Indian carmaker Tata is expected to be named as the preferred bidder for Land Rover and Jaguar in the next few days.
Numerous reports have indicated Jaguar and Land Rover will become the first major Western car group to be bought by an Indian company.
Nothing has yet been confirmed but this week Ford could announce a deal.
Tata is up against another Indian car group, Mahindra & Mahindra, and One Equity, the American buyout group.
Ford is expected to make around £1billion from the sale.
Unions named Tata as their preferred choice of new owner.
![](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 4 3"%3E%3C/svg%3E)
![](data:image/svg+xml,%3Csvg xmlns="https://www.w3.org/2000/svg" viewBox="0 0 1 1"%3E%3C/svg%3E)