Comments on: Jaguar Land Rover asks UK government for financial aid

By: BMW M1

BMW M1 — Wed, 26 Nov 2008 09:02:13 +0000

Just read a news report. India is also affected, VW, BMW, Merc cutting outlooks there. Tatas own production facilities were also idling some while back.

Tata has actually over-reached!! Hes currently paying for both Jaguar and Land Rover, his steel plants are suffering(car industry not buying steel), the Indian market his biggest consumer are also holding back.

The Indian stock market has fallen by about 57% in the last 6 months!!

Tata might soon be asking the Indian govt. for money!!!

By: JohnnyBlazE

JohnnyBlazE — Tue, 25 Nov 2008 12:36:49 +0000

All above^

Well duh.

Course Tata can finance it, but he has other things to finance.
His personal worth and the company he bought are two separate things.

And of course, Tata’s doing Britain a favour by employing 15,000 people.
If he moved production elsewhere he could save that money easily, but destroy a huge part of Britain.

Either way, whatever, I don’t care anymore.

Can the government lend me just £1.5m so I can buy a nice house n car kplzthx

By: Get Real

Get Real — Tue, 25 Nov 2008 02:12:09 +0000

After one hundred years the colony is again asking for money again from the ruler.

I thought nowthe colony was the master and the ruler was a has-been-broke-island.

By: carbonsigma

carbonsigma — Mon, 24 Nov 2008 22:44:02 +0000

As if any of Mr Tata’s companies need financial aid. Not with his tens of billions of dollars.

By: VictorRaikkonen

VictorRaikkonen — Mon, 24 Nov 2008 18:08:44 +0000

I reckon they should ask the Indian government for fin’aid considering the facts.