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Jaguar and Land Rover Ask British Government For Assistance


Jaguar Land Rover, owned by Indian group Tata Motors, is in talks with the British government about a sizeable loan to prop up the employer of thousands of workers in Britain, a report said on Sunday.

The Sunday Times newspaper said Jaguar Land Rover (JLR) was in talks regarding a loan of STG1 billion ($A2.42 billion).

The iconic brands Jaguar and Land Rover together employ about 15,000 workers in Britain, whose car industry like the US auto sector is suffering at the hands of a global economic slowdown.
 



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