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Home  Jaguar Land Rover To Receive Millions
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Jaguar Land Rover To Receive Millions





Tata Motors, owner of Jaguar Land Rover, is to inject tens of millions of pounds into the British car maker. Tata Motors have not denied the report from the Financial Times, but have not stated exactly how much they intend on funding.

Jaguar Land Rover has also asked the government for financial support, but the cash injection from Tata Motors will give the government more time to think. The US government has already agreed to a $17.4bn bail-out package for Ford, General Motors and Chrysler. A dramatic slump in global sales has affected the British car maker Jaguar Landrover. The UK Confederation of British Industry has said that urgent government loans are required to save over 800,000 UK jobs in the British carmaking industry.




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