Ford Motor Co. has no plans to sell its Jaguar luxury car brand at the moment, but that could change in the future, a top company executive said Wednesday.
Lewis Booth, chairman of Ford of Europe and vice-president of the company's Premier Automotive Group, told industry analysts in a webcast from Paris that Jaguar's status could change as the company goes through a strategic review of all its assets.
``It's not for sale at the moment,'' Booth said. ``If that changes we'll come back to you.''
Asked if that could change, Booth said anything is possible.
``Everything's on the table,'' he said.
His remarks are consistent with previous Ford statements on the possible sale of Jaguar and its other Premier Automotive Group brands, Volvo, Land Rover and Aston-Martin.
The company announced in August that it had placed the Aston-Martin specialty sports car brand up for sale.
When Ford announced its second restructuring plan of the year earlier this month, industry analysts questioned why the sale of the money-losing Jaguar was not included.