Jaguar & Land Rover to get Cash Infusion from Tata

Jaguar & Land Rover to get Cash Infusion from Tata
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In this volatile economic environment, no auto manufacturer is safe from hard times, including Jaguar and Land Rover. According to an Automotive News/Reuters report, the two historic British car companies are facing a “cash crisis.” Parent company Tata Motors, the Indian auto manufacturer that recently purchased the luxury brands from Ford for $2.3 Billion, recently… Continue Reading...

Production “Pause” at Chrysler

Production “Pause” at Chrysler
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Chrysler has just announced that starting this Friday (December 19th) it will cease production until January 19th – at the earliest. The month long “production pause” is not due to a lack of demand says Chrysler, which recently scheduled a meeting with dealers to assess the economic crisis. According to Chrysler dealers, 20 to 25… Continue Reading...
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