Labcoatguy
Forum Addict
- Joined
- Mar 27, 2005
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- 14,181
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- New England region, USA
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- #Jaguar #XKR #XJR, #Saab #9-3 #9-5 #900
Full article here.
One line in the article popped out and worried me.
This had better not become the new status quo, as this same thing happened under British Leyland, starving Jaguar of R&D poundage that it desperately needed.
One line in the article popped out and worried me.
JLR now finances itself with the $2 billion plus of cash it generates each year. It has paid back its borrowings to Tata and today is propping up the parent company as its core Indian business struggles with sliding sales and market share.
This had better not become the new status quo, as this same thing happened under British Leyland, starving Jaguar of R&D poundage that it desperately needed.