Jaguar Land Rover (JLR) is today seeking urgent financial assistance from the British Government to ‘steer it through the pandemic.’
JLR, a subsidiary of India-owned Tata Motors and Britain’s biggest carmaker, is reportedly seeking in excess of £1bn, with some sources quoting close to £2bn as a more accurate figure.
If JLR were to collapse, about 38,000 jobs would be on the line.
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