Re:UK government underwriting £1.5B loan to Jaguar Land Rove...
by tonyedgecombe on Sunday September 28, 2025 @02:33AM
(#45402204)
Not that I agree with the bailout but the Land Rover part has been booming.
https://media.jaguarlandrover.com/news/2024/04/jlr-full-year...
Re:UK government underwriting £1.5B loan to Jaguar Land Rove...
by ivorbuk on Sunday September 28, 2025 @08:11AM
(#45403755)
Agree - the Land Rover brand has such significant demand that there's zero risk they won't bounce back.
The "bailout" says more about Tata's approach to supplier relations than it does about brand risk. Not that Tata is much different than any other abusive conglomerate.
This is akin to being "forced" to do the right thing by the UK government. Do we really believe that Tata Group couldn't afford this?
From the comments below. Regardless of Cyber Attack which claims to have its manufacturing shut down, they weren't producing much anyway.
And they got 1.5B loan out of it. With the current UK political and economic climates.