36. Mr. John M. Taylor
To ask the Secretary of State for Trade and Industry what is the position regarding BMW's ownership of Land Rover in Solihull; and if he will make a statement. 
§ Mr. Byers
I understand that Ford has reached a memorandum of understanding with BMW to acquire Land Rover. The transaction is subject to BMW and Ford achieving a definitive agreement, due diligence and regulatory approvals. If successful the acquisition is expected to be completed in the second quarter of this year.