Well, folks, the bids are due in a month or so for British marques Jaguar and Land Rover. Ford is selling the brands off for an estimated $1.5 billion or more for both. Ever wanted to own a luxury British car manufacturer? Yeah, us neither. But apparently there are a few serious bidders vying for a chance to take them off of Ford’s hands. Cerberus, the company that recently acquired Chrysler is said to be in the running. Tata Motors, India’s largest automaker has put in their bid too, along with Ripplewood, One Equity Partners, and TPG.

Ford won’t likely announce who came out on top until the new fiscal year, despite bidding coming to a close in November.

[Source: Auto News via Autoblog]