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Wednesday, Nov 4

Vauxhall job losses inevitable despite GM decision

Thumbnail The problems for General Motors were rooted in the US, not in the UK, where our plants restructured themselves years ago, becoming the best and most efficient in Europe." While British unions welcomed the U-turn, German labour leader Klaus Franz said the unions would not give in to GM's "b...

Monday, Nov 2

Ford boosted by return to profit

Thumbnail • Ford profits in Europe rise to $193m from $69m Ford said today that it had returned to profit in north America for the first time in over four years, a milestone for the carmaker, which has lost billions of dollars in one of the toughest periods in its history.

Wednesday, Oct 7

Jaguar Land Rover secures £175m loan

Thumbnail The loss-making carmaker, which is owned by India's Tata Motors, said the company had now lined up £500m of new funding facilities this year from institutions including Standard Chartered and Burdale financial, a subsidiary of the Bank of Ireland.

Friday, Sep 25

Mandelson admits foreign ownership of firms disadvantages UK

Thumbnail His words will be carefully scrutinised against the backdrop of the politically unpopular threat of a takeover of Cadbury by the American food group, Kraft. Britain's laissez-faire approach was in evidence when Dubai Ports was allowed to buy P&O but was blocked by Washington from a...

Thursday, Sep 24

Jaguar Land Rover to close factory

Thumbnail Jaguar Land Rover insisted that the plan would not result in job losses but admitted that it could not rule out voluntary redundancies. It is also understood that Jaguar Land Rover will pay new staff up to 20% less than existing workers.

Friday, Sep 18

Tata electric car to hit UK roads as Mandelson lends £10m

Thumbnail Tata Motors-badged cars will hit the UK's roads for the first time Tata Motors, which owns Jaguar Land Rover, will invest £25m into the project, which could create hundreds of jobs. It will also see Tata Motors-badged cars on the UK's roads for the first time.

Friday, May 15

Former minister Digby Jones to join trade unionists on job march

 UK This government is desperate not to be seen to be doing a British Leyland," he said, referring to repeated bailouts of the carmaker in the 1970s, "but if you look at Jaguar or Nissan or Honda or Jaguar Land Rover, these are great, globally competitive ...

Sunday, May 10

It's not bankers Labour is watching...

Thumbnail Meanwhile, the government is ­pressing ahead with the part-­privatisation of the Royal Mail and made conditions for financial support for ­Jaguar Land Rover so tough that they were bound to be rejected. This is not interventionism: it is neo-liberalism lite. The aim, as it has been all th...

Friday, May 8

Tata looks elsewhere for Jaguar Land Rover help

Tata, which controls Jaguar Land Rover through its subsidiary Tata Motors, will cut or freeze investment plans for new models. More redundancies from its 15,000-strong workforce are also likely. An announcement about how Tata is planning to support Jaguar Land Rover could be made soon.

Thursday, May 7

Talks on Jaguar Land Rover bailout set up to fail, says Tata

The government also hit out at Jaguar Land Rover and Tata for attempting to force the pace of negotiations on a bailout through leaks to the media. He said the government could strike a compromise deal with Jaguar Land Rover, lessening some of the conditions and underwrite more of the EIB lo...

Wednesday, May 6

Stress tests on US banks don't worry the market

 UK Of course, the modest bailout of LDV will provoke calls for more state assistance. But it is hard to argue that a precedent has been established here since a £5m loan is very small beer. Tata and Jaguar Land Rover probably shouldn't lift their hopes.

Ministers demand dominant role in Jaguar boardroom

Jaguar, once part of state-owned British Leyland until it was privatised by the Thatcher government, has been in months of talks with Lord Mandelson's department since a slump in sales triggered by the credit crunch left it needing short-term and long-term funding.

Wednesday, Apr 29

Jaguar Land Rover rescue in doubt

Officials from the business department (BERR) met executives representing Jaguar Land Rover this week to discuss the package. Jaguar Land Rover, owned by the Indian firm Tata, was warned that the conditions demanded by the Treasury in return for supporting the £800m package may be so ex...

Tuesday, Apr 7

Jaguar and Nissan scoop £630m funding

Carmakers Jaguar Land Rover and Nissan are expected to win £630m of funding today from the European Investment Bank (EIB), the EU's main source of long-term lending. Jaguar Land Rover has applied for £270m to invest in research and development of more fuel-efficient cars at its Midlands...

Monday, Jan 19

Jaguar Land Rover begins two-week shutdown in response to falling demand

Many of Britain's car makers took extended Christmas breaks, and the outlook for 2009 is gloomy. Nissan is cutting 1,200 jobs at its Sunderland plant, and Honda has extended a two-month shutdown at Swindon to four months. Jaguar Land Rover has also announced it is cutting 450 jobs.

Sunday, Dec 21

Tata leaps in to rescue Jaguar Land Rover and avert government bail-out

There were indications last night that Tata had heeded the government's warnings. It is said to be prepared to provide tens of millions of pounds immediately, raising government hopes that the Indian company will be able to provide longer term support for Jaguar Land Rover.

Wednesday, Dec 17

Mandelson in talks over Jaguar Land Rover bail-out

The business secretary Lord Mandelson said last night that he was in intensive talks about a bail-out for Jaguar Land Rover, but said the primary responsibility for the company lay with its parent company, the Indian owners Tata. Mandelson said it was too early to judge whether state help...

Father guilty over children's deaths in modified Land Rover crash

Gresham's then partner, Sara Bolland, and their three other children were also in the four-wheel drive when a corroded bracket snapped as Gresham pulled on to a grass verge after meeting an oncoming vehicle; the Land Rover flipped over and rolled down a bank into water.

Thursday, Sep 4

Austerity Britain: crunch forces consumers to change habits

 UK - Sep 4, 2008 The hardest hit were the more expensive marques, with sales of BMW down almost 40%, Land Rover 58% lower, Jaguar down 41%, Mercedes-Benz off 35% and Aston ...

 
 

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