Jaguar and Land Rover andalusia government for help English, though they deny
December 23, 2008 by Automotive
Filed under Automotive news
The financial crisis continues hitting and hitting, where no one is spared, because other brands that fell in asking the state money, are Jaguar and Land Rover signatures from now Tata .
The specific request of the two firms is
1.000 billion pounds (1,000 million euros) to the British government. An amount, which ensures the two brands, they will survive during this period so bad that are happening. This is a strategy Tata because it is not intended to take over the problems of both brands.
The
Government English cost you to decide, but as is the hand and one can see in the history of the British automotive industry, practically have no other. In addition many countries have helped or will help their brands, such as United States, France or Sweden . This is not a good time for any global company, as sales of most of the brands have fallen throughout the world.
The aid requested that both brands, was denied by the same (a few days ago) because the owner said already that they are healthy and viable. But despite this, it appears that the
Government English give them this money, and they have said the two firms, which will ensure the short-term liquidity during this fall in sales in recent months.
Despite all this return of contradictions, so that the crisis will hit everyone where it does not discriminate against anyone, even those who are supposedly good example is the
Honda .
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