Jaguar Land Rover won't get a bailout from the UK
#1
08-16-2020, 08:18 AM
Jaguar Land Rover won't get a bailout from the UK
Filed under: Earnings/Financials,Government/Legal,Jaguar,Land Rover
The report https://www.ft.com/content/ea0f0775-...9-7da1945f2a1a said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support. It is the luxury car unit of India's Tata Motors Ltd and Tata Steel, both owned by Indian conglomerate Tata Group. "Tata Steel remains in ongoing and constructive talks with the UK Government on areas of potential support," Tata Steel said in an emailed statement.Continue reading Jaguar Land Rover won't get a bailout from the UK
Jaguar Land Rover won't get a bailout from the UK originally appeared on Autoblog on Sun, 16 Aug 2020 09:00:00 EDT. Please see our terms for use of feeds.
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The report https://www.ft.com/content/ea0f0775-...9-7da1945f2a1a said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support. It is the luxury car unit of India's Tata Motors Ltd and Tata Steel, both owned by Indian conglomerate Tata Group. "Tata Steel remains in ongoing and constructive talks with the UK Government on areas of potential support," Tata Steel said in an emailed statement.Continue reading Jaguar Land Rover won't get a bailout from the UKJaguar Land Rover won't get a bailout from the UK originally appeared on Autoblog on Sun, 16 Aug 2020 09:00:00 EDT. Please see our terms for use of feeds.
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