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Tata plans to inject "tens of millions" into Jaguar, Land Rover
It seems like it was just yesterday when Tata agreed to take Jaguar and Land Rover off of Ford Motor's hands for $2.3 billion. But it probably feels like forever for Tata, as a global automotive crisis followed almost immediately after the purchase. The Indian automaker has already pumped hundreds of millions of pounds of working capital into the struggling brands and now Tata is adding "tens of millions" more to stave off an immediate cash crisis. The cash infusion came after the British government also promised tens of millions of pounds ... Read more →
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Tata plans to inject "tens of millions" into Jaguar, Land Rover 11 months ago on Autoblog
It seems like it was just yesterday when Tata agreed to take Jaguar and Land Rover off of Ford Motor's hands for $2.3 billion. But it probably feels like forever for Tata, as a global automotive crisis followed almost immediately after the purchase. The Indian automaker has already pumped ...
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