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 ($734 million) in loan guarantees from the British government. "If funds are not available the company will not be able to run," he said. "So layoffs will take place."
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