Ford Motor Company (formerly the world’s second largest car maker, overtaken by Toyota) is expected to announce its long-awaited deal Wednesday to send its loss-making Land Rover and tarnished Jaguar divisions back overseas in an effort to trim the automaker’s losses, product lineup and help raise funds to propel its turnaround. Ford shares shrugged off early declines to close at US$6, up US$0.04 after Indian television station NDTV Profit reported that industrial conglomerate Tata Motors will buy the two units for US$2.65b. Ford spokesman Tom Hoyt declined to comment on what he called “lots of speculation.”