Jaguar Land Rover reports huge loss
July 28, 2009 by David Twomey
Filed under Car News, Ford, India, Industry, Jaguar, Land Rover, Tata
British luxury carmaker Jaguar Land Rover has reported a US$1-billion loss for 2008 but will receive a guarantee for a bridging loan from the British government, the British business newspaper, Financial Times, has reported.
The report, quoted by Reuters Newsagency, said the core British operations of Jaguar Land Rover, which is owned by India’s Tata Motors, [...]
Ford “on track” to end losses in 2011
May 16, 2009 by David Twomey
Filed under Car News, Ford, Industry
Ford Motor Company’s restructuring is on track to be completed without the carmaker seeking emergency government bridge loans and to bring a profit as soon as 2011, executives have told shareholders.
Ford shareholders also approved the company’s funding plan for a healthcare trust for UAW retirees and knocked down shareholder requests to change the voting structure [...]
