Jaguar Land Rover cuts jobs at British plants

September 27th, 2009 LONDON - A British MP Sunday called for a meeting with Ratan Tata, chairman of Jaguar Land Rover (JLR) owners Tata Motors, over the company's decision to close a factory in Britain. Mike O'Brien, Labour Party MP for North Warwickshire and Bedworth, said he wanted to speak to Tata chief Ratan Tata himself about what he described as the firm's "bad judgement", the BBC reported.

September 24th, 2009 LONDON - Tata Motors-owned Jaguar Land Rover Thursday announced plans to close one of its factories in Britain but said there will be no compulsory redundancies. The company said it will close a plant at either Solihull or Castle Bromwich in west central England, but will combine production at a site to be decided next year.

August 11th, 2009 Jaguar Land Rover secures private fundingLONDON — The Indian owner of car and sport-utility vehicle maker Jaguar Land Rover said Tuesday it no longer needs government funding after securing a 175 million pound ($288 million) private sector loan. Tata Motors said it has secured some direct bank loans as well as guarantees that will allow it access to European Investment Bank funds.

July 21st, 2009 LONDON - Britain's Business Secretary Lord Peter Mandelson has urged Tata Motors to respond quickly to a revised offer of government funding for its luxury Jaguar Land Rover (JLR) brands. Tata Motors, advised by Citigroup and Standard Chartered, is seeking a government guarantee for a 340-million-pound, three-year European Investment Bank loan, plus guarantees for private bank loans worth nearly 500 million pounds.

July 15th, 2009 LONDON - Tata-owned Jaguar has decided to end the production of its X-Type car by the end of 2009, which would result in 300 job cuts. The carmaker announced on Wednesday that it would be seeking voluntary redundancies at its factory in Halewood, Merseyside, which is also to close for three weeks as part of an extended shutdown starting in September because of "ongoing weaknesses" in the industry.

July 12th, 2009 LONDON - Jaguar Land Rover, the British carmaker owned by India's Tata Motors, is planning an extended shutdown of its British plants and a new round of layoffs as it tries to deal with the slump in the world car market, a media report said Sunday. The preparation for the shutdown comes days after the company released its new flagship, the latest version of the Jaguar XJ, Sunday Times reported.

June 27th, 2009 LONDON - Tata Motors has said that more UK job cuts are likely at Jaguar Land Rover, which sent India's largest carmaker to a thumping loss for the year. Tata Motors vice-chairman Ravi Kant said JLR global sales for the 10 months to March fell by 32 percent to 167,000 vehicles from 246,000 the previous year.

May 7th, 2009 LONDON - : Tata Motors, the parent company of Jaguar Land Rover, has said that it will reject a British Government loan guarantee needed to save the troubled British carmaker. A Sky News report said that Jaguar Land Rover received a final offer on a 450 million pound loan from the business department last week, but the Government wanted a 15 percent commission on the loan.

May 1st, 2009 MUMBAI - Tata Motors-owned British luxury car maker Jaguar Land Rover (JLR) is set to launch its premium brands in the Indian market later this year, the company said in a statement Friday. 'We are delighted to be formally entering the Indian market, an economy which is still growing appreciably, and able to offer our premium products to a whole new group of customers,' a JLR statement said.

May 1st, 2009 MUMBAI - Tata Motors-owned British luxury car maker Jaguar Land Rover (JLR) is set to launch its premium brands in the Indian market next month, the company said in a statement Friday. 'We are delighted to be formally entering the Indian market, an economy which is still growing appreciably, and able to offer our premium products to a whole new group of customers,' a JLR statement said.

April 30th, 2009 LONDON - The wrangling between the Treasury Department and the Lord Mandelson-led Business Department might delay an 800 million pound emergency package for the Tata owned Jaguar Land Rover. Jaguar Land Rover executives fear that even if they can agree terms with the Treasury for the refinancing it may be months before they receive the cash.

April 3rd, 2009 LONDON - Tata, the Indian owners of Jaguar Land Rover, are seeking 781 million pounds in Government and European loans to safeguard the company's future. Jaguar Land Rover is one of a number of companies looking to tap into the 2.3 billion pounds aid package promised by Lord Mandelson.

March 12th, 2009 LONDON - The British Government has offered a grant of up to 27 million pounds to TATA-owned Jaguar Land Rover for the production of a new 'green' car. According to a Sky News report, the company will make a decision later this year on whether to go ahead with the 400 million pound project at its factory at Halewood on Merseyside.

March 1st, 2009 LONDON - China has come to the aid of beleaguered Tata-owned Jaguar Land Rover carmaker with a massive order of 13,000 vehicles. The order, for both Land Rover and Jaguar cars and worth 600 million pounds, was described by Jaguar as 'very significant' and particularly welcome at 'this challenging time'.

January 17th, 2009 LONDON - Up to 1,800 jobs are under threat at Jaguar Land Rover (JLR) factories in Britain if workers do not agree to a pay freeze and a major new round of cutbacks, a newspaper reported. The report in the Birmingham Post, which serves a region where JLR is a major employer, comes amid protracted discussions between the government and the automotive sector for short-term government loans to help carmakers tide over a slump in demand.