The fate of legendary car brands

It used to be so simple: Cars painted racing green were British, red cars were Italian. Now Tata owns Jag, and Volvo is being shopped to the Chinese. We followed the winding road of these heritage brands.

1 of 8
BACKNEXT
Jaguar
Jaguar
Jaguar opened its doors in 1922 as Swallow Sidecars, making -- yes -- motorcycles sidecars. In 1945, recognizing the dangers of marketing an "SS" car in postwar Britain, the company changed its name, and soon experienced what many see as its finest hour with the introduction of the Jag XK120 in 1948.

The company's open two-seat roadsters won five of seven runnings at Le Mans in the mid-fifties, and sold well at home and abroad -- especially among celebrities like Clark Gable, Bogie and Bacall, and perhaps most famously, Steve McQueen.

In 1960, Jaguar began gobbling up smaller companies, until it became British Leyland, Britain's largest car manufacturer. But the growth came largely at the expense of the Jaguar brand: It was acquired in 1989 by Ford, which resold it in 2008 -- having never once shown a profit -- to the Tata group, the Indian conglomerate that also produces the $2,500 Tata Nano, the world's cheapest car.


NEXT: Aston Martin
Last updated September 04 2009: 10:30 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
5 biggest share buybacks of 2014 Stock repurchases are booming. These five companies are ready to spend over $79 billion on buybacks. More
10 horrifying corporate mascots McDonald's Happy is part of a long lineage of creatures great and small that shill for products and mortify consumers. Mr. Mucus, anyone? More
5 best cities to launch a career The top spots in the U.S. for new grads to land a job -- and actually enjoy life -- according to financial site WalletHub. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.