GAZ Group told just-auto late on Monday (7 August) that it is not interested in acquiring Jaguar, should Ford decide to sell the luxury unit as part of a strategic review.

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The Russian manufacturer, which last week bought UK-based van firm LDV for GBP50m (US$95.5m), was linked with Jaguar by the UK press at the weekend, along with automaker Hyundai.


But GAZ Group deputy chairman and head of communications, Elena Mateeva, told just-auto: “The group is not going to invest in Jaguar. The group is considering different options, but we are interested in commercial vehicles and powertrains, not cars.”


Joe Ayling


Leach to head LDV

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