LDV Van Producers Could Be Saved By Government
Thousands of jobs could potentially be spared at the van makers LDV if the government agree to a £5m bridging loan that would lead to further investment from overseas companies.
Although LDV and Citroen van leasing have been on the up recently, production at LDV has been put on hold since December last year as a result of reduced demand in the new van market. Workers at the plant recently dropped down to a three-day week and agreed to a 10% pay cut in efforts minimise outgoings. They originally asked the government for around £30million in funding to remain buoyant. This figure was turned away but since some rethinking on LDV’s part as reduced request has been put forwards.
Over 800 jobs could be saved if the government decide to award the loan, as well as helping more than 6,000 workers are are affected along the supply chain. It has been reported that a few overseas investors have shown an interest in backing the firm if the government stumps up the money. These include one of the bidders who previously failed to secure Jaguar Land Rover, but also Mahindra and Mahindra, an Indian group who were in the running to purchase JLR and also a van leasing company a year ago but was eventually beaten by rival Asian conglomerate Tata.
Copies of the company accounts and business plans have been sent to the government and include a new concept for an ecological ‘green’ van. The government will be studying all the relevant details closely but the people in charge at LDV are hopeful. The chairman of LDV’s Russian owner Gaz, Erik Eberhardson has announced that he is certain the firm can regain its strength and an LDV spokesman echoed this when he stated “This isn’t dead in the water. BERR has agreed to investigate all options, and the MBO team believe they have the best plan.”
First Jaguar Land Rover Showroom Opens in India Mumbai
|
|
Closet / Dinner Game / Jaguar – O.S.T. $14.96 … |
|
|
sylvia’s mother / sylvia’s rock 45 rpm single … |
|
|
sylvia’s mother / sylvia’s rock 45 rpm single … |
|
|
Reign of the Jaguar $19.99 REIGN OF THE JAGUAR is a film about the Maya’s culture, ceremonies, rituals and events, seen through their eyes today. It is not a story with a typical beginning, middle and end. It was filmed on location in Mexico’s Yucatan Peninsula in the Mayan’s language, with English narration. The film also deals with the Mayan viewpoint on the year 2012, and the coming together of the Maya and Aztec. The … |
|
|
A Day Called 4 Jaguar … |
|
|
Buy 1 Get 1 Free Remi hair extensions $169.99 … |
|
|
jaguar remi silky european texture weave grd5 100% remi indian hair jaguar luxury hair special bonus buy G1306Y8KD37YKI1G6V13… |
|
|
Pioneer DEH-P7200HD CD Receiver with HD Radio, OEL Display and iPod Control $195.16 Pioneer’s DEH-7200HD is an uncompromising CD system, decked out with a full-motion OEL display, direct iPod playback, WMA/MP3/AAC playback from disc or USB devices, built-in HD Radio with iTunes tagging, and plenty more. It also leaves room to grow, with three 4V RCA preamp outputs and the ability to add Bluetooth or SAT radio in a snap. Pioneer Car Audio SystemsPioneer’s Mobile… |
|
|
Autolite 65 Copper Core Spark Plug $1.22 Autolite 65 Copper Core Spark Plug… |
|
|
AUTOLITE SPARK PLUG $1.15 Autolite 3924 Copper Core Spark Plug… |
Tags: cars, india, indian jaguar aircraft, indian jaguar car, indian jaguar fighter, indian jaguar upgrade, indian jaguars, jaguar, samma, tata