Jaguar Land Rover in talks over government loan
Shortpedia
Content Team
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Jaguar Land Rover is in talks with the UK government to strike a loan deal of more than £1bn, after a slip up in sales during the coronavirus pandemic. According to reports, the carmaker is looking for a support package. JLR, which is originally owned by India's Tata Motors, has witnessed sales going down by more than 30% in its most recent quarter. Around 18,000 of its UK workers have already been furloughed.
