| Submit Your Article | |
| Contact Us | |
| Our RSS Feed | |
| Our Blog | |
|
|
Tata Motors asks for loan to keep Jaguar and Land Rover operational |
With the economic crisis looming darker each passing day, Jaguar and Land Rover are having quite a hard time attempting to vend luxury vehicles, and parent company Tata Motors is appealing for a large loan to keep the British Brands operational. Overall, Tata is asking £1 billion from the British government to assist it pay off the bills. That is practically huge sum bearing in mind that it corresponds to £67,000 for each of the British brands’ 15,000 employees in the UK. British Prime Minister Gordon Brown is reported to be nearing a decision concerning the loan, though it’s expected that the funds would come with a condition that looks after workers in the UK.[source]
Add your comment:
More articles in this category
Thumbs Up! Auto Express Takes A Shot At What Jaguar's New XF Will Look Like
What a stunner! This is Jaguar’s new super coupé – a two-door sports car poised to take the Big Cat into uncharted territory by locking horns with the Audi A5 and BMW 3-Series Coupé.Expanding the highly successful XF range... More »
The all new Jaguar XF: Smooth as chocolate and just as delicious | The Detroit News | detnews.com
I felt like a modern day Robert Frost on this particular Sunday. I came to a fork in the road somewhere near Dexter and decided to take the one better paved. And that made all of the difference. Sitting behind the wheel of the 2009 Jaguar XF may have... More »
Spy Shots: Jaguar XF-R
The Jaguar XF-R is almost complete, and the house of the saltant feline looks to retain its suite of exceptionally modest modifications for the hottest version of its hottest seller. Outside, the car gets hood vents and larger intakes for better... More »
2010 Jaguar XF-R spotted nearly finished
Last time we saw the XF-R was back in August, when it was spotted in Death Valley. Looks like Jaguar is giving the car its final touch as it has very little camouflage. We can clearly see that the car gets hood air vents, changed grille, larger air... More »
Jaguar and Land Rover in Big Trouble as Tata on the Bubble
The slowdown in the car market hurts Tata Motors's business particularly hard as it lacks the brand to compete effectively,'' Govindarajan Chellappa, a Mumbai-based analyst at Credit Suisse, wrote in a note dated yesterday. ``Jaguar and Land Rover will... More »
Thumbs Up! Auto Express Takes A Shot At What Jaguar's New XF Will Look Like
What a stunner! This is Jaguar’s new super coupé – a two-door sports car poised to take the Big Cat into uncharted territory by locking horns with the Audi A5 and BMW 3-Series Coupé.Expanding the highly successful XF range... More »
The all new Jaguar XF: Smooth as chocolate and just as delicious | The Detroit News | detnews.com
I felt like a modern day Robert Frost on this particular Sunday. I came to a fork in the road somewhere near Dexter and decided to take the one better paved. And that made all of the difference. Sitting behind the wheel of the 2009 Jaguar XF may have... More »
Spy Shots: Jaguar XF-R
The Jaguar XF-R is almost complete, and the house of the saltant feline looks to retain its suite of exceptionally modest modifications for the hottest version of its hottest seller. Outside, the car gets hood vents and larger intakes for better... More »
2010 Jaguar XF-R spotted nearly finished
Last time we saw the XF-R was back in August, when it was spotted in Death Valley. Looks like Jaguar is giving the car its final touch as it has very little camouflage. We can clearly see that the car gets hood air vents, changed grille, larger air... More »
Jaguar and Land Rover in Big Trouble as Tata on the Bubble
The slowdown in the car market hurts Tata Motors's business particularly hard as it lacks the brand to compete effectively,'' Govindarajan Chellappa, a Mumbai-based analyst at Credit Suisse, wrote in a note dated yesterday. ``Jaguar and Land Rover will... More »
Bookmark this Article:
More...
More...
Article Views Rating: 167 Words Count: 113
©2008 carwad.net
