Newsreader
25th Nov 2008, 20:39
Jaguar Land Rover has confirmed reports that it has appealed to the British government for a £1billion loan.
The company, owned by India's Tata Motors, has asked for help in dealing with the current economic crisis, and said it needs a bail-out to keep its factories in Halewood (Merseyside), Solihull and Castle Bromwich (the Midlands) open.
More at Channel 4 Car News (http://www.channel4.com/4car/news/news-story.jsp?news_id=18405).
The company, owned by India's Tata Motors, has asked for help in dealing with the current economic crisis, and said it needs a bail-out to keep its factories in Halewood (Merseyside), Solihull and Castle Bromwich (the Midlands) open.
More at Channel 4 Car News (http://www.channel4.com/4car/news/news-story.jsp?news_id=18405).