Marc Reeves, Editor, Birmingham Post, Mumbai, 25th March, 2009 The Indian boss of Jaguar Land Rover has broken his silence to launch an unprecedented attack on the UK Government’s tardy response to appeals for loans to help the West Midland car maker survive the recession and credit squeeze. In an exclusive interview with the Birmingham [...]

Marc Reeves, Editor, Birmingham Post, Mumbai, 25th March, 2009 Birmingham Post Editor Marc Reeves spoke to Tata Chairman Ratan Tata in Mumbai about the consequences of continued Government inaction over Jaguar Land Rover. When Tata bought Jaguar Land Rover exactly one year ago tomorrow, crucial to its wooing of the UK Government and its …

Paul McVeigh, Automotive News Europe, 25th March, 2009 Standard & Poor’s Ratings Services today lowered its corporate credit rating on India-based automaker Tata Motors Ltd. to B+ from BB-. Standard & Poor’s said the action followed a deterioration in Tata Motors’ cash flows during the economic downturn, which, combined with significantly high debt …

Namrita Chow, Automotive News China, 25th March, 2009  Shanghai Automotive Industry Corp. (SAIC) is now developing new MG models on the platform of its Roewe 550 compact car, say sources at the company. SAIC will launch a new MG car in China at the end of this year, says a source with SAIC in China [...]

John Revill, Automotive News Europe, 24th March, 2009 Jaguar Land Rover could make further job cuts unless the British government provides financial aid to the brands, Ratan Tata, Chairman of Tata Motors, said today in a television interview. Tata said Jaguar Land Rover needs £500 million (542 million euros) in loan guarantees from the British [...]