Jan 15 2009 | Automotive Business
The government should support Jaguar Land Rover in view of its strategic importance but consider taking a stake in the company in return for providing funding alongside the shareholders, Institute of Directors West Midlands chairman Richard Boothas said. Read
Jan 15 2009 | Automotive Business
Birmingham van-maker LDV – previously one of the biggest exhibitors at the CV Show – is seeking urgent talks with the Government after extending the shutdown of its Washwood factory into February. Read
Jan 15 2009 | Automotive Business
The carmaker crisis claimed another victim when organisers slammed the brakes on this year’s Commercial Vehicle Show at the National Exhibition Centre. Read
Jan 15 2009 | Automotive Business
Business secretary Peter Mandelson is to meet Jaguar Land Rover managers this month to continue talks about a potential government loans package to aid the struggling carmaker. Read
Jan 15 2009 | Automotive Business
Business Secretary Peter Mandelson has promised that Jaguar Land Rover will not be allowed to collapse, as the Midlands carmaker announced it was axing 450 jobs due to the banking crisis and plummeting sales. Read