fairlane, upon which Ford of America is pinning a number of hopes, none of which apparently relate to a reduction in global warming.