Jaguar Confirms GM’s Interest in Company: British...

Jaguar Confirms GM’s Interest in Company: British luxury car maker Jaguar PLC reported that General Motors Corp. may buy a small stake in the company and is exploring joint projects. Industry analysts said GM, the world’s biggest auto maker, may be aiming to thwart stake-building in Jaguar by its main rival--Ford Motor Co. Jaguar said in a statement that it is discussing with GM the possibility of “entering into certain manufacturing, marketing and other commercial joint venture arrangements. As part of these arrangements, General Motors is considering taking a minority interest in Jaguar.”