Tata Motors will buy Jaguar and Land Rover outright from Ford rather than retaining a minority stake in the two brands as was expected.

The India Times’ Economic Times reported that Ford has decided not to retain a minority stake as it is convinced about the future development of the two brands in the hands of Tata. However, Unite, the union representing Jaguar and Land Rover's production staff had hoped it would do so, in part to secure future supply of Ford-developed engines.

Tata and Ford both declined to comment on the rumours.