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#299989 - 12th Mar 2009 11:20am TAXPAYER TO FUND LRX
StuyMac Offline

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Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
Soooo, the government try their hardest to get these 4x4s off the roads, then may help get another one on the road - to cap it all, its now owned by an indian company smack

Land Rover secure financial backing from the government



Land Rover is to get a £27m taxpayer injection to help it develop the LRX concept for production, according to a statement today by business secretary Peter Mandelson.

The proposed payment, which needs to be agreed by the EU, is a small part of the £400m that Land Roverís Indian owner Tata says it needs to put the new mini-Range Rover into production. However the government backing for the project is designed to help ensure the new model is built at Halewood, says the official statement.

The new model will be the smallest, lightest and most efficient that Land Rover has ever produced. Although based on the LRX concept the production version will have five doors and a hybrid version is also mooted.

The grant was applied for many months ago, according to reports, and is unrelated to the industryís total claim for a £2.3n government support package that is also being discussed by industry representatives in London today.
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#299991 - 12th Mar 2009 11:21am Re: TAXPAYER TO FUND LRX [Re: StuyMac]
MissGuided Offline

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Its not even that nice - it looks like a Transformer...
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#299993 - 12th Mar 2009 11:23am Re: TAXPAYER TO FUND LRX [Re: StuyMac]
StuyMac Offline

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Registered: 24th Nov 2003
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Originally Posted By: StuyMac
Land Roverís Indian owner Tata


It'll transform to junk.... think
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#299997 - 12th Mar 2009 11:42am Re: TAXPAYER TO FUND LRX [Re: StuyMac]
MissGuided Offline

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Po-Tata?
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#300003 - 12th Mar 2009 11:46am Re: TAXPAYER TO FUND LRX [Re: MissGuided]
Sanchez Offline

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Registered: 17th Dec 2003
Posts: 8019
Loc: my house
i dont get it, why do they need money, surely they have made shed loads of cash, every footballer or star has a landrover ???????
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#300010 - 12th Mar 2009 11:52am Re: TAXPAYER TO FUND LRX [Re: Sanchez]
MissGuided Offline

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because they are greedy barstard - its not to keep the cars rolling off the line - its to fund the CEO's retirement plans.
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#300012 - 12th Mar 2009 11:54am Re: TAXPAYER TO FUND LRX [Re: MissGuided]
StuyMac Offline

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Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
Jumping on the bandwagon? think

...if every other car company car do it, why shouldnt they?

Dont know if that the actual reason, just a thought.
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#300014 - 12th Mar 2009 11:55am Re: TAXPAYER TO FUND LRX [Re: StuyMac]
MissGuided Offline

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are GM getting money from the government?
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#300016 - 12th Mar 2009 11:56am Re: TAXPAYER TO FUND LRX [Re: MissGuided]
StuyMac Offline

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Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
GM USA have requested it....
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#300019 - 12th Mar 2009 11:59am Re: TAXPAYER TO FUND LRX [Re: StuyMac]
MissGuided Offline

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well they'd better not ask here!
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#300029 - 12th Mar 2009 12:31pm Re: TAXPAYER TO FUND LRX [Re: MissGuided]
Wench Offline

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Registered: 9th Aug 2008
Posts: 8616
Loc: Second Circle of Hell.
Quote:
is designed to HELP ensure the new model is built at Halewood


FFS!!! It should be part of the deal or no cash!! What is wrong with this government!!??!! I'm not going to rant because it would go terribly off topic - suffice to say my cage has been well and truly rattled!!

And to get back on topic - it's ugly anyway. Looks like a football boot without the studs!
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#300693 - 15th Mar 2009 11:26am Re: TAXPAYER TO FUND LRX [Re: MissGuided]
DavidB Offline
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Registered: 7th Dec 2003
Posts: 5614
Loc: Bebington, Wirral
The whole 'saving the economy' is totally crooked. Every single minister from Herr Braun to Mendleson is trying to make a lot of money out of it.
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#300920 - 16th Mar 2009 12:19am Re: TAXPAYER TO FUND LRX [Re: DavidB]
MGCraig Offline
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Registered: 16th Apr 2006
Posts: 5488
Loc: Spital
Saddening thing from this is that this hideous piece of crap will be built....and other smaller entirely british Marques will disappear completely from our shores.

Im guessing the government are doing this as Land Rovers are some of the biggest british exports to the rest of the world.

Even though all those exports are Defenders hahahahaha
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