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24th May 2020, 09:03 | #1 |
I really should get out more.......
Rover 75 connoisseur se v6 auto Join Date: May 2014
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Jaguar Landrover in Trouble
Sunday Times business page headline "Jaguar pleads for rescue deal" - seeking in excess of 1 billion from the Government to stay in business as Tata are under pressure to support their Indian operations.Apparently the business is burning a billion a month.
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She came off the Longbridge Line on 20-05-2003 The Silver Machine was the 13th of 160 Rover 75's to come off the production line that day and is the 100th of 527 Starlight Silver Rover 75 2.5 V6 Connoisseur SE Auto saloons listed in the build records produced world wide. |
24th May 2020, 09:22 | #2 |
Posted a thing or two
MG ZT 190 + and MKIV Supra Join Date: Jan 2009
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Not surprised tbh.
Their big market in Asia is not buying and the Germans have taken over in Europe. They are behind the times on engine technology and playing catch up and according to my colleagues who own modern Land Rovers, XFs and fpaces they are not overly reliable. We don't want these great companies going under so hopefully something can be done which didn't happen to MGR
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Jon C Living the dream MK IV VVTI Tiptronic TT Toyota Supra MG ZT 190+
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24th May 2020, 10:02 | #3 |
This is my second home
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24th May 2020, 10:08 | #4 |
Precise
Rover 75 Tourer 2.5KV6 Connoisseur SE Join Date: Mar 2013
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More tax rises!
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24th May 2020, 21:45 | #5 |
This is my second home
Rover 75 cdt club + Rover 2.5 KV6 Conni SE Join Date: May 2008
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I don’t suppose I could get a bail out? I am a poor pensioner and now I have reached the fine ‘old’ age of 80, they have found it in their hearts to give me an extra 25 pence towards the heating bill in the winter. I have spent hours wondering how I can put together an appeal to put to the government for more money. Think I will get in touch with Mr Branson for some advice on the matter.
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24th May 2020, 22:11 | #6 |
Give to Learn
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Mr. Ratan Tata.
Look him up he as more money than Bill gates its just not shown on his personal fortune but he will get it or Jaguar Landrover will, wheels within in wheels pun not intended.
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24th May 2020, 22:30 | #7 | |
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Quote:
No I don't believe we should be subsidising foreign owned companies, irrespective of the local employment demographic. I would feel completely different if this was a domestic company, but it is not...... perhaps in name Brian |
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25th May 2020, 07:42 | #8 |
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they could give him the money but take the equevelant amount in ownership of the company
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25th May 2020, 08:33 | #9 |
Posted a thing or two
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They are coming anyway. People are going to bankrupt this country if we don't open up soon.
Austerity was nothing compared to the bill we will have to pay back now. But that's politics, not for a superb car forum
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Jon C Living the dream MK IV VVTI Tiptronic TT Toyota Supra MG ZT 190+
BornTuesday, 10th July 2001 @ 09:01:10 259th ZT to run off the production line, out of 18,894 252nd ZT 190 + to be made out of 4,023 101st ZT in Solar Red (code: CEU) to be made out of 1,888 |
25th May 2020, 20:24 | #10 |
I really should get out more.......
MGTF, MGZT, Range Rover Join Date: Sep 2013
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TATA has leverage over the Government as it employs thousands of British workers. Give us some money or we’ll pull out of the UK. It’s irrelevant where the company comes from, India or wherever. Do you spend money on a bail out or unemployment benefit?
It has indeed been broadcast that the Government will take a stake in companies it helps. It’s another form of leverage. This time they are saying there is no free money anymore and there is a slim chance we, the tax payers will one day get the money back. State ownership could be making a comeback!
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MG TF 135, MG ZT, Range Rover P38 |
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