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Joined: Nov 2003
Posts: 12,002
Wiki Master
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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 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 Rover’s 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 industry’s total claim for a £2.3n government support package that is also being discussed by industry representatives in London today.
What If There Were No Hypothetical Questions?
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Awesome Wiki Master
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Awesome Wiki Master
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Its not even that nice - it looks like a Transformer...
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Joined: Nov 2003
Posts: 12,002
Wiki Master
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Joined: Nov 2003
Posts: 12,002 |
Land Rover’s Indian owner Tata It'll transform to junk....
What If There Were No Hypothetical Questions?
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Joined: Jul 2008
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Awesome Wiki Master
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Joined: Dec 2003
Posts: 8,019
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Posts: 8,019 |
i dont get it, why do they need money, surely they have made shed loads of cash, every footballer or star has a landrover ???????
Uncertainty or not knowing causes depression, Im happy because I know I'm going to die one day!
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Joined: Jul 2008
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Awesome Wiki Master
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Awesome Wiki Master
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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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Joined: Nov 2003
Posts: 12,002
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Jumping on the bandwagon? ...if every other car company car do it, why shouldnt they? Dont know if that the actual reason, just a thought.
What If There Were No Hypothetical Questions?
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Joined: Jul 2008
Posts: 10,000
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Awesome Wiki Master
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are GM getting money from the government?
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Joined: Nov 2003
Posts: 12,002
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GM USA have requested it....
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Joined: Jul 2008
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Awesome Wiki Master
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Awesome Wiki Master
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well they'd better not ask here!
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Joined: Aug 2008
Posts: 8,620
H4H County Volunteer Wiki Veteran
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H4H County Volunteer Wiki Veteran
Joined: Aug 2008
Posts: 8,620 |
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!
Sometimes Police Officers give more than just speeding tickets!
It�s hard to be fit as a fiddle when you�re shaped like a cello!
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Joined: Dec 2003
Posts: 5,683
Wiki Guide
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Wiki Guide
Joined: Dec 2003
Posts: 5,683 |
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.
"C20 LET bang"
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Joined: Apr 2006
Posts: 5,488
AlfaHolic Forum Veteran
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AlfaHolic Forum Veteran
Joined: Apr 2006
Posts: 5,488 |
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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