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Jaguar and Land Rover sold to Indian Company - Tata
Ford have sold Jaguar and Land Rover in a £1 Billion deal to Indian Vehicle Manufacturer - Tata. Tata are the biggest vehicle manufacturers on the Indian Sub-Continent. The deal secures the 16000 jobs of both companies with Ford guaranteeing pensions. The deal was backed by unions at both companies with Tata seen as the preferred bidder for both.
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Moderator for the Swindon Town Section in League 1 Visit www.freewebs.com/erfcpaul/ for all the latest Eldene Rangers News |
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The thing that worries me with these sort of things is whether they will switch production to India at some point
. We've already seen Rover go by the by. Would be a shame to see more quality manufacturing work lost to the UK.
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Moderator for the Swindon Town Section in League 1 Visit www.freewebs.com/erfcpaul/ for all the latest Eldene Rangers News |
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