Only 3.6 bill! To quote the late great businessman Arthur Daly "It's only a book entry, Terry."
Printable View
Only 3.6 bill! To quote the late great businessman Arthur Daly "It's only a book entry, Terry."
Ah, the late 'arfur Daly. Originator of my favourite name for 'er indoors, 'er indoors. :TakeABow::TakeABow:
[smilebigeye]Quote:
"It's only a book entry, Tell."
The rot set in when they stopped making the old one, and became a purveyor of fine white goods , like Euromaid or Meile [wink11][wink11] or is that MB/BMW [bigwhistle][bighmmm]Quote:
Originally Posted by Ean Austral
The diesel emissions scare hit just as JLR were rolling out their new diesel engines. China has slowed a bit and is going big on hybrids and EVs. Investment in the Defender would have cost a lot.
I think JLR hopes the Defender and its hybrids will turn its numbers around pretty quickly.
It's not so much a real loss, as money invested in the future of the company. Expenditure exceeding income, sure, but for a valid reason.
The people that were expert at losing money while not investing in Land Rover OR Jaguar development were.. FORD.
Mergers seem to be popular now. Can JLR avoid another one?
Fiat Chrysler proposes merger with Renault to reshape car industry
Fiat Chrysler proposes merger with Renault to reshape car industry | Business | The Guardian