Ford refused Sime Darby Report to Take Over Malaysia JV

KUALA LUMPUR (Dow Jones) - Ford Malaysia Sdn. Bhd. Monday refused ford motor (F) plans to bring its entire 49% bar in Ford Malaysia on Sime Darby Bhd. (4197.KU), that Rest the joint venture over its tractor Malaysia Bhd. keeps unit ” Ford Malaysia would like to explain that there is no transmission of the bar die cheapness 49% Ford the engine in Ford Malaysia on Sime Darby after the possible dissolution company the joint venture, Ford Malaysia,” Ford said in a statement Monday. ford motor and Sime Darby are at present in the discussions, thereby Sime set up a new 100%-owned subsidiary, die die characteristic as contract dealer rights to Ford the carriers in Malaysia given, Ford said, that are without, further details make Die statement available in retort on report the latter, Malaysia Ford Star newspaper Malaysia in the quoting acting managing director Timotheegras Tucker as, Saturday are given change saying Sime Darby, had offered to the bar 49% the take more over ford engine in the joint venture. - by Elffie Chew, Dow Jones Newswires; (603) 2692 5254; elffie.chew @ dowjones.com

(END) of Dow Jones Newswires 12-31-07 0642ET copyright (C) 2007 Dow Jones u. Company, Inc..

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Tata engines: Do you prepare to Take for World?

MUMBAI - Travel down any of India.s highways and you.re border to the point colored over rear. Die company.s burned cars are much to soil more harder, because India.s largest bus and truck manufacturer, Tata drives, have only one decade of passenger cars manufacturing experience brightly trucks with TATA blasoniert. While it closes inside on acquiring Ford.s iconic the Jaguar and burns land vagabond, there is skepticism abroad the in and over more whether Mumbai created Tata drives (nyse: TTM -

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people )seien you to take on two companies in the layer, whose combined, die incomes twice its own are and whose product models have few similarities with those it already marks Ford (nyse: F -

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people ) expected allegedly to raise around $2 billion of sale. Standard and both have Poor.s and Moody.s said they could Tata movement soil quality evaluations after the acquisition cut. If, which it refers a high level the debt, die negotiation, an unfavorable effect on Tata movement-financial danger profile more over short to the middle designation said S and P.s Indian arm, Crisil to have. The acquisition raises challenges to the Tata engine Business danger profile, becomes a since significant portion of the united incomes by die acquired business, in which Tata engines yet to establish and demonstrate to its abilities. it said driven. In India Tata engines in the passenger car segment, in which it market approximately the 17% portion has, for its admits low cost Diesel models and sport to subcarriers. It stands for truck for more than 65% bus and market, through contrast. Kw_company, which stands still at the lower surface of the J.D. Power.s quality classifications for Automobile, die determining energy of the rivals does not have as Toyota (nyse: TM -

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people ) and Maruti, analyst say. “of reasoning deal and [ securing
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