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Government talks with Jaguar Land Rover ‘on brink of collapse’

Posted in May 7th, 2009
by Heds in General Info, News

Talks to save Jaguar Land Rover (JLR) were on the brink of collapse last night in a row over conditions the Government want to impose in a rescue package.
Both sides are insisting that the talks are still ongoing at its Halewood plant, although owners, Tata Motors are understood to be refusing to accept the terms [...]

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Land Rover bailout approved

Posted in April 7th, 2009
by Heds in General Info, News

The European Investment Bank (EIB) has approved funding for Jaguar Land Rover and Nissan.
The EIB today approved a whopping £340m package for Jaguar Land Rover and a £370m (400m euros) package for Nissan’s UK and Spain operations.
Jaguar Land Rover had applied for money to invest in research and technology to develop more environment-friendly cars at [...]

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