Monday, 24 November 2008

Jaguar Land Rover (JLR) in secret talks for a £1-billion loan

Jaguar Land Rover (JLR) owned by India car manufacturing industry Tata is in talks with UK government for a jussssssssssstt.....£1bn loan. Earlier Tata's bought the JLR for £1.9bn from Fords. The market for JLR cars has fallen 25% around the world and the credit crunch has futher affected the sales..

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