LRO SHOW 2019.jpg
Land Rover Owners
  • Home
  • Blog
  • For Sale
  • Insurance
  • Win
  • Forum
  • Magazine
  • LRO Show
  • Place a FREE ad
  • Home
  • Blog
  • For Sale
  • Insurance
  • Win
  • Forum
  • Magazine
  • LRO Show
  • Place a FREE ad

Parts & Gear

Land Rovers For Sale

Used Parts

Books, Mags, DVDs

Search Land Rover gear reviews by type:

Axles Batteries Brakes & Pads & Discs Bumpers Camping Accessories Chassis & Body & Styling Clothing & T-Shirts Diagnostic Tools Axles Batteries Brakes & Pads & Discs Bumpers Camping Accessories Chassis & Body & Styling Clothing & T-Shirts Diagnostic Tools Engine Parts Exhausts & Systems Gearbox & Transfer Box Gifts Heating & Cooling Interior Accessories Light Guards Lights & Lightbars Off Road Parts Roll Cages & Roll Bars Roof Racks & Bars Rust Proofing Seats Security Devices Side+Steps Snorkels Soundproofing Steering Systems Steering Wheels Storage & Cubby Boxes Suspension Parts Tents & Awnings Tools Tow Bars Underbody Protection Wheels & Tyres Winches & Winch Bumpers Wiring & Electrics See all categories +

Books, Magazines and DVDs

Magazines Books DVDs Magazines Books DVDs

£340 million loan for Jaguar Land Rover

October 16, 2014 Calum Brown
340-million-mid.jpg

Tata Motors has announced the completion of a £340 million loan from the European Investment Bank (EIB) to Jaguar Land Rover to finance development of micro and full hybrid drive trains and research into more energy efficient car bodies for the premium car segment. These activities will contribute to lower CO2 emissions and the loan was granted under the European Clean Transport Facility, a major European Investment Bank financing programme approved by the Economic and Financial Affairs Council of the European Union (ECOFIN).

Tata Motors is India’s largest automobile company, with consolidated revenues of US$14 billion in 2008-09.  Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among the former is Jaguar Land Rover, the business comprising the two iconic British brands. 
The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union. The task of the Bank is to contribute towards the integration, balanced development and economic and social cohesion of the EU Member States. Its main lending priorities include financing investments in future Member States of the EU and EU Partner countries. Simon Brooks, European Investment Bank Vice President responsible for lending operations in the United Kingdom, said, 'The EIB is pleased to be able to work closely with Tata Motors and Jaguar Land Rover to make a lasting contribution to automotive research that will enable the production of more environmentally friendly and energy efficient vehicles at a time of significant challenges for the European car industry.'
The EIB loan completes the last major element of the funding plan for Jaguar Land Rover, which has been an important part of Tata Motors’ efforts to strengthen its group balance sheet over the past year. In 2009, the company secured over £500 million of funding for Jaguar Land Rover. Moreover, despite the very difficult financial environment since June 2008 when Jaguar Land Rover was acquired, Tata Motors had, by October 2009, completely repaid the US$3 billion bridging loan for the acquisition of Jaguar Land Rover.

The Jaguar Land Rover business employs some 14,500 people, predominantly in the UK, including 3,500 engineers at product development centres in Whitley, Coventry, and Gaydon, Warwickshire. Land Rover’s Defender, Discovery 4, Range Rover Sport and Range Rover models are built at the Solihull plant in the West Midlands, while the Freelander 2 is manufactured at Halewood in Liverpool. The business is a major wealth generator for the UK as 78% of Land Rovers are exported to 169 countries and 70% of Jaguars are exported to 63 countries. Sales to customers are conducted principally through franchised dealers and importers.

In news
 
 
 
