At the beginning of the year it seemed Indian conglomerate Tata Group was on a dream run, first unveiling the world's cheapest car and then buying the Jaguar and Land Rover brands from Ford Motor Co. for $2.3 billon.
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Around 850 agency workers are to lose their jobs at Jaguar Land Rover (JLR).
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Jaguar Land Rover (JLR) is reportedly looking to reduce the workforce at the British marques and cut production days.
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Joe Greenwell, a former head of Jaguar Land Rover, will be the new president of the UK's automotive lobbying group. Greenwell said he will work hard to protect the automotive industry during its current difficulties.
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Jaguar Land Rover (JLR) is reportedly pressing the UK government for a GBP1bn loan to help it through the industry downturn.
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British-based carmaker Jaguar Land Rover is in secret talks with the UK government over a 1 billion pound ($1.48 billion) loan, just nine months after the Indian conglomerate Tata Group bought the luxury carmaker, the Sunday Times newspaper reported.
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The recent substantial cuts in interest rates may not be enough to help the auto industry out of its slump, said Jaguar Land Rover's new CEO.
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The rumour that had been circulating for a while now was confirmed this morning. Ford's fire sale and urgent search for funds have resulted in the sale of most of its stake in the Mazda Motor Corporation. The manufacturer is practically selling the entirety of its assets in the companies of which it held a majority of shares. After the sale of Aston Martin to the ProDrive consortium and the block sale of the British Land Rover and Jaguar brands to the Tata group, it's now Mazda's turn.
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Rolls Royce and Land Rover, as well as Italian sports car maker Ferrari and economy-focused automaker Suzuki, have told show officials they will not have displays at the North American International Auto show this year.
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India's Tata Group, buyer of steel firm Corus in 2007 and car brands Jaguar and Land Rover in 2008, has put acquisition plans on hold unless strategically critical, the Hindustan Times said citing an e-mail from Chairman Ratan Tata.
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Jaguar Land Rover has selected Chase as its exclusive auto finance provider in the US, offering a full range of financial services to vehicle buyers and dealers.
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In contrast to the admittedly much smaller but over-subscribed Jaguar Land Rover voluntary redundancies reported by just-auto today, former owner Ford is having problems persuading US workers to leave.
Jaguar Land Rover (JLR) has called for a further 300-400 voluntary redundancies across its UK manufacturing sites as it looks ahead to a "very tough" 2009.
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Tata Motors has said its INR4.147bn rights issue to part-finance the purchase of British brands Jaguar and Land Rover was fully subscribed with promoters picking up significant amounts of the stake.
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Jaguar Land Rover, recently sold by Ford to India's Tata Motors, is calling for 198 voluntary redundancies at its three factories in central and north-west England, a company spokesman confirmed on Friday.
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Jaguar Land Rover will cut 198 jobs from its UK workforce, the company said Friday.
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The boss of Jaguar Land Rover has called for more action from the UK government to boost car sales by restoring consumer confidence.
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The boss of Jaguar Land Rover has called for more action from the UK government to boost car sales by restoring consumer confidence. Jaguar Land Rover CEO David Smith met UK Prime Minister Gordon Brown to discuss the current financial crisis.
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Land Rover has extended its CO2 offset initiative to the company's Middle East market.
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