Tata Motors may have purchased premium brands Jaguar and Land Rover just before the auto industry hit an all-time low, but it will be a while before it sees a return on its investment. Automotive News says the Indian automaker "may have to pump in at least $1 billion" to revive the two British brands. Tata already paid $2.3 billion for the acquisition in March.
While Tata is looking at several ways to raise funds, Bloomberg notes that it's expected to receive its own bailout in the form of financial support from the U.K. government before Christmas: "Tony Woodley, joint general secretary of Unite [a trade union group], said there was little reason for the government not to provide support after Tata injected more cash." According to the UK's Financial Times, Tata has already agreed "to inject 'tens of millions' of pounds into the British car company to prevent an immediate cash flow crisis, while the government continues to consider the case for a taxpayer-funded bail-out."
Tata Motors is India's largest truckmaker. In recent months, Indian truck and car sales fell 50 percent, according to the Financial Times. Interested in how Tata's newest brands fare? Check out the U.S. News Jaguar and Land Rover reviews.



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