 
← Discovery Sport Production Begins
- Sign up to the LRO Newsletter -
- Subscribe to LRO -
40%-updated-mpu.png
MPU.jpg
On Facebook
LRO Buyer guides
1990-1998 Defender Tdi 4x4 Review
1990-1998 Defender Tdi 4x4 Review
Read More →
2007-On Defender TDCi 4x4 Review
2007-On Defender TDCi 4x4 Review
Read More →
1970-84 Range Rover Classic Two-Door 4x4 Review
1970-84 Range Rover Classic Two-Door 4x4 Review
Read More →
1998-2007 Land Rover Defender Td5 4x4 Review
1998-2007 Land Rover Defender Td5 4x4 Review
Read More →
1962-1971 Land Rover Series IIA / IIB Forward Control 4x4 Review
1962-1971 Land Rover Series IIA / IIB Forward Control 4x4 Review
Read More →
2013-on Range Rover Sport L494 4x4 Review
2013-on Range Rover Sport L494 4x4 Review
Read More →
2011-on Range Rover Evoque 4x4 Review
2011-on Range Rover Evoque 4x4 Review
Read More →
2009-on Land Rover Discovery 4 4x4 Review
2009-on Land Rover Discovery 4 4x4 Review
Read More →
1981-1996 Range Rover Classic Four-Door 4x4 Review
1981-1996 Range Rover Classic Four-Door 4x4 Review
Read More →
2005-2013 Range Rover Sport L320 4x4 Review
2005-2013 Range Rover Sport L320 4x4 Review
Read More →
1998-2004 Land Rover Discovery 2 4x4 Review
1998-2004 Land Rover Discovery 2 4x4 Review
Read More →
2002-2012 Land Rover Range Rover L322 4x4 Review
2002-2012 Land Rover Range Rover L322 4x4 Review
Read More →
1968-84 Land Rover Ex-Military Lightweight 4x4 Review
1968-84 Land Rover Ex-Military Lightweight 4x4 Review
Read More →
1994-1998 Land Rover Defender 300Tdi 4x4 Review
1994-1998 Land Rover Defender 300Tdi 4x4 Review
Read More →
2006-on Land Rover Freelander 2 4x4 Review
2006-on Land Rover Freelander 2 4x4 Review
Read More →
1972-78 Land Rover 101 Forward Control 4x4 Review
1972-78 Land Rover 101 Forward Control 4x4 Review
Read More →
1948-58 Land Rover Series I 4x4 Review
1948-58 Land Rover Series I 4x4 Review
Read More →
1989-1998 Land Rover Discovery 1 4x4 Review
1989-1998 Land Rover Discovery 1 4x4 Review
Read More →
1994-2002 Land Rover Range Rover P38 4x4 Review
1994-2002 Land Rover Range Rover P38 4x4 Review
Read More →
Land Rover Series II-IIA 4x4 Review
Land Rover Series II-IIA 4x4 Review
Read More →
2005-2010 Land Rover Discovery 3 4x4 Review
2005-2010 Land Rover Discovery 3 4x4 Review
Read More →
Land Rover Ex-Military 110 4x4 Review
Land Rover Ex-Military 110 4x4 Review
Read More →
1997-2006 Land Rover Freelander 1 4x4 Review
1997-2006 Land Rover Freelander 1 4x4 Review
Read More →
1971-85 Land Rover Series III 4x4 Review
1971-85 Land Rover Series III 4x4 Review
Read More →
Land Rover Lightweight Buyers Guide
Land Rover Lightweight Buyers Guide
Read More →

View all LRO Land Rover Buying Guides

LRD SECURITY
LRD Security is a single point of sale for every defender security item on the market today. If you need a security product for your defender please visit our website.
 www.landroverdefendersecurity.com

Find it with LRO

> Find Local Land Rover Events

> Find Local or National Land Rover Clubs

> Find dealers and services for your Land Rover 

> Find all the information on this year's LRO Show

Legal Links

  • Privacy Policy
  • Terms & Conditions
  • Complaints Policy

Useful Links

  • Anti-Scam Guide
  • Contact Us
  • Subscribe to Land Rover Owner magazine

Connect

Copyright © 2016 Bauer Consumer Media Ltd. All Rights Reserved.
Registered in England & Wales (company no. 01176085) at Media House, Peterborough Business Park, Peterborough, PE2 6EA.
Bauer Consumer Media Limited are authorised and regulated by the Financial Conduct Authority (Firm reference No. 710067)

Select category:

Close
  • Brakes
  • Camping
  • Chassis, Body & Styling
  • Clothing & Gifts
  • Engine, Intakes & Exhausts
  • Gearbox, Drivetrain & Axles
  • Heating & Cooling
  • Interior & Trim
  • Lighting, Eletrics & Comms
  • Protection & Roll Cages
  • Racks & Storage
  • Rust Treatment
  • Security
  • Soundproofing
  • Suspension & Steering
  • Tools
  • Trailers & Towing
  • Wheels & Tryes
  • Winches & Recovery